Tuition and Financial Aid

In determining need, Berkeley Preparatory School follows NAIS Principles of Good Practice. Financial aid awards are based upon FACTS Grant and Aid Assessment (FACTS) financial assessment of each applicant. It is important to note that Berkeley may not be able to accommodate all financial aid applicants in a given year. Complete applications and required documents received in the Admissions Office by the deadline will receive first priority relative to aid dollars available. 

• Deadline for Current Berkeley Students for the 2025-2026 School Year: December 31, 2024*

  • Award notification in late January

• Deadline for New Families Applying to Berkeley for the 2025-2026 School Year: February 1, 2025*

  • Award notification in early March 

*Financial aid applications received after the deadlines will be considered for our financial aid waiting pool.

All families applying for financial aid for the first time should contact Julia Loncar, Associate Director of Admissions and Financial Aid, by calling (813) 885-1673 or emailing loncajul@518331.com. Families currently receiving aid must submit a new financial aid application each year. If the financial circumstances remain the same, the school will make every effort to assist a family at the same level of aid.

To apply for financial aid for the 2025-2026 school year, please complete the following steps no later than December 31, 2024* for returning Berkeley families, or February 1, 2025* for new applicants:

1. Create your FACTS online account.

2. Complete your Financial Aid application.

3. Submit your additional required documents listed below:

• Upload your 2022 and 2023 1040 income tax return(s) with signatures

• Business/Farm Statement and Corporate Tax Return/Schedule C/Schedule F (if applicable)

• Upload your 2022 and 2023 W-2 Forms (if applicable)

• Upload a copy of your most recent pay stub(s)

• By April 15, 2025, upload a copy of your 2024 federal tax forms with all supporting schedules and W-2 Forms (if applicable)

*Financial aid applications received after the deadlines will be considered for our financial aid waiting pool.

Due to the difficulty in evaluating need using non-US dollars and tax structure, a family must provide 2023 and 2024 U.S. tax returns in order to apply for financial aid.

Recognizing that each parent bears a responsibility for financing a student’s education, financial information from all family members is required. Custodial and non-custodial parents (regardless of legal settlements, who are divorced, separated, or never married) must submit their own Financial Aid application. The Financial Aid Committee will consider all household assets in determining need.

Financial aid is an award based on a family’s demonstrated need, as determined by FACTS calculations, tax returns, and Berkeley’s Financial Aid Committee. Financial aid is an award, not a loan, and therefore, is not paid back to the school.

“Demonstrated need” is defined as the difference between the annual tuition and the amount a family can be expected to contribute to the cost of the student’s education. The Financial Aid application and tax returns are used to determine need.

Berkeley’s Financial Aid is need-based. We do not offer academic, athletic, or artistic merit-based scholarships.

None. The Admissions process is distinct and separate from the financial aid process. Berkeley employs a need-blind admissions policy.

Financial aid will be awarded in March after acceptance and prior to the deposit deadline.

Yes. Since a family’s financial circumstances are subject to change, we require reapplication for financial aid each year. If your family’s financial situation remains stable, you can expect, relatively, the same percentage of financial aid, understanding tuition and fees are likely to increase each year.

Anyone may apply for financial aid. We recognize that each family’s financial situation is unique.