Financial Assistance

Financing Your Education at ANA

Financing Your Education at ANAThe Academy is fully committed to the education and development of tomorrow’s great leaders. For this reason, we contribute funds directly from our operational budget to qualified families.

Does your son possess the following?

  1. Leadership Potential
  2. Good Character
  3. Strong Academic Records
  4. Positive Discipline Record
  5. High Commitment to Attend

If your son meets the above criteria, and if you qualify for financial assistance, we encourage you to discuss financial options with us. Please contact the Office of Admission to discuss your particular situation or discuss it at the time of your appointment. Following acceptance, families can complete the online application and remit tax documentation. A careful review of student performance, along with the family’s need as documented, will be assessed by a committee. If an award is determined, notification will be sent by email/letter.

Discounts: In addition to financial assistance, a 10% tuition discount is applied for the following: siblings (second student), alumnus (parent), and active military (parent ID required).  This can be combined with a financial assistance award.

Tuition Credit: If the contract and first payment is received by the May 15th deadline, a $1000 tuition credit will be applied for boarding or $500 for day students.  This can be combined with a financial assistance award.

Deadlines

Applications for financial assistance will be accepted and reviewed in the order of receipt, but early submission is strongly encouraged. Immediately following acceptance or receipt of the contract for re-enrollment, the SSS online application and tax docs should be submitted. To benefit from the May Tuition Credit, please remit both the SSS application and 2016 tax docs by no later than April 28, 2017.

Eligibility

Students must be accepted (new students) or invited to re-enroll before applying for financial assistance. Financial need is determined by the NAIS/SSS application, tax documents, and an internal review. The internal review considers the student’s academic record, school attendance, discipline records, and his commitment to attend the Academy. To receive the full benefit of our program and to ensure that your son can attend the Academy through graduation, we strongly encourage parents to create a long-term financial plan.

Note: Returning families do not need to re-apply for acceptance each year; however, they must re-apply each year for financial assistance.

How to Apply for Financial Aid

Step One: Complete the SSS online application.

The Academy uses the national financial aid standards and guidelines established by the School and Student Service (SSS) system for financial aid. SSS methodology determines what a family might reasonably be expected to contribute toward educational expenses. This formula considers the income, assets, and expenses of both students and parents. The total amount available is divided among all children attending tuition-charging schools. This application is reviewed alongside tax documentation.

Families wishing to be considered for financial aid must submit a Parents’ Financial Statement (PFS) annually online through the SSS system. After acceptance, please the SSS/NAIS Family Portal.  (School Code: 1201)

Step Two: Submit a copy of last year’s official tax return with all schedules.

Parents/Legal Guardians are required to submit a copy of their official Federal Tax return (IRS Form 1040, 1040 A, or 1040 EZ,  with all supplemental schedules and enclosures). Incomplete documents or past tax years will not be considered. Remit taxes directly by email/scan to: jpullen@armyandnavyacademy.org

Step Three:  Consider applying for a loan.

Loans can be combined with financial assistance awards, not to exceed the etotal tuition and expenses. (See tuition and fees)

Your Tuition Solution:
Phone: 800.920.9777
www.yourtuitionsolution.com

Please note:

Our assistance is limited each year and comes directly from our operating budget. Applicants who meet the deadline and all eligibility requirements will be processed for financial assistance. Applications that are remitted after the deadline will be considered only if funds are remaining in the budget.