“Access, Achievement, and Affordability are the three goals of the Taft Financial Aid office. Although most students receiving financial aid likely overlap in multiple categories, the “AAA” definition is the simplest way to categorize how our office allocates aid. Access in financial aid means providing enrollment opportunities to talented students for whom the resources of a Taft education and diploma can truly be life changing.”
Michael Hoffman
Director, Financial Aid
Taft subscribes to the School and Student Services (SSS). Run by Community Brands, SSS is dedicated to helping families navigate the path to an independent school education.
Working though the SSS website, families will complete and submit a “Parents’ Financial Statement” (PFS). Taft also requires a complete tax return from the prior filing year—schedules included. Additionally, families need to upload copies of all parent W2 and 1099 forms from the most current filing year. Submitting business tax returns (K-1) may be required for families who own their own businesses. As with the PFS, these supporting documentation must also be submitted through the SSS website.
Financial Aid Awards for US Students Enrolled in 2022 |
Family Income (Boarding Students) |
# of Awards |
Average Award |
Average Tuition |
Above $300,000 |
17 |
$38,000 |
$31,600 |
$200,000—$299,999 |
13 |
$46,550 |
$23,050 |
$100,000—$199,999 |
28 |
$58,500 |
$11,100 |
Below $100,000 |
43 |
$67,150 |
$2,450 |
Family Income (Day Students) |
# of Awards |
Average Award |
Average Tuition |
Above $300,000 |
14 |
$18,500 |
$33,200 |
$200,000—$299,999 |
9 |
$36,500 |
$15,200 |
$100,000—199,999 |
16 |
$39,000 |
$12,700 |
Below $100,000 |
14 |
$45,300 |
$6,400 |
*Family income, family size, and the number of students in tuition-charging schools are all considered in awarding aid.
In addition to the awards reflected in the table above, 7 faculty/staff children receive a $51,700 tuition remission benefit, and 44 international boarding students receive an average award of $62,000.