Financial Aid

Affording Denver Jewish Day School

 

Our Philosophy

Denver Jewish Day School recognizes the unique contribution of each of its families to our Jewish future and understands that investing in a Jewish day school education requires a significant commitment from our families.

As an independent school, Denver JDS relies on tuition as the primary source of its operating income. We do not receive federal or state funding, and tuition covers only 75 percent of the school’s operating budget. As an institution driven by Jewish values, we are committed to fundraising for the additional 25 percent in order to keep tuition as affordable as possible for all families who desire a Jewish day school education for their children. Our Board of Trustees, donors, and the entire community are committed to making this possible.

We encourage all families, even those receiving financial aid, to contribute to these fundraising efforts at a level that makes sense for each individual family.Our robust financial aid program ensures accessibility to a Denver JDS education for 50 percent of our families annually. The academic diversity of our student body is enhanced by the economic diversity preserved through this program. Every family and every student are equally important to the mission of our school.

We encourage you to explore the information provided here, and to reach out to Director of Admission Shayna Friedman at (720) 449-9550 or sfriedman@denverjds.org with any questions you may have about our financial aid program.
 

Will I qualify?

Families often ask, “Will I qualify for aid?” Many are surprised at the depth of our program and the number of families we are able to assist. Please refer to the table below as a general guide.

Our financial aid program is designed to help families fit the cost of a Denver JDS education into their budget when the full amount of tuition does not. A financial aid award reduces the amount of tuition a family will pay; it is not a loan and does not need to be repaid. Financial aid is granted annually and is determined based on defined guidelines established by the Denver JDS Finance Committee and evaluated by a third party called FACTS Tuition Aid. Returning families who receive financial aid are required to reapply every winter for aid for the following school year.
 

When can I apply?

Our financial aid application is run through FACTS, and it is now open. You can submit your application now. The deadline to submit financial aid applications is January 5, 2018. To ensure a smooth processing of your application and avoid unnecessary delays, it is imperative that families complete and submit all applicable parts of the application and submit all required documents online.  
 

Confidentiality

The status of any family’s tuition is completely confidential and is never shared beyond the school’s administrative offices. Financial aid applications are handled by the Department of Admission with input and guidance from the Business Office and the the Head of School/CEO. This information is not shared with teachers or volunteers or any organizations outside of Denver Jewish Day School. Families who participate in the financial aid program are required to maintain confidentiality by not sharing information about overall tuition obligation with anybody, including friends and family members (other than those who may be helping with tuition). Disclosure of this information by a family could result in the revocation of your financial aid package.  
 

Still have more questions? Please visit our FAQs page.

Am I a candidate for financial aid?

There are a few questions you can ask yourself to help determine whether financial aid is right for you.

Am I able to fit the entire amount of tuition into my budget without sacrificing core expenses like housing, vehicles, groceries, clothing, healthcare, and childcare?

If you cannot fit the entire amount of tuition into your budget after core expenses, you should consider financial aid.

Is there discretionary spending currently in my household budget that I could allocate toward tuition?

Financial aid will not be calibrated to discretionary spending and lifestyle choices including, as examples, vacations, housing expenses that exceed 28% of AGI, luxury cars, second homes, or the choice for one parent to stay at home when all children in the family are school aged. Financial aid is calibrated to core expenses, outlined above. Extenuating circumstances may also be considered, and the application includes an open-ended question meant to document those. 

Is there a potential wage earner in our household who is choosing to stay at home?

If there is an adult family member in the household who is choosing to stay at home while children are attending school full time, you may still demonstrate eligibility for financial aid. Income will be imputed into the household income of families with a stay-at-home parent/guardian. This ensures that we are able to be equitable in the application of criteria for financial aid. This will not apply to families who have children under age five that are home or attending an early childhood program part time (three mornings a week or less). It also does not apply to families in which a parent/guardian is in between jobs but actively searching for a job.

Are there family members who plan to help us with tuition?

If you expect to receive a financial contribution toward tuition from a family member, and that contribution added to the amount of tuition you can afford equals the full amount of tuition, then you need not apply for financial aid. However, if between your contribution and an additional contribution from a friend or family member, tuition is still not covered, then you should consider applying for financial aid.