Financial Aid
Application Deadline
- Online Application with 2024 Tax Return (including all schedules): January 5
- 2025 W2s: January 30 (or as soon as available)
- 2025 Tax Returns: April 30 (to confirm award)
Financial aid awards will be announced no later than
February 25 assuming all application materials have been submitted by the deadline.
Tuition MAX: If you meet the criteria below, your family tuition will be capped based on income even if the financial aid calculations result in a higher obligation.
There is no separate application and all families will be reviewed for eligibility.Criteria for capped tuition under “Tuition MAX”:
- Your Adjusted Gross Income (AGI) is between $150,000 and $300,000 (line 11 on the 2024 IRS Form 1040)
- You have no business or self employment income
- You have less than $500,000 in liquid assets (excluding home equity)
- You do not have schedule C or E income
Capped family (all children) tuition based on eligible AGI:
$150,000-199,999: 15% (or $22,500 to $30,000)
$200,000-224,999 16% ($32,000 to $36,000)
$225,000-274,999 17% ($38,250 to $46,750)
$275,000-300,000 18%($49,500 to $54,000)
The Greater MetroWest Jewish Day School Affordability Initiative (“Tuition MAX”) was created to ensure the total cost of tuition does not exceed 18% of a family’s adjusted gross income when they meet the program's requirements.
Contact
financialaid@goldaochacademy.org with questions.