Helping Pay for Tuition
There are many opportunities to help pay a portion of your tuition at Oakhill. From referring Oakhill to friends and family to applying for a private loan, there are a variety of ways to make your tuition dollars go farther.
Here are some of those opportunities:
- Early Pay Discount
- MOST 529 Plan
- FAST Financial Assistance
- Sallie Mae Family Education Loans
Early Pay Discount
Did you know that you can pay your 19-20 Tuition for one or multiple children and receive an early pay discount? If it works for your family to pay one payment by July 15, you can receive a 3% discount off your tuition. Families also have the opportunity to make two payments (July 15 and October 15) and receive a 1.5% discount. Both of these early pay discounts are available on your tuition after the deposit is paid.
We know that great families know great families. Oakhill families are great families who value education. Our hope is that you share Oakhill with people in your lives who value education as much as you do, and we want to reward you for sharing your school!
How it works:
If we enroll a 5 full-day student that your family referred, you will receive a $500 credit on your account! In addition to the $500 credit for a 5 full-day signed contract ($50 per half day enrolled), we will track all referrals this school year rewarding those families with the most contacts which come to fruition.
Click here for more information on Oakhill's referral program.
Making the MOST 529 Plan Work for You
Did you know that you can use the MOST 529 Savings Program towards tuition at Oakhill Day School for kindergarten through eighth-grade?
MOST, Missouri's 529 Savings Program, is a "backup plan" to grants and scholarships, derived from the 529 revenue code. There is no minimum to start a 529 account and families with a 529 plan have the ability to save on taxes.
The best part of the program... there are no age, length of time, or income limitations! You could even open an account for yourself if you have plans to go back to school! And this account is a pre-tax way to cover some of your tuition costs each year that your child is an Oakhill student in kindergarten through eighth-grade.
FAST Financial Assistance
Oakhill awards over $200,000 in financial assistance each school year. Any family may apply and unlike loans, the recipient is not required to pay back these funds. Financial awards are a reduction in tuition fees.
Our Financial Assistance program consists of three steps:
1. Submit a letter of intent.
- Although the Priority Financial Annual Assistance deadline has passed, we will still accept applications. Please contact the Admissions Office with questions.
2. Complete the FAST application online.
3. Mail both your state and federal tax forms from the previous year.
- FAST Processing, ISM
1316 North Union Street
Wilmington, DE 19806-2594
*Oakhill utilizes FAST (Financial Assistance for School Tuition) for the entry, processing, and calculation of financial information used by The Financial Assistance Committee to determine need and recommend award amounts. Awards amounts are subject to the availability of funds.
The K–12 Family Education Loan goes beyond financial aid, personal savings, or traditional payment plans. This program is available for student in private schools and kindergarten through 12th grade.
The K-12 Family Education Loan offers competitive interest rates. There is no application fee or repayment fees, including the ability to pay off your loan early without penalties. The easy online application only takes about 15 minutes to get a credit result. Sallie Mae offers 3-year repayment terms.
For more information on the Sallie Mae K-12 Family Education Loan, visit their website at SallieMae.com/K12.
If you have any questions about these opportunities or would like more information, please don't hesitate to reach out - contact the Admissions Office today!