At St. Timothy’s, we believe that the primary responsibility for financing education lies with the family. However, St. Timothy’s recognizes that not all of the students interested in attending our school may be able to afford the full cost of a St. Timothy’s education. To assist families in financing a St. Timothy’s education, we offer two types of aid: need-based aid and scholarships. Need-based aid is awarded to families who demonstrate financial need. Our financial aid program helps to bridge the gap between what a family can afford to pay and the cost of tuition at St. Timothy’s. No two families are alike financially, so we offer the opportunity to meet with individuals to discuss how they can afford a St. Timothy’s School education for their daughter.

Determining Financial Need
To determine eligibility, each family must submit a Parent Financial Statement (PFS) to School and Student Services (SSS). PFS forms are available online starting October 2nd at http://sss.nais.org/parents. SSS is used by most K-12 schools to help determine a family’s ability to pay school costs. Using SSS in the financial aid application process helps to ensure that schools employ the same methods and objective baseline when evaluating a family’s financial aid application. SSS applies information provided in the PFS to a formula which calculates the resources families have available to fund their children’s education.

The formula takes into account a family’s taxable and non-taxable income, assets, liabilities, family size, and the number of students in tuition-charging schools or colleges. After allowances for basic necessities, taxes, and other expenses, a portion of the remaining funds is considered available for paying school costs. The financial aid committee at St. Timothy’s uses the SSS calculation of expected family contribution as a starting point in making need-based awards. In conjunction with the SSS calculation, St. Timothy’s uses its own methodology to determine the final financial aid award.


Timeline – Notification of Awards
Assuming admission and financial aid applications are complete by the December 15th deadline, accepted day student applicants can expect to receive their financial aid awards on February 15th. Accepted boarding student applicants can expect to receive their financial aid awards on March 8th.  After the December 15th deadline, requests for financial aid are considered on a first-come, first-served basis, contingent upon the availability of funds.


Payment Options
Families often find it helpful to use a plan that allows them to pay tuition in a series of smaller, monthly installments. The FACTS tuition payment plan is available for families who do not qualify for financial aid and for families who may prefer a payment plan for their tuition balance once financial aid has been determined. For information about payment plans, please contact the Business Office at 410·486·7400 ext. 3062.

Families who participate in the FACTS tuition payment plan are required to purchase Tuition Refund Insurance. More information about tuition refund insurance can be found here.

Financial Aid Application Procedure/Checklist

List of 5 items.

Financial Aid FAQ

List of 3 frequently asked questions.

  • Q What if tax information is not available at the time of the application?

    St. Timothy’s requires families to submit 2017 Federal Income Tax returns to SSS. Please estimate your 2018 tax information to complete the PFS form. Initial computations will be done using your estimated figures. Final action on a family’s financial aid award will not be completed until the 2018 Federal Income Tax returns have been submitted to SSS. Initial computations will be adjusted up or down if necessary to reflect the information contained in the 2018 returns.
  • Q What if parents are divorced, separated, or have never married?

    The philosophy at St. Timothy’s is that both parents have an obligation to pay for the educational expenses of their children. In order for a family’s financial aid application to be complete, both living parents must submit financial aid information.

    In order to waive the pfs requirement for a non-custodial parent, information must be submitted from a doctor, lawyer, clergy member, or school counselor clearly stating the non-custodial parent’s personal and financial relationship with the applicant.

    If either parent is remarried, the step-parent must submit financial information, but the financial aid committee will bear in mind the obligation of that step-parent to his or her own natural children.
  • Q Who is eligible to apply for financial aid?

    All families are eligible to apply for financial aid. While financial aid is typically reserved for United States citizens, international students may apply for and receive financial aid on a limited, case-by-case basis.
Chartered in 1832, St. Timothy's School is a private boarding and day school for girls in grades 9 through 12, located in Stevenson, Maryland. St. Timothy's offers the world-renowned International Baccalaureate Diploma Program (DP) for grades 11 and 12, and Middle Years Program (MYP) for grades 9 and 10.