Tuition Information for 2017–18
The day student cost is $23,080 (includes tuition, books, lunches, and special meals).
The boarding student cost is $46,200 (includes tuition, books, and room and board).
There is an additional student activities fee of $350 and a guarantee fee of $200. Seniors pay a graduation fee of $100.
Financial aid awards are made on the basis of demonstrated financial need. Established need is determined through the Parents Financial Statement (PFS) provided by the School Scholarship Service. Application for financial aid is made through the Office of Admissions.
Academic Scholarships and Financial Aid
Salem Academy has a limited number of academic scholarships to be awarded each year. Students are automatically considered for these scholarships when they make application to Salem Academy. There is no separate form to complete in advance. Scholarships are based on a student’s academic record, her standardized (SSAT) test scores and her activities.
The primary responsibility for financing one’s education rests with the student’s family. We realize the various financial demands that families face today, and we will work closely with each family to find the best possible solution.
In order to be considered for need-based financial aid, your family will need to complete the Parent Financial Statement (PFS) through School and Student Service for Financial Aid (SSS). The PFS form can be found online. Our school code for SSS is 7048.
You must also send a copy of your 2016 tax return to the Office of Admissions at Salem Academy or upload them to SSS. Upon receipt of both of these items, the Financial Aid Committee will evaluate the needs of your family and make a financial aid award. Financial aid is awarded on a first come first served basis. Financial aid awards are reevaluated each year. Each family must file a new PFS form each spring.
- Salem Academy Monthly Payment Plan (Administered through Tuition Management Systems)
- Monthly payments
- Pay by bank draft or credit card
- One-time set-up charge
- Online application and monitoring
- Sallie Mae (SLM Corporation)
Financial aid awards are made after a student has been accepted. A limited number of academic merit scholarships are also awarded on a competitive basis. Read additional information about payment methods here.