Financial Assistance Scenarios
The following are examples that illustrate the breadth of financial circumstances that may impact the financial assistance we offer.
Scenario 1
An applicant to Upper School lives with their single grandmother and sibling in a home that was given to them. They have no family savings and grandmother’s annual income from Social Security is approximately $24,000.
| Total cost of attendance | $40,607 (tuition and fees*) |
| Expected family contribution | $2,030 |
| Financial need | $38,577 |
| Total assistance offered | $38,577 |
Scenario 2
A household consists of one student in Lower School, one student in Middle School and two parents. The parents own their home. One parent runs their own business and the other parent works outside the home. Combined they have an annual income of $200,000. They have savings and other investments of $650,000.
| Total cost of attendance | $76,531 (tuition and fees* for both students) |
| Expected family contribution | $53,892 |
| Financial need | $22,639 |
| Total assistance offered | $22,639 |
Scenario 3
A Middle School applicant lives with both parents and younger twin siblings. Both parents are teachers and the family owns their home. The applicant will be the only child in a tuition charging school. The family annual income is $140,000 and they have about $24,000 in savings.
| Total cost of attendance | $39,233 (tuition and fees*) |
| Expected family contribution | $12,837 |
| Financial need | $26,396 |
| Total assistance offered | $26,396 |
Scenario 4
A pre-kindergarten applicant lives with both parents and one younger sibling. One parent works outside the home and one parent is at home caring for the children. The family rents their home. The family annual income is $95,000 and they have about $4,000 in savings.
| Total cost of attendance | $20,712 (tuition and fees*) |
| Expected family contribution | $4,000 |
| Financial need | $16,712 |
| Total assistance offered | $16,712 |
* Total cost for each student may vary depending on participation in activities, required school supplies and other factors. Blake awards financial assistance at 100% of family need up to a maximum award of 95% of tuition.