Please Note: Financial aid applications for the 2023–2024 school year received by March 3, 2023 are given preference. Applications submitted after this date are reviewed on a rolling basis in consideration of any remaining funds.
OVERVIEW
Many Rivers Montessori values an economically diverse student body and welcomes the opportunity to provide financial support to families who need assistance to send their children to our school. The criterion for a family receiving a financial aid award is demonstrated financial need. The school expects families to recognize their children’s education as a priority expense and to finance it to the extent that they can.
MRM uses TADS to process financial aid applications. TADS is the online platform Many Rivers also uses to manage applications and student enrollment. Based on financial information that families provide, TADS provides MRM with an estimated amount that a family can contribute to educational expenses. This information is the basis for the school making fair and equitable financial aid decisions.
The TADS financial aid application link is distinct from the admissions application link. To start the financial aid application process, use this link: https://sssandtadsfa.force.com/familyportal/familylogin and partner code 200520.
TADS now charges a $60 financial aid application fee. This fee may be credited back to the family by Many Rivers when certain income thresholds are met.
The MRM need-based financial aid program operates with a relatively modest budget. The maximum award generally available to any qualifying family at the Children’s House and Elementary levels is 60% of the school year tuition for a single student, with somewhat larger awards potentially available to Middle School families. The financial aid program is primarily directed to students entering Kindergarten through eighth grade, though in some instances families with a three- or four-year-old student entering our Children’s House program may be eligible for an award. With the exception of families earning under 175% of the federal poverty rate, MRM awards are not available for students in the Toddler program.
In addition to Many Rivers' core need-based financial aid program, there are some other options that may be available to families:
MRM is approved for CCAP (Child Care Assistance Program) funding, from the Toddler years until a child enters kindergarten.
At the Toddler and Children's House levels, larger awards may be available to families who earn less than 175% of the federal poverty rate.
To begin the financial aid application process, use the financial aid tab within TADS. Be prepared to reference and upload these forms for all guardians for 2021 (required) and 2022 (if you wish MRM to take any 2022 income changes into consideration):
Federal 1040 with all filed schedules and attachments
State tax return with all filed schedules and attachments
W2’s
1099’s
Mortgage Statement, if applicable
Please contact the school at 218-464-5570 with any questions.