Financial Aid
Admiral Farragut Academy is committed to attracting a diverse and talented student body of motivated, talented students of strong character, regardless of their family's ability to pay. We strive to help those families with financial aid that are willing to assume as much responsibility as possible for tuition and fees. We believe the primary responsibility for financing a child's education rests with the family, and as such, we look to them first to finance educational expenses to the extent their resources will allow. We strongly believe that the cost of tuition should not deter you from considering Admiral Farragut Academy for your child.
To assist families in managing expenses we offer options such as monthly payment plans and loans, and the option to apply for additional need-based assistance. However, as a result of our limited budget, each year we have more families who qualify for assistance than we are able to fund.
Financial aid is awarded on a yearly basis. Families must re-apply for financial aid each year. The amount of money awarded is not guaranteed and may differ from year to year, based on need and availability of funds.
Need-Based Aid
Requests for need-based financial assistance are considered only after a student has received a letter of acceptance from the school and completed the steps below. All required paperwork for the financial aid process must be submitted through the School and Student Services (SSS) with the National Association of Independent Schools (NAIS) by March 15th each year in order to be considered for award. Completed files will be reviewed in the order in which they are received.
Current AFA families will be given priority consideration for assistance. Awards will be made contingent on good financial standing. Awards will be revoked should the account balance not be satisfied by the end of the academic year.
The award calculated by SSS is only a recommendation and does not necessarily represent the amount the family will be awarded. The AFA financial aid committee will discuss and decide on the amount awarded. Please note that it can take four to six weeks for AFA to receive the recommendation report from SSS. Once a decision is made the family will be notified by letter from AFA with the actual award. Due to the continuing increase in financial aid requests the committee's philosophy is to "spread the funds" and help as many families as possible.
From the NAIS Financial Aid Website you may begin to fill out the Parents' Financial Statement (PFS) online (or you may choose to fill out a paper version that a school has provided you). Based on the information you provide in the PFS, SSS will provide schools an estimated amount that your family can contribute to educational expenses. This helps schools make fair and objective financial aid decisions. Each school makes its own decisions, but uses SSS's calcuations as a starting point.
- Go to sss.nais.org
- Open and complete the "Parent Financial Statement" (PFS) using information available to you at the time and/or estimates
- School Code for Admiral Farragut Academy is: 1100
- Pay processing fee
- Send a copy of the following to Admiral Farragut Academy: 2011 IRS Form 1040 with all supporting schedules, corporate and or business/farm statements where applicable.
- * If the 2011 IRS Form 1040 is not complete, do not hold up the process. Provide the W2, if applicable, and/or other documentation and follow up with the 1040 when it is complete.
- NOTE: A PFS and processing fee is required to be completed and submitted to SSS by each party if there is a non-custodial, divorced or separated parent. Tax return copies from each party must be sent to AFA.
- NOTE 2: If you do not have access to a computer, please contact the Admissions office for assistance.
Contact Tony Pemble at 727-384-5503 with questions regarding the financial aid process.
Florida Resident Scholarships
McKayScholarship.com was created out of love and concern for children with learning disabilities and their families. Secondly, it was created partly out of frustration at the lack of information available to parents to be able to make an informed decision about where their child will attend school.
Step Up For Students is an initiative of the Florida Tax Credit (FTC) Scholarship Program. The innovative program provides K-12 education scholarships for qualifying low-income students who are entering kindergarten through fifth grade OR who attended public school the previous year. The scholarships give low-income parents the opportunity to choose the K-12 school that best meets their children's needs. The scholarships cover up to a projected $4,335 for private school tuition and books or up to $500 in transportation costs to an out-of-district public school.
Loans
Sometimes financial assistance is not enough and families research the possibility of applying for a student loan. Below are links to lending institutions that offer low interest student loans for secondary school students. Admiral Farragut Academy receives no considerations (monetary or otherwise) from these or any other lending institutions.
prepGATE is a K-12 Education Loan Program
Your Tuition Solution is the education loan families have turned to at over 2,400 private K-12 schools nationwide. Schools choose Your Tuition Solution to provide a full range of convenient and flexible payment options for their families.
Want to know more?
Financial Assistance Frequently Asked Questions
These scholarships will not cover the full amount of tuition. Please see our Tuition & Fees.
