AOA Affordability

List of 7 frequently asked questions.

• Q: How do I know if my family qualifies?

  The basic formula that guides a financial assistance award is:
  Tuition - Expected Family Contribution (EFC) = AOA Financial Assistance Award

• Q: What are the considerations for special situations?

  If parents are separated or divorced, both parents must complete the PFS and submit all required documentation to SSS.
   
  If a parent files as a single parent and the whereabouts of the non-custodial parent are unknown, a written statement from an attorney, pastor/minister, or other appropriate third party official is needed stating that the child has had no contact with the non-custodial parent for a minimum of two years. The statement must be submitted to the Office of Admission at Andrews Osborne Academy.
   
  If the child files a tax return, a copy must be submitted to SSS.

• Q: What can a family expect from year to year?

  Aid is awarded annually and for one year at a time. All aid recipients must repeat the full application process each year. If a family does not meet the deadlines or follow all the steps correctly, they may not be funded.

• Q: What documents are required in addition to the PFS?

  • 2020 1040 with all schedules and worksheets 
    (Self-Employed Parents: Include ALL related business forms with your 1040 - Schedule C, Schedule E, 1120, 1065, and K-1)
  • 2020 W2 Form
  • 2020 1099 Form (if applicable)

• Q: How is an Expected Family Contribution calculated?

  We take into consideration a family’s unique financial situation which includes these major components:
  
  ·    Income
  ·    Assets – savings
  ·    Taxes paid
  ·    Family Size
  ·    Number of Students attending a tuition-charging institution
  ·    Cost of Living
  ·    Unusual Expenses

• Q: Does Andrews Osborne Academy have a loan program?

  Yes, Andrews Osborne Academy works with Tuition Solution, an education loan company which offers convenient financing for your child’s education. To apply or calculate payments, please visit tuition solution. You can also call (800) 920-9777 or email info@yourtuitionsolution.com.

• Q: How do I submit the required tax documents?

  • • Prepare your document files for uploading. Make sure the documents are on your computer and each specific form is saved as a separate file. Examples: a) 1 PDF file for the 1040 with all schedules and worksheets included, b) each W2 saved as its own file. Remove any security or password protection from your files.
    • Return to your Family Portal account and confirm you are on the Academic Year 2022-23 Dashboard.
    • In the “Required Documents” section, use the Upload button or link associated with the specific document type. Follow prompts to locate, select, and confirm the file to upload.
    • Click the Submit button to complete your upload. The date will appear in the “Date Uploaded” column within minutes of the upload. Repeat this process until all required documents are submitted by their deadlines.
    • Mailing in Documents: If you prefer to submit required documents by mail, you must print your Cover Sheet from within your family portal and send it with your documents to the address it provides.