Tuition & Financial Assistance
My son was talking to a friend from his former school and I overheard him say “my school is AWESOME!” I had never heard him use the words 'school' and 'awesome' in the same sentence before. – an Oakwood Parent
Education is an investment in the future – your child’s future.
We understand and appreciate that many of our families had never imagined their child would require an independent school education, especially one as highly specialized as Oakwood. We are committed to making an Oakwood education accessible to as many students as possible by offering financial aid and payment options. If you are interested in Oakwood as an option for your child, we encourage you to contact our Admissions Office with any questions you may have.
Oakwood School Annual Tuition 2019 - 2020
$38, 450 (Semi-Annual Payment Plan Cost)
Additional Fees: $800 (These fees include Technology, Student Activities, and Enrollment. )
For additional information, please read Oakwood School Financial Policies and Procedures.
Tuition Payment Information
Annual Payment Plan: A single payment, due on June 1 in advance of the school term. A $1000 early payment credit applies to this option.
Semi-Annual Payment Plan: Two tuition payments, one of 50% due on June 1 and one of 50% due on December 1.
Monthly Payment Plan: Nine tuition payments, due June 1 - February 1. A 2.5% processing fee applies.
Private Education Financial Assistance
Oakwood School is committed to making an Oakwood education accessible to as many students as possible.
Oakwood’s Financial Aid Committee awards grants based upon careful review of each family’s FACTS Assessment Application and all supporting documentation. As a result, Tuition Assistance awards reflect each family’s unique circumstances. The awards vary in size and are made for only one year at a time. All financial information provided by families is kept strictly confidential.
Admissions decisions and tuition assistance decisions are made independently. All prospective families should submit their Admissions Application to the Admissions Department. Those families in need of financial aid should submit their Tuition Assistance Application online through the FACTS Assessment. The Tuition Assistance Application may be submitted at the same time or after the Admissions Application.
In addition to the following guidelines, please take a moment to review the Tuition Assistance Policies & Procedures before you submit your application. For more detailed directions about the FACTS Assessment Application, please see the FACTS Parent User Guide. If you have any other questions about the process, please contact the Financial Aid Committee at firstname.lastname@example.org.
What you need to start:
- W-2 Wage and Tax Statements
- Most recent Federal 1040 or 1040A
- Copies of all supporting tax schedules
Time to complete: If you have all of the documents ready, it should only take 20-45 minutes to complete the application.
You will also need these items for filling:
- Year-End statement from your mortgage holder
- Bank Statements
- Brokerage Statements
- Insurance costs for home, life, auto, and health
- Utility information
- Medical records and expenses
- Retirement Account information
- IRS Forms
Cost: $35 application fee paid online directly to FACTS.
The 2020-2021 FACTS Assessment Application will be available January 2020.
Tax Deduction - The Internal Revenue Service (IRS) may allow deductions for some of the services provided to children diagnosed as learning disabled. Check with your tax attorney or accountant about these deductions.
Virginia529 Saving Plan - Changes to the Internal Revenue Code as part of the Tax Cut and Jobs Act may allow you to pay a portion of your child’s tuition using money from a Virginia529 Saving Plan. To learn more about this, please click here to read this article. For more specific details, please contact your financial advisor.
Employer Benefit Program - There are private companies, corporations, and national and international agencies with benefit plans that help pay for independent or special-needs education and services for children of qualifying employees. Check to see if your employer’s human resources office has such a plan.