Financial Aid & Scholarships
As the cost of a college education climbs, financial aid has become a critical component in the decision-making process for many Trinity Valley School families. Our counseling staff is experienced with families whose financial circumstances play a role in college search and selection.
The TVS College Counseling Office, in partnership with other private schools in the Dallas-Fort Worth Metroplex, hosts a financial aid night for families each October.
It is important to note that families who receive financial aid at Trinity Valley School may not qualify for financial aid in college. Conversely, families who do not qualify for financial aid at TVS may qualify for need-based or merit-based aid at the college level. It is crucial to thoroughly research the policies, procedures, and deadlines for the institutions to which students intend to apply. Some financial aid paperwork is due when early college applications are due in November of senior year.
We advise parents to discuss important financial considerations with their child before embarking on the college search. When visiting college campuses, we recommend that families arrange to meet with a financial aid officer if they have specific questions.
- CSS PROFILE
- FAFSA (Free Application for Federal Student Aid)
- Institutional Aid
- Meeting 100 Percent of Demonstrated Need
- Merit-Based Aid ("Scholarships")
- Need Aware or Need Sensitive
- Need-Based Aid
- Need Blind
- Net Price Calculator
- Private Scholarships & Fellowships
An additional financial aid application required by many private colleges, particularly selective private colleges. The CSS PROFILE determines eligibility for non-government aid, such as the institution's own grants, loans, and scholarships. Uses institutional methodology (income and assets like home equity and retirement accounts) to determine a family’s financial need. Students must re-apply every year using the CSS PROFILE forms.
Application for federally-funded need-based aid. Determines the amount the government is expected to contribute in the form of grants, work study, and loans. Required by every institution if applying for need-based financial aid. Uses federal methodology (income) to determine a family’s financial need. Students must re-apply for need-based financial aid every year using the FAFSA forms.
Some colleges will meet 100 percent of demonstrated need through a package of grants, loans, and work study. Schools that do not meet full need will "gap" admitted students, meaning there is a gap between the total cost of attendance and the financial aid package being offered by the college. It is generally expected that families will take out additional loans to cover the financial gap. A student’s financial aid package may appear larger in terms of dollar amount, but if the college does not meet 100% of need, “gapping” can make that college more expensive than a college whose aid package is smaller by dollar amount, but meets full or close to full need.
Financial aid based solely on the demonstrated financial need of the family as determined by tax documents, assets, etc. Factors such as grades, test scores, leadership, or athletic ability have no bearing. It is important to note that many colleges – particularly those that are most selective – offer need-based funding only.
Many colleges render their admission decisions without any regard to the student family’s financial circumstances as they make all decisions with no awareness of whether a student has applied for financial aid. This may not apply to international, transfer, or wait-listed students. A small number of colleges in the U.S. have managed to remain need-blind and still meet full demonstrated need.