Tuition & Affordability
We recognize that an independent school education is a significant financial investment, and Forest Ridge is dedicated to creating access for students admitted to our school from a wide range of financial circumstances. If paying full tuition is unrealistic for your family, we encourage you to apply for Financial Aid. Last year, Forest Ridge awarded over $2.2 million in financial aid to 30% of our families.
Tuition & Fees
Tuition for the 2024-2025 school year is as follows:
- Middle School: $44,365
- Upper School: $44,795
Note: Tuition is set annually by the Board of Trustees, and families can expect a yearly rise of 2-8%. Enrollment contracts also include a tuition refund insurance plan, as well as a yearly technology fee which provides students with a required device and on-campus tech support.
Affording Forest Ridge
Our financial aid program is designed to make a Forest Ridge education possible for all accepted students based on demonstrated financial need and availability of funds. Financial aid awards are an actual reduction of the cost of tuition and range from $3,200 to $41,970.
If a Forest Ridge education feels out of reach based on your family's financial situation, we encourage you to submit a financial aid application. As illustrated by the family financial scenarios below, there are a wide range of families who quality for financial aid awards, as we consider many factors when calculating each family's tuition contribution amount, including assets, income, expenses, and debts. Based on the information provided, Forest Ridge will calculate a tuition contribution amount. Families will receive an estimate of their yearly tuition contribution along with their admission decision.
Join us for our financial aid webinar, Navigating the Financial Aid Application Process
Thursday, December 5 at 6:30 p.m. on Zoom
Family Profiles: Tuition Contribution Scenarios
Student A
A family of six, with one working parent earning a salary of $234,000. The family has daycare expenses for a younger sibling totaling $14,000 per year. The family owns a home that is currently valued at $1.7M*. They own two older cars and have $100,000 in investments with minimal credit card and no other debt. Their Forest Ridge tuition price is $34,500, representing about 78% of full-priced tuition.
Student B
A single-parent household of three, with one child in tuition-charging school. The parent earns $68,000 in income, has a student loan of $40,000 and pays $30,000 in yearly rent on their apartment. The family owns one vehicle and has minimal savings. Their Forest Ridge tuition price is $3,000, representing approximately 7% of full-priced tuition.
Student C
A family of 4, with one working parent that earns a salary of $260,000 per year. The family has two children in tuition paying schools. They own a primary residence $1M and two additional properties, valued between $600,000 and $1.5M, two family cars, and a retirement savings account of about $900,000*. This family does not qualify for need-based financial aid and would pay 100% of full-priced tuition.
Student D
Both parents work and earn a combined salary of $180,000. The family owns a primary residence valued at $700,000 and 529s investment account with balance of $30,000*. The family has one child in tuition paying school and a younger sibling in childcare. Their Forest Ridge tuition price is $20,500, presenting 46% of full-priced tuition.
*Primary home equity is excluded from calculation
Applying for Financial Aid
Forest Ridge uses the Clarity Application to determine a family’s level of financial need. Clarity offers a streamlined application process that takes less than thirty minutes to complete on a mobile phone, tablet, or desktop computer. Each family’s 2023 tax forms (the 1040 and W2) will transfer automatically from the IRS. Additional documents may be required.
Financial aid applications are due by December 31, 2024 for current families and January 16, 2025 for new families.
Though they are separate, financial aid awards will be communicated concurrently with our admission decision. Any financial aid awards will be included on enrollment contracts for accepted students.
Click here to begin your family's financial aid application.
Fulcrum Foundation Financial Assistance
All current and prospective Forest Ridge families are invited to apply for financial assistance through the Fulcrum Foundation, which increases access to Catholic schools by providing tuition assistance grants based on family income and circumstances. Please complete applications by the December 31, 2024 deadline to be considered.