Admissions3

Tuition and Financial Aid

Financial Aid

The Albany Academies are committed to maintaining a strong, diverse student body in a learning environment rich with cultural, ethnic and economic diversity. With this in mind, we have developed a variety of financing options to help make an Academy education affordable. Our financial aid program exists to attract and assist a diverse and qualified student population, including students who might not otherwise pursue an independent school education.

List of 5 frequently asked questions.

  • Q. How do I apply for financial aid?

    If you are a new family to our school and indicate interest in financial aid on your application, the Admissions Office will send you information regarding the financial aid application. If you would like to request these forms, please contact Admissions at (518) 429-2348 or admissions@albanyacademies.org.
     
    Returning students receiving financial aid will automatically be sent the necessary forms in January. Returning students not currently receiving financial aid who wish to apply for aid must request forms directly from the Admissions Office.
     
    You may submit the Parent's Financial Statement (PFS) online at https://www.solutionsbysss.com. Please note that the Academies code is 1162. For assistance, please contact the SSS Helpline at (800) 344-8328.
     
    In addition, parents will have the opportunity to upload required supporting documents (Federal tax returns and W2s) when they complete the Parent Financial Statement. Final decisions by the Financial Aid Committee will be based on the most recent year’s data.  Please contact the Admissions Office with questions about supporting documents.
  • Q. How is financial aid determined?

    We require that both natural parents contribute to the cost of education to the full extent of their ability and cannot be bound by the assertion that one parent has disclaimed responsibility for educational expenses. The non-custodial parent must complete a Parent Financial Statement through SSS unless that person's location is unknown or he/she has had no contact with the child for at least two years. The non-custodial parent must also submit his or her current federal and state tax forms, supporting schedules, and W-2s. The custodial parent submits a PFS form as previously noted. We assure complete confidentiality. The cooperation of both parents is required before financial aid awards are determined.”
  • Q. How do I apply for financial aid if I am divorced or have never married?

    We require that both natural parents contribute to the cost of education to the full extent of their ability and cannot be bound by the assertion that one parent has disclaimed responsibility for educational expenses. The non-custodial parent must complete a Financial Statement for Parents who are Separated or Divorced and submit it directly to the Director of Financial Aid unless that person's location is unknown or he/she has had no contact with the child for at least two years. The non-custodial parent must also submit his or her current federal and state tax forms, supporting schedules, and W-2s. The custodial parent submits a PFS form as previously noted. We assure complete confidentiality. The cooperation of both parents is required before Financial Aid awards are determined.

  • Q. When do I apply for financial aid? When are awards made?

    Send your PFS form through SSS as early as possible in the calendar year for which you are applying. Preference is given to applications received by the February 15 deadline. Awards for new students are made after February 15 in conjunction with the admissions decision and continue thereafter as the budget permits.
  • Q. Will my child receive aid in subsequent years?

    Financial aid awards are renewable for subsequent years, as long as the demonstrated need continues, the student remains in good standing, and the funds are available. Applications for financial aid must be submitted annually by the published deadline.

Tuition Includes:

  • Early Bird Program -- Students may arrive on campus at 7:15 a.m. for the Early Bird Program, which provides adult supervision and age-appropriate activities.

  • Textbooks -- Student textbooks are provided by the student's home school district in accordance with their textbook policy. Once a student is enrolled, The Albany Academies' Registrar's Office will send a textbook list to the parents to sign the form and send it to their child’s home school district.

Please note that there will be a $500 dining fee per student (non-optional). Foodservice provides a healthy, nutritious morning snack and lunch every day that includes a hot lunch menu, salad bar, deli bar, and fresh fruit.

In accordance with New York State law, a student's home school district must provide transportation to and from school within a 15-mile radius. Families should call their local school district transportation department to make bus arrangements.

Payment Options

Listed below are several payment options available to families. If you have any additional questions, please contact the Business Office by calling (518) 429-2300 or admissions@albanyacademies.org.
  • Single Payment: Offered for full payment by August 1
  • Two Payments: Two convenient payments – August 1 and December 1
  • Up to Ten Payments: Low annual fee, no interest, no credit review, no prepayment penalty, Automatic life benefit coverage, convenient monthly payments through TuitionPay administered by SMART.

2021-2022 Rates

List of 7 items.

  • Early Childhood

    Preschool,
    PreK & K..........................$14,175

  • Lower School

    Grades 1-4...........................$17,850

  • Middle School

    Grades 5-8........................... $21,000
     
  • Upper School

    Grades 9-12 (PG)................. $24,150

  • International

    $39,000
  • Additional Expenses

    • Transportation -- A private busing program is available to families in Columbia, Greene, and Saratoga Counties.
    • Extended Day Program -- We provide an Extended Day Program from 3:30-5:30 p.m. on each campus.
    • Lunch program - $400/yr
    To learn more, please contact CFO Vivian Benton at bentonv@albanyacademies.org.
  • Tuition Deposit

    To enroll a student and secure his space at The Albany Academy, a $1,000 non-refundable tuition deposit is required along with a signed enrollment contract. This payment will be applied to the tuition balance.

The Albany Academy

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