Summit endowment gains $2.8 million in new scholarships

Summit endowment gains $2.8 million in new scholarships

Students who received merit and endowed scholarships at The Summit for the 2017-18 school year gather for photo after the award ceremony.

The Summit Country Day School awarded $3.9 million in financial aid and scholarships for the current school year thanks to a $2.8 million increase in the school’s endowment.

Philanthropic gifts to the school’s recent Aiming Higher campaign created 24 newly endowed scholarships. “Because multi-year pledges are continuing to accumulate, we expect more newly endowed scholarships will be available by March when the 2018-19 awards are made,” said Chief Philanthropy Executive Jim Jackson. The Summit’s Angel Donor benefactors offer more than 75 need-based tuition assistance grants for qualifying students from age 3 to grade 12.

Key scholarship, financial aid and admission deadlines are approaching:

Dec. 6: Admission application deadline, tuition assistance and merit scholarship essay deadline for students entering grade nine (Students who complete this essay are also considered for endowed scholarships).

Dec. 15: Early action application for admission and tuition assistance deadline for students entering Toddler Programs, grades 1-8 and 10-12.

Feb. 15: Regular decision application admission and tuition assistance deadline for students entering Toddler Programs, grades 1-8 and 10-12.

December through May: Montessori applications for the 3-6 Year Old Programs accepted on a rolling admission basis, space permitting.

Feb. 15: Tuition assistance deadline for students applying to 3-6 Year Old Program.

The Summit strongly encourages new families applying for tuition assistance to adhere to the deadlines. Tuition assistance applications will be accepted after Feb. 15 if funds are available. When new applications exceed the availability of funds, it is sometimes necessary to be placed in a waiting pool for tuition assistance.

“Scholarships and tuition assistance have helped us attract very gifted students,” said Kelley Schiess, Assistant Head of School for Enrollment Management and Special Projects. “Many parents are surprised by how affordable The Summit can be or how diverse our school is in terms of socio-economics, multiculturalism and faith.”  

Consider these facts about this year’s student body:

  • 41 school districts and 24 countries are represented.
  • 28 percent of all students are multicultural.
  • 35 percent of new students in 2017-18 are multicultural.
  • 37 percent of all students receive need-based tuition assistance.
  • 45 percent of all students receive some form of tuition assistance, merit and or endowed scholarships.

“A recent opinion poll indicated that most American parents would select a private school for their children if they were given the opportunity to choose whatever kind of school they could,” said Head of School Rich Wilson. “Our endowment and Angel Donor program can provide that opportunity. An investment here makes college more affordable. Every year, our graduates receive millions in merit scholarship offers, acceptance into top-tier colleges and universities and college credit from Advanced Placement classes. We turn what could be an ordinary school experience into something quite extraordinary.”

Find key dates for visits, details on affordability and application requirements at www.summitcds.org/admission.

Visit The Summit

Upcoming admission events include:

  • Oct. 26: Parent Preview Day, Montessori preschool through grade eight.
  • Nov. 9:  Parent Preview Day, Montessori preschool through grade eight.
  • Nov. 16: Open House, Upper School.  
  • Jan. 30: Parent Preview Day, grades one through eight.