Applying for Financial Aid

Tuition for the 2025-2026 academic year has been set by the Board of Trustees at $25,610. Books and supplies are not included. Each year a separate student fee is required and varies per year ($575 in 2025-2026 academic year).

Financial aid is awarded based on demonstrated need. Our goal is to maintain a student population rich in talent and diverse in culture, without regard to financial resources. Financial aid is not a loan; no repayment is required.

Application instructions:

Setup an account at fairapp.com
When prompted, supply the following:
School code: 169
School password: fps169
Complete the application
Pay the fee: $35 (Visa or Mastercard)
Submit your federal tax return with all schedules, W-2’s and most recent paystubs. You may submit them; Via upload on the FAIR website after you have completed your application OR Mail copies to the address below.
FAIR, Inc.
P.O. Box 211423
Eagan, MN 55121

Last year, Fordham Prep awarded over $6 million in financial support to 48% of our student body.

For prospective students in the Class of 2030, our separate financial aid application is due no later than Friday, December 5, 2025.

The Financial Aid process is confidential. Families are required to complete an application each year and send supporting documents to FAIR (Financial Aid Independent Review), an outside organization that provides analysis and recommendations to our Financial Aid Committee. Supporting documents include the most recent federal tax return and schedules, as well as W-2 forms and current paystubs. No family will be eligible to receive financial aid until the application is completed.

Families of Prospective Freshman for the Class of 2030 (entering September 2026):

Apply between September 1, 2025 and December 5, 2025. Use 2024 Federal Tax Return.
Responses will be communicated with your admissions decision provided your application was completed by the December 5 deadline.

Families of Current Students (Classes of 2027, 2028, 2029 - for the 2026-2027 academic year):

Current families are required to reapply for financial aid each year. In order to be considered your account must be in good standing.
Apply between February 1, 2026 and March 15, 2026. Use 2025 Federal Tax Return.
A response from Fordham Prep will be communicated in June 2026.

*Please note that financial aid is allocated to families who apply on time. Those who apply late should not expect to receive aid.*

Financial Aid FAQ's

Who can apply for financial aid?

Can my son qualify for aid for being an outstanding athlete?

What is the income cutoff for receiving financial aid?

There is no set income cutoff for receiving financial aid. FAIR, Inc., the service that analyzes the financial aid applications, looks at income and assets, making allowances for living expenses and retirement planning. A percentage of the remaining resources is expected to be available for tuition. Two families with the same income may receive different awards, based on the demands placed on that income including the number of children.

My son is applying for admission as a prospective freshman; when should I apply for financial aid?

My son is a returning student. When should I apply or re-apply for financial aid?

I already have one son at Fordham Prep and intend to register an incoming freshman. When should my family apply for financial aid?

When will I get a response to my request for financial aid?

What if the deadline has passed and then we realize that we need to apply for financial aid?

My son is applying for admission as a transfer student; can we apply for financial aid?

Financial aid is generally not available for transfer students. Your family may apply, but you are less likely to receive an award, as priority in the awarding of financial aid is given to currently enrolled students and incoming freshmen. Should additional money become available, however, it is helpful for the Financial Aid Committee to have ready access to a completed application. Please note that after having spent one year at Fordham Prep, a transfer student may apply for financial aid, and his application will be given the same consideration as is given to all enrolled students.

In This Section