Affording McCallie

Frequently Asked Questions

Frequently Asked Questions

List of 21 frequently asked questions.

  • Is there a deadline to be considered for financial aid?

    The deadline to return financial aid forms to McCallie for all current students and new students.  Although additional applications will be accepted after this date, it is possible that funds will be exhausted.  The deadline for new boarding students will vary.  New boarding students will be considered for financial aid depending on when they submit their application for admission and their financial aid forms and on the availability of financial aid.

    Due by January 22, 2017
    Parent Financial Statement (PFS) must be completed and submitted to SSS. First-time applicants must also submit to SSS the following additional documentation: 2015 1040 (all schedules), W-2 and/or 1099 form(s) and Corporate returns and/or K-1s (if applicable). Request a copy to be sent to: The McCallie School - school code 4744
     
    Due by February 20, 2017
    All applicants must submit signed copies to SSS copies of the following required documentation: 2016 1040 (all schedules), W-2 and/or 1099 form(s), 4506-T (SIGN and DO NOT DATE), Mortgage Statement, and Corporate/Business/Farm Statement and/or K-1's (if applicable).


  • When will I be notified if I have received financial aid?

    Financial aid decision notification will be made to new day students in their acceptance packets. Notification to day families currently receiving awards plus all boarding families requesting awards will take place by mid-March. After these dates, financial assistance is awardedonly as funds are available.
  • What charges are not included in the price of tuition?

    Books, uniforms, travel, voluntary trip fees, bookstore charges and supplementary athletic apparel and equipment. McCallie offers a limited use book program for financial aid recipients based on their demonstrated need.
  • Does McCallie give scholarships?

    The only scholarships available are for highly-qualified boarding students who participate in the McCallie Honors Scholarship Program, which was established in 1998. Otherwise, the assistance McCallie offers is need based financial aid as determined by the School and Student Services (SSS) by NAIS.
  • Are athletic scholarships available?

    No, McCallie does not offer athletic scholarships.
  • What is financial aid?

    Financial aid consists of funds given to families who demonstrate a financial need for assistance with tuition expenses at McCallie. Funds are made available by hundreds of donors who are interested in making a McCallie education available to outstanding boys who would otherwise be unable to afford such an opportunity.
  • Who can apply for financial aid?

    Anyone can apply for financial aid, but only students who have been accepted to McCallie and demonstrate financial need, as determined by the School and Student Services (SSS) of NAIS, can be considered.
  • Must I repay financial aid awards?

    No. Financial aid award is used to offset your child’s education.
  • Are decisions regarding admission and financial aid related?

    All admissions decisions are made without regard for financial need.
  • Is financial aid renewable each year?

    Changes in financial status may affect the size of your award. Therefore, a new financial aid application must be filed with School and Student Services (SSS) by NAIS each year. Families are strongly encouraged to complete financial aid applications with required documentation as soon as possible to be considered for awards.
  • Is my financial aid information confidential?

    Yes. All submitted financial aid information is confidential. Only members of the financial aid committee have access.
  • Where do I get an application for financial aid?

    You can complete your Parent Financial Statement (PFS) online (beginning October 23) at sss.nais.org/parents. You will also need to request financial aid on your McCallie application.
  • How is financial aid determined?

    To determine need, McCallie uses School and Student Services (SSS) by NAIS to calculate Financial Aid. This service uses information from the Parents’ Financial Statement (PFS) which asks for income, expenses, assets, and liabilities. The family completes and submits a PFS form online and request a copy to be sent to McCallie by entering our school code 4744. SSS computes this information and determines an estimated need. SSS sends the Report of Family Contribution (RFC) to McCallie. McCallie’s Financial Aid Committee uses this estimate as a guideline in making awards.
  • What happens if I don’t have all of the required documentation?

    Submit documentation to the School and Student Services (SSS) by NAIS as they become available. You will be able to upload all required documentation to SSS. You can also mail copies of the required documents to SSS directly. Please do not send copies to McCallie. It is helpful to use your paystub for approximating annual income on the PFS if W-2’s are not available.
  • What if there is a situation involving divorce and/or stepparents?

    McCallie expects both the custodial and non-custodial parents to participate in the support of their son at McCallie. It is up to all parties involved to communicate and participate in good faith in their sponsibilities. Custodial and non-custodial parents will be expected to submit a financial aid form.
  • How much financial aid may I expect to receive?

    Each award is individualized based upon the financial need of the family and the strength of the applicants file. An  applicant’s file reflects academic ability, extracurricular involvement, character and demonstrated leadership.
  • Are there any restrictions on financial aid students?

    Each financial aid recipient is expected to maintain the highest academic standards for himself, to conduct himself in a responsible and honorable manner, and to play an active role in the daily life of the school community. Failure to meet these expectations will result in review of financial assistance by the Financial Aid Committee mid-year and/or at the end of the school year.
  • How does financial aid impact athletic eligibility?

    The Tennessee Secondary School Athletic Association (TSSAA) prohibits varsity athletes from receiving financial aid or merit awards in excess of demonstrated need. (This does not apply to non-TSSAA sports such as Climbing, Crew, Lacrosse and Swimming.)
  • How much is the enrollment deposit?

    The enrollment deposit varies for Day and Boarding depending on the net tuition (Tuition minus Fin. Aid/Merit). The amount is due when your enrollment contract is submitted.
  • Are there payment options?

    McCallie offers a several payment plans and financing options to help in making private education a reality.

    Domestic Students:
    • The 10-month plan* – Monthly payments are due July through April
    • The 60/40 plan – 60% of tuition is due August 1; 40% is due December 1.
    • Full payment – due on August 1.
    International Students: Full payment by August 1. In addition a minimum of $2,000 is required per semester (by August 1 and January 1) to be applied towards a student allowance account, tutoring, books, and any other incidental charges.

    *There is an administrative fee per year for this payment plan.
  • What if I have additional questions about tuition or financial aid?

    We provide financial aid workshops and individual appointment for your convenience. Contact our admission office at 423.493.5603 or fa@mccallie.org.
"I believe in high standards and hard work. McCallie is not a school of short-cuts and bail-outs, glitz or glamour. McCallie has always been a school of 'let's roll up our sleeves and get to work.'"

A. Lee Burns III '87,

Headmaster

School Information

McCallie is an All-Boys Private Boarding School and Day School, a Christian-based College Prep School.

McCallie seeks out and accepts boys from all ethnic, racial, religious, and socioeconomic backgrounds and places a high value on a diverse student body. 

Want the best education for your daughter?
Visit Girls Preparatory School, McCallie's sister school!