Financial Aid

ONLINE APPLICATION OF FINANCIAL AID FOR SCHOOL TUITION (FAST)

FASTDear Current Preston Parent,

This year we will utilize the online service of Financial Aid for School Tuition (FAST) to process applications.  FAST will be the standard submission format for all applications.

FAST does not decide whether financial assistance will be given or how much to give; rather FAST provides a need-based financial aid analysis service which includes a recommendation of what a family should reasonably contribute toward tuition.  All information from FAST is kept confidential.  Results are reviewed by the Financial Aid Committee that makes recommendations to the Principal based on next year’s budget.  Upon approval by the Principal, financial aid offers are then sent to families.

As a reminder, financial aid is only available to current 10th, 11th, and 12th graders, and must be applied for each year  To start the process, please do the following:

*Click on the “FAST” button above..

*The application process is self-guided.  You may navigate in and out of the program allowing you to partially complete an application and go back to it at another time.  Online e-mail and a 24/7 helpline is provided.  Please do not call the school with questions.

*The charge for the application is $34.00 and may be paid by credit card at the end of the session.  If you do not have a credit card, please call Preston High School to make other payment arrangements.

*After completing the online application you will be required to mail your 2011 tax returns for both state and federal taxes with all schedules and W-2’s to:

FAST Processing
ISM
1316 North Union Street
Wilmington DE  19806-2594

*Including the school’s name on the outside of the envelope will ensure faster processing of your application.

*The online submission deadline for all applications is April 16th, 2012
*Your tax return must follow the submission, and be postmarked by April 30th, 2012.

*Make your tax appointment early.
The goal is to have an award determination made by the time re-enrollment contracts are issued on May 21st, 2012.  While no financial aid procedure can be entirely equitable – there are simply too many individual factors and extenuating circumstances – this new process should serve our school community well.  Among its many features will be the ability to further secure your financial data, and maintain the high degree of confidentiality that past recipients most appreciated.

Sincerely,

JoAnn M. Corsillo
Director of Finance
Preston High School

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