‘Iolani School is committed to enrolling qualified students from a wide range of experiences and backgrounds. To that end, we support an extensive financial aid program to assist students in their desire to attend ‘Iolani School. Currently 24 percent of our day student body receives aid.

Overview

Financial need is the difference between family resources and the educational expenses of a student. We do not award scholarships based on academic, athletic or artistic merit. To determine a family's ability to pay tuition, we use the School and Student Services by NAIS (SSS) financial aid portal. The SSS analysis helps us to objectively determine what a family is able to contribute for educational expenses and is a critical component in our financial aid decision. Aid is granted on an annual basis to families who show financial need, and is renewable each year as long as the family completes the financial aid process in a timely manner and continues to qualify.

Eligibilty

Financial aid is not available to international students in the boarding program. Please read over our Information, Timetable and FAQs (PDF) to ensure you have met all application requirements.

How to apply for financial aid

1. Go to the SSS website at http://sss.nais.org/parents
2. Login to the PFS Online. If previously applied for aid, enter your login and password. New users should create an account.
3. Upload your documents to SSS - OR - Mail all documents directly to SSS for processing (postmarked by Feb. 15, 2019).

Documentation Requirements

Electronic copies of the following documents are required to complete your financial aid application. We do not require hard copies to be delivered.

Required:

• Signed copy of filed 2018 IRS 1040 Form including all schedules and attachments
• Signed copy of filed 2018 State Taxes including all schedules and attachments
• Copies of 2018 W-2’s (all pages) and 1099s, in their entirety, no cut outs
• End of year (2018) paycheck stub(s)
• IRS Form 4506-T, signed and dated

Required, if Applicable:

• First and Second Mortgage(s)/ HELOC balance statement(s) for all residential and investment properties
• Copy of filed 2018 Business Tax Returns and/or K1s
• Financial Aid award letters for all siblings attending a tuition charging school (PS-12), 1098T for college students
• FBAR/International Assets Form/ IRS Form 3520
• SNAP/Housing Benefit Statement(s)
• Non-custodial parent's PFS and corresponding documents

Award notification

Admission candidates
If your child is offered admission to grades 6-12, and you have met all the deadlines and requirements, you will receive your financial aid award notification in early April. If your child is offered admission to kindergarten, you will receive notification in early May.

Current recipients/Returning students
If your family submits the PFS and all the required documents by the deadline, you will receive financial aid notification by the end of May.

Boarding students
If your family is eligible to apply, and submits the PFS and all the required documents by the deadline, you will receive financial aid notification via the Boarding Admission Office.

Late applicants

Because 90 percent of our financial aid funds are distributed to those meeting the February deadline, all late applicants will be reviewed on a case-by-case basis, and no later than June 1. Please call the Financial Aid Office as soon as possible if you have missed a deadline.