As a nonprofit 501(c)(3) organization, The Novus Academy does not receive any state or federal funding whatsoever. Its operational costs must be raised solely through tuition and fees, grants, and donations. Although our costs are competitive, we understand that families must often make sacrifices so that their child can attend our school. Additionally, in order to build and maintain a socioeconomically diverse student body, we offer financial assistance to a limited number of qualified families.
Financial Assistance will be awarded annually on the basis of financial need. So that The Novus Academy may fairly allocate the limited funds we have available for financial assistance, we are using F.A.S.T. (Financial Aid for School Tuition), an independent third-party provider. F.A.S.T. will confidentially review and analyze a family’s financial situation and make a recommendation of what the family should reasonably be able to contribute. F.A.S.T.’s recommendations are reviewed by The Novus Academy’s Financial Assistance Committee who will determine the amount of the award, if any, that a family should receive.
Interested families can begin the online application process by clicking on the following link: bit.ly/NovusAid.
Families seeking Financial Assistance through F.A.S.T. must pay a non-refundable application fee of $43.00.
IMPORTANT NOTE: Families who receive the Multi-Student Discount are not eligible to also receive Financial Assistance per F.A.S.T.’s recommendations. In certain situations, a family could conceivably receive more Financial Assistance through F.A.S.T. than it would receive under a Multi-Student Discount. Each family will need to decide for itself whether Financial Assistance or a Multi-Student Discount would result in the greatest overall savings, based on their particular circumstances.