Tuition & Affordability
Tuition includes lunch, textbooks, all technology costs and school day field trips.
Tuition includes lunch, all technology costs and school day field trips. Tablet PCs are provided for grades 5-12.
Tuition includes lunch, all technology costs, and school day field trips, after school study hall for 7th and 8th grade and college test prep for 11th grade. Tablet PCs are provided for grades 5-12.
Join our community
We strive to prepare students not only with the knowledge and skills they need to be successful but also with the desire and confidence to make a difference in the world. At MICDS, students are supported by faculty, coaches and peers as they discover their passions in and out of the classroom. Students matriculate to many of the most competitive colleges and universities in the country where they continue to pursue lives of purpose and service.
MICDS believes all qualified students, regardless of financial circumstances, should have access to our extraordinary education. Gifts to the Annual Fund help to offset the cost of tuition and the full cost of educating a student at MICDS*. Because an MICDS education may still be beyond some families’ resources, the School offers a substantial, need-based financial aid program. Each family is expected to be a financial partner for their student’s education–doing what they can to pay school costs, including maximizing their earnings, adjusting spending priorities and managing assets.
Families applying for tuition assistance are required to submit a confidential Grant and Aid Application directly to FACTS Management Company. All applications must be submitted online and require a family to provide supporting documentation.
*All gifts are considered charitable contributions and are fully tax-deductible.
December 4, 2017
filing deadline for all returning students, with 2016 taxes
December 15, 2017
filing deadline for 9th-grade applicants and Junior Kindergarten Family Early Action Option
February 5, 2018
deadline for new applications for all other grade levels
FAQs: tuition and financial aid
Tuition is due on the following dates:
- 10% is due at the time of enrollment
- 70% of the balance is due on August 15 of current school year
- 30% of the balance is due on December 15 of current school year
Payments can be made with an e-check, cashier’s check, regular check, cash or by credit card on the MICDS portal.
A 10-month payment plan is available through FACTS. Monthly payments through FACTS are withdrawals from an account on a specific day of each month, July-April.
Yes. Additional expenses should be expected for textbooks and athletics.
- Students in grades 5-12 purchase books. Books can range from $300 to $1500, dependent on the student’s grade level and course load.
- Depending on the sport(s) played, there are athletic fees and team dues associated with after school sports in grades 7-12.
There are no extra costs for lunch, field trips and technology, after school study hall in grades 7-8 and grade 11 AP exams. Those expenses are included in tuition.
Gifts to the Annual Fund help to offset the cost of tuition and the full cost of educating a student at MICDS. All gifts are considered charitable contributions and are fully tax-deductible.
Financial aid is tuition assistance. It is awarded with grant money and does not need to be paid back. MICDS does not include payback loans as part of a tuition aid package. All financial aid awards are based solely on a family’s demonstrated need, as determined by the MICDS Financial Aid Committee. The School aims to fund a tuition award to the full extent of a family’s demonstrated need. More than $4.6 million was awarded in financial aid for the 2017-18 academic year.
“Demonstrated need” is defined as the difference between the amount a family can be expected to contribute to the cost of the student’s education and the amount of annual tuition. All families attending MICDS are expected to contribute toward the cost of their student’s education.
Financial aid covers tuition, as well as proportionally covers the cost of books, summer reading and extended day services.
At MICDS, 23% of the student body receives need-based financial aid.
Financial Aid by School
- In the Lower School, 46 students received an average award of $10,220.
- In the Middle School, 77 students received an average award of $16,175.
- In the Upper School, 160 students received an average award of $17,365.
Financial Aid by Household Income
- Households with an income range of $0-$49,999 – 42 awarded
- Households with an income range of $50,000-$99,999 – 95 awarded
- Households with an income range of $100,000-$149,999 – 78 awarded
- Households with an income range of $150,000-$199,999 – 39 awarded
- Households with an income over $200,000 – 29 awarded
MICDS uses a third party administrator, FACTS Management Company, for the application process. A completed application is needed before the Financial Aid committee can make an award. Pay special attention to all due dates.
Complete the FACTS online application and submit to FACTS with the required supporting documentation:
- Copy of 2016 W-2’s for household
- Copy of household 2016 federal income tax return(s) with all schedules and attachments
The deadlines are as follows:
- All returning families – December 4, 2017
- Grade 9 and Junior Kindergarten Early Action Applicants – December 15, 2017
- New applicants for all other grade levels – February 5, 2018
MICDS puts a substantial amount toward tuition assistance, but there are limits to the budget. Missing application deadlines will put your family’s ability to receive financial aid in jeopardy.
Learn more in our Affording MICDS brochure.
FACTS will analyze the information you provide to estimate your family’s ability to contribute to tuition. MICDS will use the FACTS “Family Calculated Tuition Contribution” as a guide, and will take into account income, the number of children in tuition charging schools and any supplemental information a family provides.
Learn more in our Affording MICDS brochure.
The School commits support first to the returning students who receive financial aid. Returning students will receive notices starting in January and continue through February. Financial aid decisions for new students will be communicated within a few days of the admission decision.
None. Admission and financial aid decisions are different processes and decisions made by different committees. Decisions regarding financial aid are determined by the Financial Aid Committee after the Admission Committee determines eligibility for admission.
Possibly. Because a family’s financial circumstances are subject to change, we require families to reapply for financial aid every year. However, if your family situation remains relatively the same then you can expect relatively the same percentage of financial aid–understanding that tuition and fees are likely to increase each year. On the contrary, significant changes in household income, either up or down, would likely have an impact on a family’s demonstrated need.
In cases of divorce or separation, both parents or legal guardians are required to fully complete the financial aid process and file separate applications.
Financial aid applications are reviewed by the Financial Aid Committee. All information is secure and held in strict confidence.