Computation of Family Contribution

The School and Student Service for Financial Aid (SSS), is a “need analysis” service that relies on “national economic factors” to determine the eligibility of families. The SSS, like Cushing Academy, believes a family has the primary obligation to finance their child’s education. In determining a family’s eligibility, factors such as family size, parents’ age, extraordinary expenses and retirement provisions are considered. Distinctions must be made between obligatory expenses, such as tax payments, and those made by choice, such as vacations or purchasing a recreational vehicle. Because situations vary, an objective analysis system computes a recommendation based upon the information the family provides to SSS. Often, families with similar incomes have a different RFC; this is due to the numerous variables involved in the calculations. Cushing reserves the right to accept the recommendation made via the Report of Family Contribution or to amend it by using more extensive documentation required to complete the application process in accordance with the Academy’s mission and policies. The Financial Aid Committee assesses each family’s financial situation individually. This assessment is completed with certain general principles and practices, which are in addition to those of the SSS guidelines.
The School and Student Service for Financial Aid (SSS), is a “need analysis” service that relies on “national economic factors” to determine the eligibility of families. The SSS, like Cushing Academy, believes a family has the primary obligation to finance their child’s education. In determining a family’s eligibility, factors such as family size, parents’ age, extraordinary expenses and retirement provisions are considered. Distinctions must be made between obligatory expenses, such as tax payments, and those made by choice, such as vacations or purchasing a recreational vehicle. Because situations vary, an objective analysis system computes a recommendation based upon the information the family provides to SSS. Often, families with similar incomes have a different RFC; this is due to the numerous variables involved in the calculations. Cushing reserves the right to accept the recommendation made via the Report of Family Contribution or to amend it by using more extensive documentation required to complete the application process in accordance with the Academy’s mission and policies. The Financial Aid Committee assesses each family’s financial situation individually. This assessment is completed with certain general principles and practices, which are in addition to those of the SSS guidelines.
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Cushing Academy

39 School Street
Ashburnham, Massachusetts 01430
978-827-7000
admissions@cushing.org

Cushing Academy

Cushing Academy exists for students and develops curious, creative, and confident learners and leaders. Founded in 1865, Cushing is a co-ed, college preparatory boarding and day school for students in grades 9-12 and PG. Our students, who come from over 30 states and 30 countries, excel in our outstanding academic, art, and athletic offerings. We welcome you to visit our community and beautiful 162-acre campus in Ashburnham, Mass., just one hour from Boston, to experience all that Cushing has to offer.

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