Financial Assistance FAQ
At GNS, we seek students with strong academic potential, good character and diverse backgrounds from families who share the values of the school. Our goal is to provide resources and opportunities that will ensure our students’ success, and create an environment that encourages respect for the self and others.
Our Financial Assistance Program is designed with these principles in mind. Providing opportunities for students of all backgrounds allows our school community to reflect the real world while also fostering academic excellence.
- How is Financial Assistance eligibility determined?
- How is Entrance Scholarship eligibility determined?
- What are the criteria and expectations of our financial support program?
- What important dates should families be aware of?
Families wishing to apply for financial assistance must complete the Financial Aid for Canadian Students (FACS) application form available via the Apple Financial Services website. Apple Financial Services is a member of the organization of Financial Aid for Canadian Students (FACS), and uses a consistent, objective and professional analysis of a family’s resources to make recommendations directly to GNS. GNS's Financial Aid Committee reviews these results in accordance with school policy, and issues decisions directly to the applicant. The maximum bursary award is 40% of tuition fees.
- A record of outstanding academic achievement confirmed by report cards from the candidate’s previous school and supplemented by academic references;
- A demonstrated commitment to fine arts and/or athletics confirmed by relevant references;
- The candidate’s performance on the GNS entrance exam (should be equivalent to an ‘A’ standing); and
- An interview with the Director of Admissions, Principal and/or Head of School.
- Recipients are expected to contribute meaningfully to the school by taking advantage of opportunities in academics, the arts, athletics and citizenship.
- Families are required to submit a complete application for financial assistance each year by the specified due date. If a family's financial circumstances have not changed, they will receive a similar percentage of assistance as the previous year.
- To the best of their ability, both parents should contribute to the cost of tuition, even in the cases of divorce or separation.
- It is expected that both parents will be gainfully employed. If a spouse chooses not to work, this is factored into the income calculations for evaluation.
- Certain circumstances, such as caring for a disabled or elderly parent, a child under age 5, or a child with a long-term disability, may exempt a family from this policy. These situations are individually reviewed on a case-by-case basis.
- GNS treats requests for assistance with the highest levels of discretion and confidentiality, and expects that families will do the same with the results.
- November 1: A letter is emailed to all current family financial aid recipients explaining the deadline for next year’s financial aid application forms.
- December 1: Final day to submit completed FACS forms for existing families.
- February 28: Financial assistance awards are communicated to all continuing students.
- Incoming families submit FACS forms as part of the application process.
- March 1 through June 30: Financial assistance awards are communicated to newly admitted applicants.