A coeducational day school serving students JK-12

Tuition & Financial Aid

As a school community, we are committed to making a Latin education possible for families from socioeconomically diverse backgrounds. Latin School is proud to be able to award more than $3.9 million in need-based aid annually.

The Financial Aid Office strives to assist families for whom the cost of independent school tuition is the only barrier to attendance. Latin has a need-sensitive financial aid policy. This means that all admitted students demonstrating need will be funded, but the number of students needing financial aid who can be admitted is restricted based on our budget.

If you are interested in contributing to our financial aid budget, please visit our Support Latin section. Thank you.


TUITION 2016-2017

  • JK-4: $28,375
  • grades 5-12: $32,535

Flyout

2016-17 Fees

The following is a schedule of fees a Latin family can expect during the 2015-16 school year:

All School
Parent Association dues $100
Yearbook photos $25 (except seniors)
Yearbook $65 (optional)

Lower School

  • Approximate fees including books, supplies and lunch: $1,550 - $1,600
  • Extended Day: Fees vary depending on number of days and hours: Costs range from $312 - $6,350
  • After School Resources (ASR): $125 - $240 per session

Middle School

  • Books and supplies $200-$350 (average)
  • Lunch $1,250
  • PE uniforms $35
  • Grade 6 trip to Springfield $585 (estimate)
  • Grade 7 Project Week in Chicago $175 (estimate)
  • Grade 8 trip to Washington, D.C. $1,300 (estimate)
  • iPad $600

Upper School

  • Books and supplies $300-$500 (average)
  • Lunch $650-$1,300
  • Athletics Costs vary according to sport
  • Project Week Costs range from $0 to $2,900 for international travel.

Payment Plans
Latin School of Chicago offers families the following school-administered tuition payment plans:

  • One payment – Full tuition is due on July 15.
  • Two payments – Fifty percent of tuition is due on July 15, and the balance is due on November 15.
  • Eight payments - Payable starting July 15, and due on the 15th of every month through February 15. A $150 fee will be assessed.

FINANCIAL AID

Latin offers financial aid to families within a wide range of income levels, and the school makes every effort to provide each admitted student with the resources s/he needs to attend the school.

We believe that students learn best when their peers are from a variety of economic, cultural and geographic backgrounds. Our philosophy is guided largely by Latin’s Mission Statement, which reflects our commitment to creating “a community that embraces diversity of people, cultures and ideas.” We are also guided by NAIS Principles of Good Practice, which supports ethical, transparent and supportive Financial Aid policy and practices.

Financial Aid Scenarios

Financial Aid Scenarios

The following are examples that illustrate the breadth of financial circumstances that may impact the financial aid we offer. * Total cost for each student may vary depending on participation in activities, required school supplies and other factors.

Scenario 1

An applicant for ninth grade lives with her parents and sixth grade sibling who does not attend a tuition-based school. Her family income totals just over $79,000. The family has $1,500 in savings and does not own a home.

Total cost of attendance
(tuition and fees*)


$34,535

Expected family contribution after allowable expenses

$0

Financial need

$34,535

Total aid offered

$34,535


Scenario 2

An applicant for ninth grade lives with his single mother. The family income is $28,000. The family does not own a home and currently has no savings.

Total cost of attendance
(tuition and fees*)


$34,535

Expected family contribution after allowable expenses

$0

Financial need

$34,535

Total aid offered

$34,535


Scenario 3

An applicant for junior kindergarten lives with his parents and preschool aged sibling who will attend a tuition-based school. His family income is $140,000. The family owns a home and has started saving for retirement.

Total cost of attendance
(tuition and fees*)

$29,875

Expected family contribution after allowable expenses

$10,000

Financial need

$19,875

Total aid offered

$19,875

Scenario 4

An applicant for sixth grade lives with his single father. The family income including salary, business income and dividends is $160,000. His family owns a home and has accumulated savings for retirement and various stocks and securities.

Total cost of attendance
(tuition and fees*)


$34,185

Expected family contribution after allowable expenses

$20,635

Financial need

$13,550

Total aid offered

$13,550

Scenario 5

An applicant for fifth grade lives with her parents and older sibling. The family income is $352,000 with only one parent working outside the home. The family owns a home, a vacation property, and a rental property. All assets including retirement savings, stocks, bonds and securities total close to $2 million.

Total cost of attendance
(tuition and fees*)

$34,185

Expected family contribution after allowable expenses

$34,185

Financial need

$0

Total aid offered

$0

There are so many experiences I would not have had if it weren't for the financial aid program at Latin - like Project Week. I never once felt different than any other student here because I was able to do everything the other students do.

--upper school student
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