What types of tuition aid does Lakeside offer?
A tuition grant is an award from the school that does not need to be repaid. It is the most common form of tuition aid at Lakeside and, like all financial aid we award, it is based on a family’s economic need. We do not offer merit or no-need scholarships. Some need-based grants, however, are named for their donors who have contributed substantially to the financial aid endowment, supporting each year’s financial aid fund through the interest earned on their gifts to the school. Financial aid awards may also include loans. The loan portion is repaid to the school and is interest-free while your student is enrolled at Lakeside. For four years after graduation or departure, interest accrues at 8% per year, and will be billed quarterly. At the end of this period, families have another four years to repay the loan in regular installments. They may also choose to pay the entire loan amount soon after graduation or departure without penalty to avoid accrual of interest. In general, families
