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Provides a clear application process requiring submission of specific 2019 tax forms, related documentation such as 1098 and K-1 when applicable, and recent paystubs. Describes confidentiality, next steps, notification timeline, acceptance/decline rules, and forfeiture of awards. 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Our commitment to diversity including socioeconomic diversity represents idealism about the kind of learning community we want Summit students to experience , and realism about the kind of world in which Summit graduates live.  \nWe believe Summit students deserve small class sizes, state-of-the-art technology, great teachers, and an expansive curriculum starting in PreK. While this type of program isnot inexpensive, a portion of our budget is earmarked for financial aid in order to allow parents of all economic backgrounds to give their children the very best educational foundation.  \nFINANCIAL AID APPLICATION PROCESS  \nComplete the Family Financial Statement (attached to this document) and submit the following documents by the deadline (February 14th at 4:00 pm):  \n􀁸 A copy of your 2019 Federal 1040 tax forms (2018 forms will be accepted only if 2019 forms have not been filed)  \n􀁸 A copy of your 1098 tax form (college tuition statement), if applicable  \n􀁸 A copy ofK-1 tax form (for business partnerships), if applicable  \n􀁸 Copies of two current months of paystubs from all income sources  \nWHAT HAPPENS NEXT  \nOnce we review the completed  Aid Committee admission to Summit and qualify for financial aid than the budget can accommodate. When this occurs, a student can be accepted for admission and offered a place in the desired class but not offered aid. If you received a financial aid award last year, there is no guarantee of financial aid for the following year.  \nSummit will include information about either the offer or denial of financial aid in a letter (to be distributed on or around March 6, 2020) . Families will have one week to acceptor decline their financial aid award. Failure to alert intentions to accept or decline financial aid will result in a forfeiture of the award.  \nCONFIDENTIALITY  \nFinancial information is kept confidential and is only viewed by the Financial Aid Committee.  \nINSTRUCTIONS  \n1. Please complete, sign, and return this application and all other required documents no later than February 14, 2020.  \n2. EACH parent/guardian should sign the application.  \n3. If you have questions, please call the Director ofBusiness & Operations or Office Manager at 319.294.2036.  \nCandidate Name    \nFirst Middle Last  \nPermanent Address    \nCity State Zip Code  \nHome Telephone   Email    \nApplying for (please circle) Pod 1 (PreK 1st) Pod 2 (2nd 4th Grade) Pod 3 (5th 8th Grade)  \nPRELIMINARY CALCULATIONS  \n-tax income based on actual information for 2019, and as projected for 2020  \n1. Annual Before-Tax Income  \n|  | 2019 Actual | 2020 Projected |\n| --- | --- | --- |\n| Wages or salaries | $ | $ |\n| Bonuses, tips, commissions, royalties | $ | $ |\n| Government payments (e.g.: Social Security, public assistance, VA benefits, etc.) | $ | $ |\n| Dividends & interest (include all tax-exempt sources, e.g.: municipal bonds, etc.) | $ | $ |\n| Net income from partnerships, estates, trusts, business corporations, professional practice, self-employment, etc. | $ | $ |\n| An approximate dollar value of any perquisites not reflected in dollar income (e.g.: rent-free housing, automobile, cell phone) | $ | $ |\n| Net income from real estate | $ | $ |\n| All miscellaneous income (e.g.: gifts, alimony, child support payments, etc.) | $ | $ |\n| TOTAL | $ | $ |\n\nSummit Schools does not discriminate on the basis of gender identity, race, color, disability, religion, sexual orientation, or national origin in the administration of our admission policies and financial aid programs.  \n2. Additional Funds Available for Education  \nPlease include all funds received   Failure to report these funds accurately  \n|  | 2019 Actual | 2020 Projected |\n| --- | --- | --- |\n| Income from trustsin your (example: 529, trust fund, etc.) | $ | $ |\n| Sup","cbCair524fQVKs6E","https://ap.wps.com/l/cbCair524fQVKs6E","pdf",343369,6,"English","# Financial Aid Application Process\n## What Happens Next\n## Confidentiality\n# Instructions\n# Preliminary Calculations\n## Annual Before-Tax Income\n## Additional Funds Available for Education\n## 2019 Assets\n## 2019 Liabilities\n## Summary\n# Additional Information","[{\"question\":\"What documents are required to apply for financial aid?\",\"answer\":\"Complete the Family Financial Statement and submit a copy of 2019 Federal 1040 tax forms, plus a 1098 form and K-1 form if applicable. Provide copies of two current months of paystubs from all income sources.\"},{\"question\":\"When is the application due and what happens after submission?\",\"answer\":\"The application and required documents must be returned no later than February 14, 2020. After review, families receive a letter with an offer or denial around March 6, 2020, and they have one week to accept or decline.\"},{\"question\":\"How is financial information handled?\",\"answer\":\"Financial information is kept confidential and is only viewed by the Financial Aid Committee.\"}]","Financial Aid & Scholarship Application - Family Financial Statement and Instructions | PDF",1789815257]