Tuition and Fees

Tuition may be paid annually, semi-annually, or on a seven-month payment plan.

The decisions to admit a student and to provide Tuition Assistance are two separate, simultaneous processes. Tuition Assistance is provided on the basis of demonstrated financial need and with two priorities. Our first priority is to increase the socioeconomic diversity of the student body. Our second is to support currently enrolled students in completing their PS1 education.

We believe that the primary financial responsibility for a student’s education rests with the family. Because our available funds are generous but limited, we expect that families applying for Tuition Assistance have made use of all other available resources.

$1.6 Million in Tuition Assistance has been applied to tuition and fees for 29% of the student body for the 2023-2024 school year.  Families in the Tuition Assistance Program, on average, have $26,540 Tuition Assistance funds applied to their tuition and fees or 71% in Tuition Assistance.

PS1 is a member of School & Student Services (SSS), an organization that helps independent schools manage their Tuition Assistance programs. A complete PS1 Tuition Assistance application includes: (1) SSS’s Parents’ Financial Statement (PFS) submitted to SSS, (2) a copy of the family’s complete 2023 Federal Income Tax return (Form 1040) uploaded to SSS, and (3) PS1’s Application for Tuition Assistance uploaded to SSS. In the case of separation or divorce, both parents must submit required materials. A family must reapply every year to determine continual participation in the program.  As a new family applying for admission and Tuition Assistance, please indicate on your application for admissions that you intend to apply for the program. Families applying will be sent relevant forms via email in late December.

The Tuition Assistance program at PS1 is funded by a combination of operating income, endowment income, contributions, and grants from foundations and other groups.  

PS1 is not subsidized by any government agency or private organization. We are an independent school and non-profit, tax-exempt corporation run by a volunteer Board of Directors.

As a school built around participation and inclusion, we rely on our parent community to contribute beyond tuition, in ways big and small, as they are able. Parents are actively involved in everything from planning and executing large events, fundraising, and heading up committees to volunteering in the classroom, driving for field trips, and distributing hot lunches around the campus and much, much more.

The PS1 community thrives on the participation and generosity of each family’s time and talent. CLICK HERE to learn more about philanthropy at PS1.