Based on Merit: Scholarships

Qualifications

1. Must be entering grades 6-12
2. Must demonstrate a love of learning, leadership skills, maturity, and a well-rounded approach to school work and activities, and/or special talents that are mission appropriate for the school.
3. Must have at least a B+ average.
4. The committee also considers family participation and interest as well as the student's citizenship and potential impact as a participant in school activities.

Process

1. Complete regular admissions application and a Scholarship application, both of which are available in the Admissions Office.
2. Submit an offical transcript and/or report card.
3. Take admissions examination, if not already a CFA student.
4. In some cases, finalists may be invited to interview with a panel consisting of school faculty and administrators.
5. The decision of the Scholarship Committee is final.

Scholarship applications are accepted and offered on a rolling basis during the admissions cycle as long as funds are available.

Cape Fear Academy does not discriminate on the basis of race, color, or national or ethnic origin in administration of its educational programs, admissions policies, financial aid and scholarship programs, or athletic and other school-administered programs, or in the rights and privleges accorded or made available to students at the school.

Based on Financial Need

Need-based financial aid is awarded primarily to families with students in grades 1-12 who qualify, with the Middle and Upper School students receiving the highest priority.

Process
New applicants to the school must go through the admissions process and be accepted before the family may apply for financial aid. Requests for financial aid applications are made directly to the Admissions Office.
Families complete a financial aid application which is provided by FACTS, a national company which provides schools with information and guidelines for making financial aid awards fairly and equitably on the basis of need.

Qualifications
The financial data submitted by applicants is processed according to the guidelines set by FACTS. They provide a report to Cape Fear Academy which is reviewed by our Financial Aid Committee. The committee is made up of school administrators and makes the final decisions on the amount of aid given to those who qualify.

All financial data is held in strict confidence. Financial Aid Committee members at Cape Fear Academy receive a summary of financial need as calculated according to FACTS guidelines, but the names of applicants and recipients are not shared. Recipients and their families are expected to maintain confidentiality.

Financial aid awards are made for one year only. Renewal of the annual awards requires reapplication. All awards are subject to the availability of funds.
Priority for awards are as follows.

• Current recipients
• Current students
• New students

The deadline for financial aid applications for first round consideration is March 1. Awards are offered in late March. Any remaining funds may be awarded later.

Criteria for granting need-based aid:
Need - The first requirement is the demonstration of financial need as determined by the Financial Aid Committee, based on the analysis of the FACTS report.
Academics - The student must have a quality grade point average of at least 2.5. For new student applicants, the Director of Admission must indicate that the candidate has potential for success as supported by the transcript of previous grades and data from admission testing.
Other - The committee also considers family participation and interest and the student's citizenship and participation in school activities.