Financial Aid at OLL is granted solely on the basis of family need and the availability of funds. OLL uses the Children’s Education Foundation (CEF) application to evaluate and rank needs among applicants. Financial assistance contracts must be renewed annually. Forms to request assistance are available from the Principal’s office after January 15 for the following school year. To begin the financial aid process the CEF application, Tax Return with W-2 statements, and all supporting documentation must be received by the Principal no later than March 15. The School recommends that you begin this financial aid process early to meet this deadline. Please note this will require you to plan ahead in completing your tax returns. Failure to comply with the above requirements will result in the allocation of financial aid to another student.
We understand that it can be difficult for some families to submit a return by this deadline but all families must comply in order for the School to give fair consideration to all families.
The financial aid awarded is for one year. Applicants must reapply each year. Failure to comply with financial aid deadlines will automatically disqualify the student from receiving aid. Misrepresentation or failure to disclose completely all information will result in the loss of financial aid.
Unless there is an extraordinary circumstance that warrants aid, families who did not receive aid in the prior year will not be considered. Please contact the Principal’s office as soon as possible if you find yourself in this situation.
