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Financial Assistance

TUITION, FINANCIAL AID, AND SCHOLARSHIPS

Students enrolled at NOVA pay tuition and fees that contribute to classroom instruction, course materials, and standardized assessments administered by the school. External testing services are not included.

NOVA offers Financial Aid and scholarship opportunities to students who meet the school’s admission requirements and demonstrate financial need. These forms of support are awarded in accordance with established criteria and available resources. One example of such support is the NOVA - Boris Trajkovski Scholarship Program, which reflects the school’s commitment to access, opportunity, and educational continuity.

HOW TO QUALIFY FOR FINANCIAL AID

Families should not be discouraged from applying to NOVA solely because of financial considerations. We offer payment plans and Financial Aid to support eligible students in Grades 1–12 who would face a significant barrier to the full cost of tuition.

The Financial Aid program serves two important purposes:

  • To enable students with demonstrated financial need to attend NOVA
  • To support a student body that reflects a broad range of socio-economic backgrounds

This approach aligns with the school’s commitment to diversity, balance, and access, while maintaining academic and community standards.

All Financial Aid applications are reviewed by the Financial Aid Committee, which includes the Director, Business Manager, school principals, and members of the administration.

While Financial Aid decisions are primarily needs-based, a student’s academic profile and extracurricular involvement may also be considered as part of the review process.
 

HOW TO APPLY FOR FINANCIAL AID

Financial Aid is considered only for students who have completed the full admissions process and have been offered admission.

The Financial Aid application process includes the following steps.

Step 1: Financial Aid Application Fee

Families applying for Financial Aid are required to pay 50% of the standard application fee as part of the Financial Aid process.

Step 2: Submit the Financial Assistance Request (FAR) Form

Families complete and submit the Financial Assistance Request (FAR) form.
Step 3: Submit Supporting Financial Documentation

The FAR form must be accompanied by complete and accurate supporting documentation, which may include:

  • Salary statements and other sources of income
  • Annual personal tax reports
  • Bank statements
  • Information related to loans, financial obligations, and other expenditures
  • Any additional documentation relevant to demonstrating financial need

Families are also asked to provide a clear overview of their household budget, including income, expenses, and available funds for tuition.


Step 4: Academic Documentation and Admissions Requirements

As part of the admissions process, families are required to submit:

  • Teacher recommendations from the student’s most recent English teacher and another teacher of the family’s choice, addressing academic achievement, extracurricular involvement, and leadership

For Secondary School applicants only, admission also includes:

  • MAP diagnostic assessments in English and Mathematics
  • A student interview
  • Important Notes

Financial Aid is considered only after a student has been admitted to NOVA.
Incomplete Financial Aid applications cannot be reviewed.
Financial Aid applications are reviewed in line with the regular admissions timeline.

IS FINANCIAL AID RENEWABLE?

Financial Aid is awarded for one school year at a time. Families receiving Financial Aid are required to reapply. Renewal of Financial Aid annually is not automatic and may vary from year to year. Award levels can change based on:

  • The size and composition of the applicant pool
  • Any changes in a family’s demonstrated financial need

To remain eligible for Financial Aid renewal, students are expected to:

  • Maintain good academic standing
  • Demonstrate a positive attitude and responsible engagement in school life