Near North Montessori is committed to maintaining a diverse student body. We believe that economic diversity contributes to a strong and healthy school community, and therefore NNM has committed to providing eligible families with financial assistance. Applications are reviewed confidentially by the Financial Aid Review Group and are considered separately from admissions. For 2019-20, NNM granted over $900,000 of aid to 84 children from 59 families—approximately 15% of the total student population.
Financial assistance is available to current families at the 3-6, 6-9, 9-12 and 12-14 programs based on need. Financial assistance may also be made available to families new to NNM if funds are available after meeting the needs of current families.
In the past, awards for financial assistance have ranged from several hundred dollars to up to 70% of tuition costs, as needs warrant and funds permit. Financial need is determined based on a family’s total financial picture, which includes income and expenses, as well as assets, such as savings accounts, investments, home equity and real estate, and liabilities, such as mortgages, student loans and medical bills.
All families are expected to contribute some amount to tuition obligations. Financial aid is awarded to provide monetary assistance in meeting those tuition payments. Additionally, NNM is committed to creating an inclusive environment where all children have access to extracurricular programs, including Early Morning or After School Care. With that in mind, we provide all families on financial aid the opportunity to receive a $100 credit per child per session towards any AfterSchool or Activity registration, including athletics.
- families must re-apply for financial aid each school year with updated financial and family information; and
- aid cannot be granted unless all outstanding financial obligations for the current school year have been paid in full.
Financial aid funding comes primarily from school fundraising activities, generous gifts from parents and other community supporters, as well as the school’s operating budget.
Read more about the process, important dates and how to apply for Financial Aid here.