Financial Aid

List of 4 items.

• Tuition MAX Program

  If your AGI is between $150,000 and $400,000, and you meet the following criteria:
  
  

  • You have mostly W-2 income
  • You have less than $500,000 in liquid assets (excluding home equity)
  • You can pay between 10% and 15% of your AGI and choose not to share all your financial details

  You can find your Adjusted Growth Income (AGI) on Line 11 of your IRS 1040 Form.
  
  We recommend applying for the Tuition MAX Program.
  
  The Greater MetroWest Jewish Day School Affordability Initiative (“Tuition MAX”) was created to ensure the total cost of tuition does not exceed 18% of a family’s adjusted gross income when they meet the program's requirements. At Golda Och Academy, we are happy to be able to cap tuition at no more than 15% for families at the top of the range and 10% for families at the lower end of the range. The Tuition MAX program has a streamlined application and indexes tuition-to-income, enabling you to budget tuition for future years – no matter how many children you have in the school. If your income is in the specified range, the Tuition MAX program calculation is the maximum you will pay for tuition, but you may qualify for a greater reduction through the traditional Financial Aid Program.
  
  

  • Simple application and first two pages of tax return (unless you have Schedule C or E income)
  • No disclosure of detailed financial information
  • Liquid assets (excluding home equity and retirement) must be below $500,000 to qualify
  • Tuition calculated as a percent of income, between 10% and 15%

   
  Apply Now!

• Financial Aid

  You can find your Adjusted Gross Income (AGI) on Line 11 of your IRS 1040 Form.
  
  If your AGI is less than $150,000, we recommend applying for Traditional Financial Aid:
  

  • Full disclosure of assets, liabilities, and expenses
  • Full tax return submission and independent verification of application materials
  • Tuition calculated based on your personal financial situation (up to 70% tuition reduction)

  However, if your AGI is between $150,000 and $400,000 but you don't meet the other eligibility requirements of the Tuition MAX program, or you have extraordinary expenses, you may choose to apply for Traditional Financial Aid.
  
  Apply Now!

• 529 Plan

  As of January 1, 2018, families may now use up to $10,000 per year from a 529 plan to pay for tuition expenses at private elementary and secondary schools, such as Golda Och Academy. Please contact your 529 provider for more information on how to acces these funds.

• Jewish Communal Professional Discount

  Families with at least one parent working as a qualified Jewish Communal Professional will receive an automatic discount of $1,500 (per family, cannot be combined per student). All that is required is to answer the employment questions at the time of enrollment (no application!).
  
  

  Eligibility: one parent must be working full time as clergy in a synagogue, a director level position in a synagogue or a management level position at a Jewish Federation or Federation affiliated Jewish agency.
  
  Restrictions: while this discount can supplement financial aid, it may not reduce the family’s tuition below the policy minimum.