Financial Aid

Choosing a Jewish day school education for your child is an important decision, and we recognize the choice you have made to invest in your child’s Jewish education. The goal of Golda Och Academy's financial aid program is to close the gap between the total cost of a GOA education and what a family can afford. All GOA financial aid is need based.

We think of financial aid as an investment in your family. Like you, we look toward building on our rich community and traditions and endeavor to inspire and educate tomorrow’s leaders – your children. Here at Golda Och Academy, we work in partnership with every family to bring the cost of our incomparable education within reach.

Golda Och Academy is able to invest in the education of future Jewish leaders due to the extraordinary generosity of loyal donors and alumni. We are extremely grateful for the support of Paula and Jerry Gottesman Family Foundation and the Jane and Dan Och Family Foundation for bringing our middle income affordability program to life.

If you have questions, feel free to be in touch!

Julia

List of 1 members.

  • Julia Malaga 

    Chief Financial Officer
    973-602-3793
    American University - BA
    George Washington University - MHSA

Which option is right for our family?

List of 4 items.

  • Tuition MAX Program

    If your AGI is between $150,000 and $325,000, 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 37 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%
  • Financial Aid

    You can find your Adjusted Growth Income (AGI) on Line 37 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 $325,000 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.
  • 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.
     

Important Deadlines

December 31, 2018
Financial Aid and Tuition MAX applications due