Tuition & Financial Aid
USL is committed to keeping our tuition costs well below that of other private / independent schools in the Charleston area. We have therefore adopted a prudent financial model that allows us to provide both an outstanding academic experience and value for our families. Our hallmark tuition reduction program helps families of all means send their curious, kind, and high-achieving children to USL by assisting those whose financial resources cannot fully cover the cost of an independent school education. Around 25% of our current families have confidentially been awarded tuition reductions. Please note that this is not a loan but a reduction in the tuition charged.
Our financial assistance can sometimes be all that is needed to make the USL experience possible. For some of our families a minimal aid package is enough, while others qualify for a greater percentage of tuition reduction. More information can be found below.
2020 - 2021 Tuition Rates
Grades 3 - 5
Grades 6 - 8
Grades 9 - 12
Textbook / Classroom Materials Fee for all grades: $500
Tuition at University School of the Lowcountry includes all Learning Outside the Classroom (LOTC) experiences and a yearbook.
Please note that a portion of the Textbook Fee will be waived for those who prepay their tuition. The Textbook Fee for those paying in one installment, by July 15, will be $100 total. Payment made in two installments will incur the fee at $300 total.
Tuition & Fees Schedule
This reflects payments after the $750 deposit.
Single payment due July 15, 2020
Two payments due July 15, 2020 and December 15, 2020
Nine payments due monthly from July 15, 2020 to March 15, 2021
Tuition Reduction Grants (Financial Aid)
A University School of the Lowcountry education is an investment in your child’s future. It is also a significant financial investment. Our tuition reduction program provides need-based tuition assistance to families who would otherwise not be able to attend USL.
No student who meets the admissions criteria should be deterred by financial reasons from applying to University School. Parents who require aid are encouraged to apply for a grant-based tuition reduction. Please note that these are not loans but are reductions in the amount of tuition charged for the child for that year. Grants of financial aid are not intended to cover 100% of the cost of attendance at USL: the current policy for maximum award is 90%. All families are expected to contribute to the cost of their student’s education.
Should we apply for Financial Aid?
Few families find it “easy” to pay tuition at independent schools. Most adjust their spending priorities, maximize their earnings, and carefully manage assets to do so. We would like to provide guidelines to help you decide whether to apply for aid, but each family’s combination of circumstances is unique. The most helpful guideline comes from your own knowledge of your family’s finances. Think of your monthly budget and then calculate the annual amount which you feel you can pay. If this amount is less than the amount of the annual tuition, you may be a candidate for financial aid.
How do we apply for Financial Aid?
Families are asked to submit financial aid applications online, and financial aid decisions are made independently of admissions decisions. Applications are processed by FAST (Financial Aid for School Tuition), and the results are returned to University School.
There is a $43 application processing fee that must be paid via credit card at the time the online application is submitted. The financial aid program is managed in accordance with USL’s Non-Discrimination Policy.
When submitting tax forms to FAST, please write “University School of the Lowcountry” under your return address on the envelope to speed the processing of your application.