Tuition & Affordability
"Groves made a dramatic difference in our lives. Our daughter not only gained confidence, but also gained a realization that she was smart. She is now determined to pursue a teaching degree in Special Education. She wants to help children like herself. She realizes that she can make a difference in a child's life, just like you have."
- Groves Academy Alumni Parent
Groves Academy is committed to making its education affordable to families from a wide range of economic means. Enrolling a bright, talented, diverse student body while maintaining small classes sizes is critical to our success.
Groves Academy believes that the cost of an education at Groves should not be a deterrent to a prospective student. As such, Groves Academy raises more than $850,000 each year exclusively for scholarships to meet the needs of families who could not otherwise afford a Groves education.
Tuition for the 2014-15 school year is $23,700 for students in Lower School, $24,200 for students in Middle School and $24,600 for Upper School students. The tuition includes books and testing. An additional technology fee is required. Optional expenses may include speech/language services, occupational therapy, lunch fees, school and class trips and events, yearbook, and after school activities. Once a student is accepted and decides to enroll, a reservation deposit of $1,000 is required with the enrollment contract (but may be refunded if adequate financial aid is not awarded). The balance of the tuition may be paid in either two or ten equal installments.
Financial aid at Groves Academy is offered through Tuition Aid Data Services (TADS). Financial aid awards at Groves are based on demonstrated need — the calculated difference between the amount a family can be expected to contribute to the cost of the student's education and the cost of annual tuition, books and fees. After a student has been accepted to Groves, financial aid application information is sent to parents along with the enrollment contract. TADS processes each application, evaluates it for financial need, and makes a recommendation to Groves Academy based on the information provided.
Approximately 30% of Groves Academy students receive a partial scholarship each year. Scholarships are based on the financial need assessment recommendation and available dollars in the Groves Scholarship Fund.
Tax Deductions or Credits
Tuition and other educational fees may qualify for deduction or credit on Federal or Minnesota income tax forms. Groves Academy has prepared a document that includes information on the potential tax deductions you may be able to recognize on your tax forms. Click here to download the tax deduction document. Of course, you should consult your tax advisor, or go to www.irs.gov, for the most up-to-date information.