Affording Masters

The Masters School is committed to making an exceptional education accessible to a diverse community of students.
We recognize that a Masters education is a significant investment in your child’s future, and we are dedicated to helping as many families as possible afford this educational choice. Masters has a robust financial aid budget. 26% of the student body receives financial aid, which totals more than $6 million.

What Tuition Covers

  • Required academic trips
  • Meals
  • Athletic uniforms
  • Afterschool homework help in the Middle School
  • Parents and guardians are members of the School's Parent Association. There is no fee to join. All are encouraged to participate in the myriad PA-hosted activities and events. 
  • Room and board *
* 5 and 7-day boarding students only

Other Expenses

There are additional expenses that fall beyond the scope of tuition. Students participating in financial aid receive the same percentage of financial aid towards these costs as they do toward tuition. 
  • Transportation
  • Art and/or music lessons
  • College preparation
  • Textbooks
All students are required to bring a laptop to school. Families for whom this is a hardship can participate in the School’s laptop loaner program. 

List of 1 items.


    School Application
    Financial Aid Application
    Notification to Families
    Families' Decision to Masters
    All Returning
    November 15January 26February 9
    New MS
    December 15
    December 15February 13March 4
    New US Day
    December 15
    December 15February 23March 14
    New US Boarding
    January 15
    January 15March 10April 10
    We will communicate financial aid decisions with your admission notification. 

    Financial Aid applications must be submitted through our partner Clarity Tuition. Based on the financial information your family provides, Clarity will recommend what family can contribute towards their educational expenses. Our Financial Aid Committee uses Clarity as a guide to help us make fair and equitable financial aid decisions. 

    Families may begin working on financial aid applications for the upcoming 2024-2025 academic year on October 1, 2023. For more information, please review our Financial Aid Policy.

2023-2024 TUITION

    $77,400 *
* International boarding students are also required to purchase health insurance. The cost of the health coverage varies every year, but can be estimated at $2,300.


For questions about financial aid, please contact Senior Associate Director of Admission and Financial Aid Betty Matias Hsu at 914-479-6501 or

For questions about billing and payment plans, please contact Debra Ferguson at