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
  • Laptops
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 App
    FA App
    Notification to Families
    Families' Decision to Masters
    All Returning
    Dec. 1Jan. 27Feb. 10
    New MS
    Dec. 15
    Dec. 15Feb. 14March 10
    New US Day
    Dec. 15
    Dec. 15March 1March 10
    New US Boarding
    Jan. 15
    Jan. 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. 

    Masters Clarity Code: 1877

    Families may begin working on financial aid applications for the upcoming 2023-2024 academic year on October 1, 2022. For more information, please review our Financial Aid Policy.

2022-2023 TUITION

    $72,000 *
* International boarding students are also required to purchase health insurance. The cost of the health coverage varies every year, but can be estimated at $2,000.


For questions about financial aid, please contact Associate Director of Admission and Financial Aid Officer Fitima Pelaez at 914-479-6728 or

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