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.

24% of the student body receives financial aid, which totals more than $7.5 million.

What Tuition Covers

  • Required academic trips
  • Meals
  • Athletic uniforms
  • After-school 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 many PA-hosted activities and events during the school year. 
  • Room and board for 5-day and 7-day boarding students only

Other Expenses

There are additional expenses that fall beyond the scope of tuition.
  • Transportation
  • Art and/or music lessons
  • College preparation
  • Textbooks
  • Laptops
    • All students are required to bring a laptop to school. Families participating in our financial aid program at a level of 75% or more may contact the Technology Department for information on the laptop loaner program.
Students participating in financial aid receive the same percentage of financial aid towards these costs as they do toward tuition.

List of 1 items.


    School Application
    Financial Aid Application
    Notification to Families
    Families' Decision to Masters
    All Returning
    November 1January 24N/A
    New Middle School Students
    December 10
    December 10February 13March 3
    New Upper School Day Students
    December 10
    December 10February 21March 12
    New Boarding Students
    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 families 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 2025-2026 academic year on October 1, 2024. For more information, please review our Financial Aid Policy.

2024-2025 TUITION

  • Middle School Day
  • Upper School Day
  • Upper School Five-Day Boarding
  • Upper School Seven-Day Boarding
    $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