- Q: What does the Lowenstine Honors Scholarship cover?
- Q: What effect does scholarship value have on a student's admission application?
- Q: Why are scholarships based on federal taxable income?
- Q: What if taxable income goes down after a student is accepted?
- Q: What if a student's sending school is still charging tuition?
- Q: What if a student's parents are divorced? Or were never married?
- Q: Who has access to my financial information?
- Q: What if a student withdraws after paying tuition?
- Q: What if a student is not a U.S. citizen?
The Lowenstine Honors Scholarship covers, fully or partially, the cost of tuition to Conserve School. Families are responsible for a $200 enrollment fee, incidental costs, and transportation to and from school (at the beginning and end of the semester, as well as the fall or spring break). Families are also responsible for providing their students with the required gear as outlined on the “Conserve School Supply List” found under the parents tab at the top of this website. Note that specialty items like tents, backpacks, and sleeping bags are available for check-out from the school.
Using federal taxable income provides a mechanism for taking into account each family’s unique situation. To obtain a family’s taxable income, the family’s gross income is first calculated and then adjusted based on deductions, credits and exemptions that the family qualifies for including but not limited to:
- credits for family members enrolled in higher education,
- credits for health insurance premium,
- credits for mortgage interest paid,
- deductions for qualified medical expenses,
- deductions for contributions to retirement accounts,
- deductions for charitable contributions, and
- exemptions based on the number of dependents in a family.
Conserve School recognizes that private schools may need to charge students a “holding fee” during the time their students are at Conserve School. However, in accordance with the policies of the Semester Schools Network, Conserve School recommends that holding fees be limited to 10 percent (or less) of the annual tuition for a missed semester in order not to overburden families. If a school’s holding fee exceeds 10% of the annual tuition for the missed semester then the family is encouraged to let Conserve School know.