At the Homestead School, it is our goal to make outstanding education accessible to everyone. Therefore, we have implemented a tiered tuition system. This tiered tuition model is Homestead’s initiative to support the emergence of a new economy rooted in care, equality, and the celebration of diversity. It allows Homestead to align teacher compensation with the value of what our educators offer. This structure also addresses the systemic economic inequality that is at the root of our societal deterioration and fragmentation, allowing people of all socioeconomic backgrounds to have access to the high quality education that Homestead offers.
Tier 1: A 20% discount in tuition from Tier 3.
Tier 2: A 13% discount in tuition from Tier 3.
Tier 3: Tuition to cover the cost of running the school, assuming full enrollment, no major unexpected expenditures, and minimal tuition assistance.
Tier 4: Adjusted 13% for family means*
Tier 5: Adjusted 20% for family means*
* When families choose a Tier 4 or Tier 5 tuition because they have the means and recognize the value of a Homestead education, they support the continued growth of the Homestead mission; they allow for improvements of the campus and classrooms, further enrichment opportunities, better compensation for teachers, and a more diverse community. The additional monies beyond Tier 3 will be considered a contribution to the school, and we are recognized as a 501(c)(3).
“I found the tiered tuition approach both creative and an opportunity to show our gratitude. Coming from Brooklyn, where elementary private school tuition costs more than college, I was stunned by the value proposition Homestead offered. We were so fortunate to be a part of Homestead during the pandemic. Our kids had an incredible school experience in comparison to so many struggling in the city. It was an easy decision to contribute just a bit more to help the school with their growth goals. Homestead is a unique experience for our kiddos and we are happy to do what we can in our second year as well.”
“When we first visited Homestead early in the Covid crisis, we loved the campus and the tour and made the decision to enroll. Our initial choice of Tier 4 was candidly aspirational, hoping it was worth it. We decided on Tier 5 for this next year, not because we are hoping it is worth it, but because it is and we want to be part of the ongoing efforts to make the school better. A school that is inclusive, a great place to work and an even better place to be a student.”
How does it work?
Apply for a Tuition Tier
Within the Homestead School Admissions Application, you will be asked to apply for a tuition tier. As you entrust the education of your most precious treasures to us, we entrust the financial health of the Homestead to you. Families may apply for any one of the tiers, with our hope that you have truly reflected on your means and on what you would like to inspire through your tuition payments. Applications to Tier 1 Scholarship or Tier 2 Discount will require the completion of our financial aid application through TADS. The Homestead will do its best to meet these requests by demonstrated need, while meeting the costs of running the school.