Financial Aid

Please use the following information to assist in your search for financial aid.

It is the parents’ responsibility to make full payment arrangements or fully and properly complete the subsidy request form and deliver it in a timely manner to provide the tuition committee with sufficient time to make their assessment.

If you have any concerns please contact Natalie Katz at 416-785-4044 ext. 230 or natalie@tiferesbaisyaakov.com.

How do I apply for financial aid?

You must first be completely registered, having submitted all forms and fees.
The Subsidy Form is now done online through a tuition subsidy application program. For your login in details please contact Natalie Katz at 416-785-4044 ext. 230 or natalie@tiferesbaisyaakov.com.

The online system is similar to this subsidy form.

What supporting documents are needed to apply for financial aid?

Copies of the following must accompany this application:

(a) Complete Income tax return(s) for 2016 for all family members, trusts, and corporations
(b) Prior Year’s Income Tax Notice(s) of Assessment for all family members, trusts, and corporations
(c) Two consecutive pay slips
(d) Housing lease/current mortgage statement (if applicable)
(e) Latest year-end accountant prepared financial statements (if applicable)
(f) RRSP & RESP statement(s)
(g) 2016 Property Tax Assessment
(h) Divorce or Separation Agreement (if applicable)
(i) Other information where indicated

What is the deadline for financial aid?

The deadline for submitting your financial aid fee and documents is May 2016.

What if I am missing some supporting documentation?

You will be notified by the business office and your application will not be processed until the documents are submitted.

Do I need to be interviewed during the financial aid process?

The business office will notify you if an interview is necessary.

How is the scholarship for financial aid given?

The tuitions subsidy is standardized for all schools affiliated with U.J.A. Federation.

What if I am late submitting my financial aid application?

Failure to submit the completed subsidy application on time will automatically result in the assessment of full tuition.

How will I know the amount of financial aid I will receive?

A tuition determination letter will be mailed to you approximately 3-4 weeks after the completed financial aid package is received.

It is the policy of Tiferes Bais Yaakov that parents are responsible to pay full tuition for each child attending our school. To the extent that parents can show financial need, on an annual basis, the school is prepared to accept less than full tuition with the understanding that the unpaid balance will be treated as a loan payable by the parents, if and when they are in the position to do so. We will never actively pursue repayment. However, it will be treated as a continuing moral obligation.