A Prep education is an investment in your child’s future, and we are committed to making such an education possible for all qualified students. This year 33% of our families received some form of assistance from the more than $2,099,402 allocated to financial aid, with an average grant amount of $18,256.
Awards are based on demonstrated economic need and the availability of funds. Students are first accepted to the School on the basis of character, grades, teacher recommendations, special talents, and potential for personal growth, regardless of ability to pay. Students are then considered for financial aid through a separate process.
While Santa Fe Prep does its best to meet need to the degree possible, we believe the primary responsibility for financing a student’s independent school education rests with the family. All families are, therefore, expected to contribute at least a portion of their child’s educational expenses.
Included in the following pages are step-by-step instructions for applying for tuition assistance, information on payment options for the expected family contribution, guidelines, and answers to frequently asked questions.
Affording Prep
We understand that paying your tuition obligation in one payment, regardless of any financial assistance, can be difficult. All Prep families have the option of enrolling in a tuition management program that allows them to spread tuition payments out over 12 months.
We also encourage families to tap all available resources to meet their financial need, such as outside scholarships, tribal and organizational education funds, and other family members or trusts.
Malone Family Foundation Scholarship Program
Santa Fe Prep was awarded a $2 million endowment grant from the Malone Family Foundation for tuition assistance for gifted students. Prep joins 48 other schools nationally that have received this honor and is the only school in New Mexico to be a Malone partner. With this endowment, Santa Fe Prep seeks gifted and talented students with the motivation to excel in Prep’s highly academic environment.
To be a candidate for the Malone Family Foundation Scholarship, a student must:
- Be a United States citizen
- Be a rising 7th through 10th grader for the 2025-2026 school year
- Meet the admission requirements of Santa Fe Prep
- Participate in a school enrichment program and/or consistently demonstrate academic success
- Seek a college preparatory education
- Show enthusiasm and motivation for maximizing his/her educational opportunities
- Demonstrate financial need of at least 30% of school costs
- Seek admission to Santa Fe Prep and plan on graduating from the school
Please click here to read further information about the Malone Family Foundation Scholarship. If your child qualifies for a Malone Scholarship and you are interested in applying to Santa Fe Prep, contact Co-Director of Tuition Assistance Summar Aubrey at 505.795.7512 for more information. Please keep in mind this is a highly competitive process, and Prep can only award 1-2 new scholarships each year.
Santa Fe Preparatory School admits qualified students irrespective of race, ethnicity, religion, sex, gender identity, national origin, sexual orientation, or disability. All students are afforded the rights, privileges, programs, and activities generally accorded or made available to Prep students. The school does not discriminate on the basis of race, ethnicity, religion, sex, gender identity, national origin, sexual orientation, or ability in the administration of its educational program, admissions, or other school policies.
Click here to learn how to apply for Tuition Assistance.