Founder's Award Policy
Shawnigan Lake School strives to provide an environment rich in diversity, one of our core values, as an important aspect of educating young people for an increasingly global world. The School has determined that financial aid is an important tool in developing and maintaining a deliberately diverse student population. Access is available to support students with varying socio-economic backgrounds. Founder's Awards are dispersed based upon demonstrated financial need, to provide access and diversity, and to support those families currently enrolled who are experiencing temporary hardship.
Founder's Awards are decided on by a committee and based upon an evaluation of each individual situation through an external assessment partner (FAST Aid). Awards will be based primarily upon a family’s unique financial situation. Other factors considered may include the student's academic performance, the student's character, and consideration of the greater community.
We recognize that for a student to participate in the full Shawnigan experience there are expenses above and beyond tuition. Therefore, a Founder's Award may be awarded annually for tuition, as well as additional funding to support other costs of the Shawnigan experience. Normally, a Founder's Award will not be awarded for the full cost of tuition as each family is expected to make an appropriate contribution based upon its ability.
The School will continue to attempt to meet the need throughout the student’s time with the School, provided the student maintains acceptable all-around academic performance and contributes to the Shawnigan community. The financial aid program requires families to re-apply each year to demonstrate their continuing need.
The Financial Aid Committee employs a system to award aid that is designed to maintain the confidentiality of applicant information. The School engages the services of an external partner (FAST Aid) to manage the collection and assist with the financial evaluation of applications. An appeals process is available should a family wish to have their award decision re-evaluated.
Shawnigan will maintain a separate merit-based scholarship program to recognize students that demonstrate significant qualities. These awards are not solely based on financial need but rather, individual performance. The criteria for each award is defined based on each donors intention and matched with a student, who best demonstrates these qualities and commitment to their education.
The School’s mission is at the heart of everything we do at Shawnigan. Financial aid is a tool to advance that mission while increasing access and diversity to current and future students.