LCP SCHOLARSHIP INFORMATION 2024/2025
Lakewood Cooperative Preschool welcomes, values and supports all families. We do not discriminate on the basis of race, color, creed, national/ethnic origin, socio-economic status, gender, gender identification, sexual orientation or disability. We strive to provide a stimulating and nurturing play-based environment where children and families of all backgrounds and identities work together in the classroom and grow together in community.
LCP is pleased to offer our families a comprehensive financial aid program. We offer full and partial tuition scholarships, fee waivers and alternate payment plans. Our ability to offer financial aid is dependent upon the financial condition of our preschool. We also ask that scholarship applicants apply to the North Seattle College’s (NSC) Parent Advisory Committee (PAC) Scholarship program.
SCHOLARSHIP APPLICATION / AWARD PROCESS
LCP scholarships for the following school year are applied for during the preceding Spring enrollment period. Scholarship applications and supporting documents should be submitted at the same time as the enrollment application. Eligible scholarship families with more than one child applying to Lakewood Cooperative Preschool may be awarded scholarships for each child - please fill out one application for each child. Enrollment is determined first, independently of the scholarship requests. Recipients will be notified of scholarship awards before being asked to make a financial commitment to the preschool.
Scholarship applications are kept strictly confidential and are reviewed solely by the Scholarship Committee comprised of the Treasurer, Assistant Treasurer and Anti-Bias Chair.
The 2024-25 school year will be the third year in which LCP’s “in-house” scholarship program will be augmented by North Seattle College’s (NSC) Parent Advisory Committee (PAC) Scholarship program. Unfortunately, the application timelines for LCP’s and PAC’s scholarships are different and final PAC scholarship awards are not determined until after the school year starts, and on a quarterly basis thereafter.
To provide families with a reasonable amount of information to plan upon, LCP will consider scholarship applications and make a determination, and will inform families of scholarship determinations before asking them to commit to enrollment. The family will then be asked to apply to the PAC scholarship program. When the PAC scholarship awards are announced, LCP will cover any remaining amount to meet its original total scholarship commitment. To apply for PAC scholarship please complete the application below and email it to pac.scholarships@gmail.com.
LCP Scholarship applications and supporting documents can be submitted online at the link below.
The Scholarship Committee meets after the enrollment application deadline to review all completed scholarship applications. Scholarships are awarded using the below listed criteria with consideration to any additional information on the scholarship application. The Committee’s goal is to award some scholarship funds to each applicant (if deemed in financial need). Therefore, partial scholarships may be awarded if there are a large number of applicants. You will be notified by the Treasurer if you have received a scholarship. No financial commitment to the school is required until you have been notified of any awarded scholarship amount, if the application was submitted prior to the enrollment deadline.
Scholarship applications that are received after the enrollment application deadline or during the current school year are considered on a first come basis. Any awards are dependent upon currently available scholarship funds.
Scholarship recipients should notify the Scholarship Committee if their financial situation improves midyear, lessening their need for assistance.
TUITION SCHOLARSHIP Considerations
LCP Scholarship awards typically cover one academic school year (September–June), but can be applied for at any point within the school year as need may arise. Families that have been awarded scholarships (full and partial) are not responsible for any fees or fundraising requirements during the school year.
The criteria for scholarship levels are as follows:
1) The availability of scholarship funds
2) The number of scholarship applicants
3) The family’s size and annual gross income, as detailed below
Lakewood Cooperative Preschool bases financial scholarship eligibility on the US Department of Health and Human Services poverty guidelines (https://aspe.hhs.gov/poverty-guidelines), targeting 250% of this standard. This is kept as a guideline only, and we understand that federal poverty levels do not necessarily reflect the cost of living in Seattle. These guidelines are in place to help us support families that need financial aid the most, but we consider all applications.
FAMILY SIZE / annual income
2 $51,100
3 $64,550
4 $78,000
5+ $91,450
If your income exceeds these levels and you believe your family requires financial support, we ask you to describe your situation on the scholarship application. If you are unsure of how to proceed, please feel free to fill out the form to the best of your knowledge and explain your specific financial need. Our Scholarship Committee will contact you for further assistance in assessing your need and available scholarship funding.
OTHER FORMS OF FINANCIAL ASSISTANCE
In addition to full and partial tuition scholarships, Lakewood Cooperative Preschool offers fee waivers, alternative tuition payment plans and snack purchase assistance at the discretion of the Scholarship Committee.
Currently enrolled families who find themselves unable to fulfill their financial commitments to LCP are encouraged to contact the Scholarship Committee at Scholarships@Lakewoodcoop.net. All inquiries are kept confidential.