Financial Aid & Scholarships

 1. Complete the Online Application: FACTS Login
Note: For divorced or separated families a separate application is required from each parent.

Submit your online fee and pay the $35.00 application fee.
If you have questions please call FACTS customer service at (866) 441-4637.

If you have questions or concerns, please contact the Business Office at:
Phone: (808) 423-1356
E-mail: BusinessOffice@assets-school.org

Upload the following required documents to the FACTS website:

•  Copies of all W-2s and Form 1099s for the tax year 2020
•  Copy of your full and complete 2020 signed Federal Income Tax Return -include all filed schedules and attachments
• End of year (2020) pay stub if applicable
• Copy of your most current Mortgage statement

• SNAP/Housing benefit statement

• Non-Custodial parent PFS and corresponding documents.

 If you have trouble uploading documents please contact FACTS customer service at 866-441-4637. If FACTS is unable to help you, please  contact the Business Office at 440-3602 or businessoffice@assets.org.

 Applicants will be notified of the Committee’s decision by email:
Round 1: Late April         Round 2: Late June          Round 3: Late July

Parents acknowledge acceptance of the financial aid award online through FACTS. 

The size of the award depends on a variety of factors including income, assets, debts, special situations, number of students attending independent schools, and assistance from other sources. The assets and earnings of both parents will be considered in determining award amounts. No full tuition awards are granted.  Every family is expected to contribute financially to their child’s education.

Financial assistance is based on a family’s financial circumstances at the time of application. In the event financial assistance is obtained from any other source, Assets has and does reserve the right to reconsider any tuition assistance grant.

Financial Assistance applications are processed by the Business Office and reviewed by the Financial Assistance Committee.  Information provided in the application process is strictly confidential.  The admission process and the tuition assistance process are done separately.

Income is just one of several factors considered.  Assets school considers a family’s total income, expenses, assets, liabilities, and number of dependents in its analysis of a family’s ability to finance their child’s education.

The size of each award is proportional to need, and is also weighed against the number of families applying for assistance.

Aukahi Ka Muliwai (For students with Native Hawaiian Ancestry) 
Assets and Kamehameha Schools entered into a collaborative agreement to serve gifted and capable students with learning differences from Kindergarten through Grade 12. Beginning with the 2019-20 school year and for two more years beyond that, Kamehameha Schools generously agreed to provide Assets with funding which is used to support our students' education.

The Aukahi Ka Muliwai program is need-based and administered solely by Assets School. Kamehameha Schools has no input into how funds are distributed.

Parents apply for Aukahi Ka Muliwai funding directly through Assets Schoolʻs financial aid process and must provide documentation of their child's Native Hawaiian heritage by submitting a letter of verification from the Hoʻoulu Database.

Students who qualify for financial aid are funded jointly by Kamehameha Schoolsʻ Aukahi Ka Muliwai program and by Assets School.  

Questions? Contact our Business office @ 808-440-3602. 

• The Hawaii Association of Independent Schools (HAIS) and Assets School believe that a student’s education is the responsibility of both parents.  Parents who are divorced, separated or have never been married must make full financial disclosure before any tuition assistance award will be considered.
• Exceptions are made for a parent who has not been in contact with the student for more than 5 years and who has not been authorized by the custodial parent to receive communication from the school.  Otherwise, Financial Assistance applications are required of both parents and may be submitted separately to the Business Office.
• If a parent has remarried, the stepparent’s income and financial situation are taken into consideration when determining the Financial Assistance award. 
• The award is made to the student, not to individual parents.  One letter is generated for the custodial parent with a copy given to the second parent.  If the student’s tuition is split between two parents, arrangements may be made with the Business Office to distribute the Financial Assistance award proportional to each parent’s financial obligation.  This arrangement must be finalized before the invoices are generated for FACTS (payment processing service).