Affording Morristown Beard
An Investment in Your Student's Future
A Morristown Beard School education makes a lasting difference at a formative time in a student’s life. Here, students are inspired to think boldly, engage thoughtfully with the world around them, and pursue their passions with curiosity, purpose, and determination. The result is an education that prepares students not only for what comes next, but for a life of meaningful contribution.
We recognize that tuition is a significant investment in your student’s future, and we believe a family’s ability to pay full tuition should not determine whether MBS is within reach. We are committed to building a thriving community of passionate, empathetic, and driven students from a broad range of backgrounds.
Through need-based financial aid, MBS works to make an exceptional education accessible to students and families who embody our mission. Admission is granted without regard to a family’s ability to pay, strengthening our community and enriching the experience of all who call MBS home.
We are here to listen, partner with, and support families as they make an MBS education a reality. We look forward to welcoming you to our community.
Ready to Start your Financial Aid Application?
To begin your financial aid application, please use this link:

Clarity also offers webinars to help families navigate the application process.
Please see the upcoming dates below:
Tuesday, September 29, 10pm ET
Wednesday, September 30, 6pm ET
Tuesday, October 27, 10pm ET
Wednesday, October 28, 6pm ET
Tuesday, December 8, 8:30pm ET
2026-2027 Tuition
Middle School: $54,850
Upper School: $57,450
Tuition increases on a yearly basis, generally between 3-6%. Tuition costs are announced in January for the following school year.
Financial Aid Facts & Figures
Total Financial Aid Awarded
$4.6 million
Average Award Size
$39,900
Average Household Contribution
$12,300
Percentage of Students Receiving Financial Aid
20%
Learn More with Financial Aid Information Sessions
Financial Aid Zoom Sessions are short, virtual information sessions designed to orient families who might be new to the independent school search and financial aid process.
You will hear from the Director of Admission and Financial Aid, Sarah Ellerton, and the Director of Enrollment Management, Lindsay Johnson.
Topics to be covered include:
- eligibility
- award size
- application process and paperwork needed
- an introduction to Clarity
- timelines
- award and notification process
- scholarship opportunities
Have Questions about Financial Aid?
If you are interested in learning more about eligibility or the application process for financial aid or scholarships, please contact Sarah Ellerton, Director of Admission and Financial Aid, at sellerton@mbs.net.
Financial Aid FAQs
Who can apply?
Intended as a supplement to family resources, financial aid awards are made not only to families whose ability to pay is extremely limited, but also to those of more substantial means who may need only a minor subsidy to meet the tuition costs. Any families who feel they need financial assistance are encouraged to request it. Please know that the Financial Aid Committee assumes that each family receiving financial assistance will make the funding of their child’s education a priority over other experiences such as enrichment programs, family trips, and summer camps.
Are there tuition payment plans?
MBS families may select one of three payment plans.
- A ten-month plan, beginning July 1, allows for equal payments to cover the cost of one year's tuition.
- Families may opt to pay in two installments – 60% of tuition due July 1 with the remaining 40% to be paid by November 15 or November 30.
- Finally, a family can pay in a lump-sum payment, due on July 1.
What is included in tuition?
Tuition includes the core academic instruction for one school year, as well as lunch. Families can anticipate that tuition will increase by 3-6% every year.
What are the expected additional costs of attending?
Families can expect to pay additional costs as part of the Morristown Beard School community experience. Please note that costs are an estimate, based on what classes, sports, and clubs a student might participate in, and subject to change year over year.
Please download our PDF on the Cost of an MBS Education, or continue reading below.
Required Costs
Technology
- Apple iPad or Macbook: $500–1600 (depends on the model/system selected)
- TI Calculator: $160
Books
- Middle School: $300
- High School: $500
Classroom Supplies
- Middle School: $80
- High School: $150
School Events (field trips, mixers, prom)
- Middle School: $200
- High School: $300
Optional Costs
Athletics
- $250–500 per season. Please note that ice hockey costs are between $1100–1600
Clubs
- All clubs are free to join, though some clubs might require travel for tournaments or events (for example, Model UN)
AP Exams
- $50 per test
Transportation
- $5,750 (round trip). The 6:30 PM late bus is an additional $500.
Breakfast and After School Snack Options
- $6-20 per day
What costs are included as part of financial aid?
Financial aid awards are grants towards the annual tuition, which includes lunch. For fees and activities above and beyond tuition, Morristown Beard School uses a tiered system based on the percentage of aid awarded in order to offset those costs. Examples of ancillary fees include: technology, books, transportation, field trips, club/sport expenses, prom, and more. For more detailed information, please contact Sarah Ellerton, Director of Admission and Financial Aid at sellerton@mbs.net or 973-539-3032.
What is the financial aid award process
Financial need is defined as the difference between the cost of an MBS education and a family's ability to contribute to that cost. We believe that families have an obligation to provide for their child's education to the extent that they are able, and therefore utilize the services of Clarity to help determine a family's eligibility for aid. Several factors including income, assets, liabilities, and the number of children in tuition-charging schools are taken into consideration. In order to apply, families must complete the Clarity application, and file copies of the required documents with Clarity by the deadlines below. More details are available on Clarity’s website.
We encourage any families with questions to call or email Sarah Ellerton, Director of Admission and Financial Aid at sellerton@mbs.net
What are the required materials and deadlines?
All families applying for Financial Aid, need to adhere to the following deadlines to be considered for an award:
Clarity Online Application Opens Monday, August 17, 2026
Clarity Online Application Friday, December 18, 2026
Financial Aid Deadline Tuesday, January 26, 2027
Please submit all required documentation directly to Clarity. Do not send any documentation to Morristown Beard School.
Check out our detailed checklist to help organize your application.

How can I learn more about the Clarity Financial Aid application and process?
While you're welcome to call or email our office at any time, the team at Clarity hosts webinars for families. Please see a list of the webinars below:
Tuesday, September 29, 10pm ET
Wednesday, September 30, 6pm ET
Tuesday, October 27, 10pm ET
Wednesday, October 28, 6pm ET
Tuesday, December 8, 8:30pm ET
To begin your financial aid application, please use this link:

Scholarships
Military Family Scholarship Opportunities
Folded Flag Foundation:
For eligible children in grades K-12, The Folded Flag Foundation provides scholarships and educational grants to cover private school tuition and fees, tutoring, after-school programs, summer camps and other related educational expenses.
Learn more about the Folded Flag Foundation.
Folds of Honor
For eligible children in grades K-12, Folds of Honor ensures that families who’ve sacrificed so much for our country and communities receive the education and opportunities they deserve.
Explore Folds of Honor Scholarships.
Tri-County Scholarship Fund

Morristown Beard School is pleased to partner with Tri-County Scholarship Fund. The mission of Tri-County is to provide partial scholarships to students living in Morris, Passaic, and Sussex counties who demonstrate financial need. Families who would like to be considered for an award must complete the application and submit all required documents by February 15. Recipients will be notified in April.
Apply for the Tri-County Scholarship Fund
If you have any questions contact Mike Mund, Tri-County Scholarship Administrator, at 973-984-9600.
The Jack Kent Cooke Foundation
The Jack Kent Cooke Foundation's Young Scholars Program is a selective five-year, pre-college scholarship for exceptionally promising 7th-grade students with financial need. It provides comprehensive academic and college advising, as well as financial support for school, Cooke-sponsored summer programs, internships, and other learning enrichment opportunities.”