Why was the financial aid program established?
The Financial Aid Program was established over twenty-five years ago to offer all of HYS’s young musicians equal opportunities to participate in every aspect of the HYS program regardless of financial conditions. Because of state, corporate, and private donations, all HYS students receive “financial aid” of sorts. The registration fee required is only a fraction of the cost of running the HYS program, currently more than $1,800 per student. However, HYS realizes there are families who may still find it difficult to cover the non-subsidized portion of the fee. The Financial Aid Program ensures that all students will be able to benefit from our program.
Where do the funds come from?
The Michael Nakasone Legacy Scholarship Fund in Honor of Youth Symphony II was created in 2010 thanks to a generous donation from the late Ms. Olivia De Jane. Financial aid awards draw from the Nakasone Legacy Fund, and other funds, in hopes that no student will be turned away.
What expenses do these funds cover?
The financial aid program will subsidize financially deserving students on a reimbursement basis for Pacific Music Institute (PMI) registration fees, Pacific Music Institute Solo & String Quartet registration fees, and Combo Program registration fees.
On what factors are awards based?
Awards are based on financial need, not on the musical ability of the applicant. Consideration is given to each student’s attitude and evidence of responsibility (i.e. rehearsal attendance and preparedness). The majority of recipients make the most of what the Financial Aid Program can offer, as reflected by teacher evaluations. Out of hundreds of recipients, there have been only a few students in recent years whose subsidies have not continued because of poor preparation, tardiness and/or poor attitude. In these cases, the amounts allocated were given to an alternate applicant.
Can I declare my award as a scholarship award on my college application?
No. HYS’s Financial Aid Program is not a scholarship program and should not be referred to as such. Selections are based on financial need and not musical ability.
How can I apply for financial aid?
First, navigate to our online registration to register for the class that you want the aid to be applied to. Then send a completed Financial Aid Application and mail it to the office, with a copy of the first two pages of your 2017 Federal Income Tax Return (Form 1040) by Friday, June 1, 2018. More information may be requested from you at a later time to better assess your need.
If you are applying for the Financial Aid Program, payment is still required at the time of online registration. Financial aid awards will be granted on a reimbursement basis after you register. When registering online, you may choose from the following two payment options:
1) Full payment (by check or credit card)
2) Payment by monthly installment (credit card only)
If you choose full payment or installment payment by credit card at the time of registration and you are awarded financial aid, a refund will be issued to your credit card. If you choose full payment by check at the time of registration and you are awarded financial aid, a reimbursement check will be issued and mailed to the student. Students will be notified of their financial aid award amounts for PMI, PMI Solo & String Quartet, and Combo Program registrations by June 8, 2018.
Have more questions?
If you are looking for other payment options or have any general financial aid questions, call our office at 941-9706 or e-mail email@example.com.