About The Scholarship

THE VILLAGE SCHOLARSHIP

 

What is The Village Scholarship (TVS)?

The Village Scholarship (TVS) is a renewable scholarship designed for private elementary school students from underserved and underrepresented Black and Brown communities in low-income households. These students align with PSV’s core value of promoting racial equity in the private school experience. TVS aims to increase racial diversity in local private schools and address the financial aid gap. 

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The effort launched in January 2024 with its first cohort, marking the beginning of a two-year pilot phase. Having completed the pilot, we are now moving into full implementation and expansion of the Village Scholarship initiative.

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The model supports a “portable” private school scholarship approach. While private school financial aid is typically awarded by a school, TVS awards aid as an outside organization to the school on behalf of a specific student, which provides families with additional flexibility and security should a student need to change private schools.

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Values

• Equity: Strive for fairness and impartiality in the selection process, ensuring equal opportunities for all applicants.

• Integrity: Uphold ethical standards in managing the scholarship program, maintaining transparency and accountability in all endeavors.

• Community: Foster a sense of belonging and communal support, nurturing an environment where scholarship recipients feel valued and supported throughout their educational journey.

 

Eligibility 

• Applicants must identify as a part of an underserved and underrepresented community

• Applicants must be currently enrolled in or have secured admission to a participating independent school

• Applicants must have financial need

• Applicants must be well-versed in the PSV mission and if selected, commit to participating in PSV activities, programs, and events

 

Application Requirements 

• Completed online application 

• Supporting documents 

• Participate in an interview process

• Submit proof of current financial aid offer

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Application Timeline ​

• Applications open December 15, 2025 and close January 14, 2026

• Due to the varied timelines and requirements among schools, including differing response times and financial aid deadlines, we have established an estimated timeline to ensure a thorough and equitable review process.

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TVS Timeline for the 2026-2027 School Year​

• 11/13/25: Virtual info session for school administrators 

• 11/18/25: Virtual info session for applicants

• 12/15/25 - 1/14/26:  Applications open for new applicant families

• 1/14/26: Application Closes 

• 1/02/26 - 1/30/26:  Application review period

• 1/05/26 - 2/06/26:  Interviews conducted

• 1/14/26 - 2/13/26:  Verification process

• 2/17/26 - 2/27/26:  Scholarship award and declination emails distributed

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Selection Process

• PSV retained a third-party agency, AWA Consults, for the design, evaluation and awarding process to ensure privacy, objectivity and transparency when reviewing candidates. We have also partnered with Researcher, Writer and Wealth Activist Chloe B. McKenzie to ensure an equitable process.  Applicants shall be selected according to a combination of financial need, completed application and alignment with PSV’s values. 

 

Award Details  

• The scholarship provides financial assistance of up to $10,000 annually per student, covering partial tuition costs. Scholarship funds will be paid directly to the school annually for the duration of the student's remaining time at the elementary school (e.g., for a 4th-grade recipient, funds will be provided through 6th grade).

• Families will not need to reapply, but an annual renewal process will be required. The scholarship team will coordinate with schools to confirm financial aid awards, keeping families informed throughout the process.

• The full amount of the award will be disbursed directly to the school at the discretion of the family.