"boarding school financial aid"
Steady Application Numbers- Increased Aid Applications: Confirmation of what we’ve been hearing
Admission professionals have been telling us the same story throughout the school year. Applications and inquiries are steady. Financial aid requests are up.
Using interviews at a few schools and with the National Association of Independent Schools, the New York Daily News ran a piece (Private schools see more financial aid requests during recession – [...]
Now Is the Time to Give
If you believe in a boarding or independent school and you can afford to make a financial contribution, give now. Independent schools- just as colleges and universities- are working through endowment decreases and pressure. With increased financial aid demand, creating an even greater strain on institutional savings and finances.
If independent school is part of your [...]
Some Interesting Good News: Knox and St. Bede working to grow
We realized that we’ve published two posts last week about schools that are building dormitories and/or working to expand their boarding populations this week. While not a silver lining, nor confirmation that everything is rosy, it’s great to find two schools well positioned and so dedicated to boarding that they’re building dorms and working to [...]
Read MoreRoss School Offers Merit Scholarships
File this under the ‘fantastic opportunity’ category.
Ross School in Bridgehampton, NY “is offering $20,000 annual Merit Scholarships for students in grades 5-11 who demonstrate academic achievement and exceptional promise” in a number of areas.
Have a demonstrated talent for the Arts, Athletics, Community Service, Math, Media, Music (Jazz), Science, or Theater? This may be [...]
Boarding School Podcast Sustainablity Series
In light of the economic downturn, school sustainability and adaptive strategies have been hot topics for a number of months. No one is spared from the realities of a shrinking economy- schools, families, students- we’re all impacted.
To encourage a conversation about the options available to families and schools, AQ’s Boarding School Podcast hosted a four [...]
Community Consequences as Parents and Students Shift from Private to Public Schools
Rinker Buck of the Hartford Courant wrote an interesting piece this week, “Enrollment Shift Could Burden Farmington Valley Towns” in which he lays out the linkages between public and private school enrollment in private school dense areas. Looking at Hartford and its surrounding area, its private school density and the changing fortunes of private school [...]
Read MoreA School Administrator Talks About Paying for Prep School
As Brian mentioned in the post before this one, late last week I sat down with two financial aid experts for a podcast that examined financial aid in an economic downturn. My guests offered sound advice for families considering financial aid options.
We’re always on the lookout for additional FA articles & resources and Rob Kennedy, [...]
A Podcast Conversation About Affording Private School in an Economic Downturn
Addressing the admissions notification and financial aid season, we produced a podcast today discussing financial aid in tight times.
Peter spoke with Martin Peyer, CEO of Tuition Data Services and Jamie Miller, Director of Financial Aid at the Blue Ridge School. They explored financial aid and tuition payment strategies for families as they make their private [...]
Exeter Addresses Lower Endowment
In just about any other year, you’d think it would be nuts for a money manager/management team to get congratulated for having an endowment fund lose 22% of its value. 2008 was no run of the mill year for market and endowment declines.
Phillips Exeter Academy’s endowment managers held loses to 22% beating the S&P [...]
The Value of Living Within One’s Means: Experience Provides Advantages for Tuition Driven Schools in Tight Times
An odd thing during these times of declining endowment income- several New England colleges are doing OK. In a Boston Globe piece several smaller tuition driven schools report that the relationship with their students and school growth haven’t yet changed much. They’re used to offering good value and opportunities- funded predominately with tuition dollars. Smaller [...]
Read MoreConsidering the Largest Endowments
Donald Frey (Wake Forest University, Economics Professor) and Lynn Munson (formerly, National Endowment for the Humanities) wrote an op-ed piece in today’s Boston Globe challenging the conventional wisdom of eternal saving and endowment growth. They make the case that colleges and universities would make better more effective use of endowment monies by committing to spending [...]
Read MoreHolidays Are A Good Time to Work On Private School Applications
With the break from school and the slower routine, the end of year holidays provide a great time to make sure your ducks are in a row with respect to the private school application process. This is an overview of where you might expect to be if you’re on an ideal application calendar. If you’re [...]
Read MoreIt’s Tough. But, when we acknowledge the problem, we can work with it.
From hearsay to media reporting, the subject has found the light. The economic slowdown has, and will, affect private schools and their families. In an earlier post, we noted Trinity Pawling School Headmaster, Arch Smith’s open, honest letter on the matter; his was the first public discussion from a school administrator that we’d [...]
Read MoreContracting Budgets at the Collegiate and Secondary Levels Mean Something for Everyone in Private Education
Let’s be blunt; the crazy year in the financial markets is crushing and causing a wholesale resetting of budgets in priorities for everyone in tuition based education. Collegiate losses of endowment value and income are affecting college budget priorities and decisions. Wealthy, heavily endowed colleges and universities are paring back- beginning with (most [...]
Read MoreThoughts on the Opening of the Boarding School Financial Aid Season
The boarding school financial process officially kicked off this past Saturday (11/15) with the opening of the 2009-2010 PFS or Personal Financial Statement completion window. The PFS- the information or form gathered and processed by School and Student Service for Financial Aid (SSS)- is used to report family financial information to member schools. [...]
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