Book Description
Tuition, supplemented by income from auxiliary programs such as extended day and summer programs, is how you fund your school. But how do you use tuition to sustain education excellence over time? The Tuition Book: Theory, Implementation, and Financial Aid is your comprehensive resource guide. It provides solid research in tuition setting and proven techniques for implementation that will support your school in remaining viable and on mission. An examination of financial aid policy addresses need-based aid, merit scholarships, financial aid processing, financial aid to further mission, tuition remission vs. financial aid, and much more. The Tuition Book will help your school charge the right tuition and establish positive financial aid policies to keep it on a solid footing for years to come. The Tuition Book guides you through mission-based tuition setting, and helps you to: Define your school type before setting price; Keep your school "accessible"; Examine the erroneous premises employed in tuition setting; Deal with hidden inflation; Announce tuition and guide parents through increases; Increase income from tuition; Educate parents to shift them from "contract" to "community" thinking; Project enrollments for your budget, and flex student numbers per grade; Find "hidden" space in your school; Learn strategies for investing short-term funds; Gain many more insights to help you set appropriate tuition and develop financial strategies. - Publisher