Is your school “too generous”

[Anonymous]

Anonymous wrote:You have no idea if the school could even enroll more full pay students, and too high a concentration of full pay students may make the school less elite and selective. If you want an elite school, you have to fill it with elite students, and there are only so many rich ones to go around. Plus the rich ones don’t want to go to school with exclusively rich kids.

There are a lot of good reasons to want a diverse student body but if you want a crass one, which seems to be the OP’s vibe, you can’t sell a story of merit based, selective admissions in a K12 if you only admit full pay students.

Yes. Many of the aid families have the exceptional kids who are subsidized by the wealthy kids in the middle of the pack. I have one of them and we know most of the others.

[Anonymous]

Fun Fact: The only way the Financial Aid budget actually costs the school any money is if they reject a full-pay kid in favor of a kid who receives Financial Aid. Then there is lost revenue. But then you also have a school full of unqualified rich kids. Otherwise, Financial Aid doesn't actually cost the school any money - a teacher gets paid the same amount whether she is teaching a class full of 9 Full Pay students and 0 Financial Aid students or 9 Full Pay students and 6 students who are paying half-tuition (who bring in the equivalent of 3 full-pay tuitions)

[Anonymous]

Anonymous wrote:Fun Fact: The only way the Financial Aid budget actually costs the school any money is if they reject a full-pay kid in favor of a kid who receives Financial Aid. Then there is lost revenue. But then you also have a school full of unqualified rich kids. Otherwise, Financial Aid doesn't actually cost the school any money - a teacher gets paid the same amount whether she is teaching a class full of 9 Full Pay students and 0 Financial Aid students or 9 Full Pay students and 6 students who are paying half-tuition (who bring in the equivalent of 3 full-pay tuitions)

what?

[Anonymous]

Anonymous wrote:

Anonymous wrote:Fun Fact: The only way the Financial Aid budget actually costs the school any money is if they reject a full-pay kid in favor of a kid who receives Financial Aid. Then there is lost revenue. But then you also have a school full of unqualified rich kids. Otherwise, Financial Aid doesn't actually cost the school any money - a teacher gets paid the same amount whether she is teaching a class full of 9 Full Pay students and 0 Financial Aid students or 9 Full Pay students and 6 students who are paying half-tuition (who bring in the equivalent of 3 full-pay tuitions)

what?

Why do airlines sell some tickets for a lower price than others? Because they want to generate revenue from every available seat. Same goes for private school financial aid. Very few students receive 100% financial aid. The others are actually providing revenue to the school, even if they are only paying $30,000 instead of the full $60,000 sticker price.

[Anonymous]

Anonymous wrote:Fun Fact: The only way the Financial Aid budget actually costs the school any money is if they reject a full-pay kid in favor of a kid who receives Financial Aid. Then there is lost revenue. But then you also have a school full of unqualified rich kids. Otherwise, Financial Aid doesn't actually cost the school any money - a teacher gets paid the same amount whether she is teaching a class full of 9 Full Pay students and 0 Financial Aid students or 9 Full Pay students and 6 students who are paying half-tuition (who bring in the equivalent of 3 full-pay tuitions)

Nice fantasy that all the rich kids are dumb and the poor are brilliant. You should stick to topics you understand.

[Anonymous]

Anonymous wrote:

Anonymous wrote:You have no idea if the school could even enroll more full pay students, and too high a concentration of full pay students may make the school less elite and selective. If you want an elite school, you have to fill it with elite students, and there are only so many rich ones to go around. Plus the rich ones don’t want to go to school with exclusively rich kids.

There are a lot of good reasons to want a diverse student body but if you want a crass one, which seems to be the OP’s vibe, you can’t sell a story of merit based, selective admissions in a K12 if you only admit full pay students.

Yes. Many of the aid families have the exceptional kids who are subsidized by the wealthy kids in the middle of the pack. I have one of them and we know most of the others.

NP here. I am happy to have super smart kids receive financial aid. I am less happy for the family with 4 kids with a huge house and a much nicer car than mine receive aid.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Fun Fact: The only way the Financial Aid budget actually costs the school any money is if they reject a full-pay kid in favor of a kid who receives Financial Aid. Then there is lost revenue. But then you also have a school full of unqualified rich kids. Otherwise, Financial Aid doesn't actually cost the school any money - a teacher gets paid the same amount whether she is teaching a class full of 9 Full Pay students and 0 Financial Aid students or 9 Full Pay students and 6 students who are paying half-tuition (who bring in the equivalent of 3 full-pay tuitions)

what?

Why do airlines sell some tickets for a lower price than others? Because they want to generate revenue from every available seat. Same goes for private school financial aid. Very few students receive 100% financial aid. The others are actually providing revenue to the school, even if they are only paying $30,000 instead of the full $60,000 sticker price.

You assume the seats would otherwise be unsold. Good schools turn away qualified full pay students all the time. Not the same at all.

[Anonymous]

Anonymous wrote:

Anonymous wrote:You have no idea if the school could even enroll more full pay students, and too high a concentration of full pay students may make the school less elite and selective. If you want an elite school, you have to fill it with elite students, and there are only so many rich ones to go around. Plus the rich ones don’t want to go to school with exclusively rich kids.

There are a lot of good reasons to want a diverse student body but if you want a crass one, which seems to be the OP’s vibe, you can’t sell a story of merit based, selective admissions in a K12 if you only admit full pay students.

Yes. Many of the aid families have the exceptional kids who are subsidized by the wealthy kids in the middle of the pack. I have one of them and we know most of the others.

But are they qualified or not? Why are yours more deserving? You're just trying to justify your own handouts.

[Anonymous]

I thought there might be an opportunity to discuss the reality of enrollment management here but I now understand this thread is about thinly veiled racism. Bye!

[Anonymous]

OP should make a donation earmarked for buildings, salaries, or programs. Be the change you want to see, right?

[Anonymous]

Anonymous wrote:I thought there might be an opportunity to discuss the reality of enrollment management here but I now understand this thread is about thinly veiled racism. Bye!

Why racism ? People that receive aid typically are from different races including Caucasian.

[Anonymous]

Anonymous wrote:OP should make a donation earmarked for buildings, salaries, or programs. Be the change you want to see, right?

I am sorry, I don’t have much more than the 60k i pay for tuition to make a dramatic difference in how things are run in the school.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Fun Fact: The only way the Financial Aid budget actually costs the school any money is if they reject a full-pay kid in favor of a kid who receives Financial Aid. Then there is lost revenue. But then you also have a school full of unqualified rich kids. Otherwise, Financial Aid doesn't actually cost the school any money - a teacher gets paid the same amount whether she is teaching a class full of 9 Full Pay students and 0 Financial Aid students or 9 Full Pay students and 6 students who are paying half-tuition (who bring in the equivalent of 3 full-pay tuitions)

what?

Why do airlines sell some tickets for a lower price than others? Because they want to generate revenue from every available seat. Same goes for private school financial aid. Very few students receive 100% financial aid. The others are actually providing revenue to the school, even if they are only paying $30,000 instead of the full $60,000 sticker price.

That’s not a great analogy. Schools here could easily fill up their “seats” with full-pay students.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:You have no idea if the school could even enroll more full pay students, and too high a concentration of full pay students may make the school less elite and selective. If you want an elite school, you have to fill it with elite students, and there are only so many rich ones to go around. Plus the rich ones don’t want to go to school with exclusively rich kids.

There are a lot of good reasons to want a diverse student body but if you want a crass one, which seems to be the OP’s vibe, you can’t sell a story of merit based, selective admissions in a K12 if you only admit full pay students.

Yes. Many of the aid families have the exceptional kids who are subsidized by the wealthy kids in the middle of the pack. I have one of them and we know most of the others.

NP here. I am happy to have super smart kids receive financial aid. I am less happy for the family with 4 kids with a huge house and a much nicer car than mine receive aid.

These threads always come down to house envy

Look, the school sees a benefit in enticing that family to attend. There are many possible reasons but a big one is probably that 4 partial tuitions is more than your 1 or 2 full tuitions.

The school is a business. FA is how it attracts and keeps the students it wants. If you don't feel wanted, maybe look elsewhere, but don't pretend FA is some kind of scam being run by people you think look richer than you.

[Anonymous]

Anonymous wrote:

Anonymous wrote:OP should make a donation earmarked for buildings, salaries, or programs. Be the change you want to see, right?

I am sorry, I don’t have much more than the 60k i pay for tuition to make a dramatic difference in how things are run in the school.

Have you applied for FA?
Or are you one of those people who's too proud to apply, but then mad other people do?