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Private & Independent Schools
Reply to "How is financial aid funded?"
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[quote=Anonymous][quote=Anonymous]Tuition income at our k8 covers about 80% of the schools operating costs. Those costs include FA but also overhead like utilities, obviously teacher and staff salaries, field trips, equipment, maintenance, etc, and of course FA. Unless a donor earmarks money for a specific purpose, it all goes into the same pot. For those folks who absolutely can’t stand the idea of their money going to FA for anyone less “worthy” in their eyes than the 4-generation, 12-member household living in a 1-bedroom apartment on food stamps, you can always earmark your donation to go to a specific thing other than the general fund. [/quote] No one here says families receiving FA are less "worthy" - that's actually your words. But please do not distort the truth. [/quote]
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