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Reply to "Sidwell tuition increase"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]For the 7M in FA, how much of that, in percentage, goes to academic high achievers and how much of that goes to athletic recruit? For athletic recruit, does most of that money go to football, soccer and lacrosse?[/quote] How much of the $7 million for FA actually comes from tuition dollars? Everyone assumes that's where it all comes from while in reality it's likely heavily funded by a draw from the endowment that has been earmarked for just this purpose as well as ongoing donations that are restricted for FA. It's the same thing for new building costs -- by and large they are not getting covered through tuition. Without seeing the full Sidwell budget laid out with all of the revenue sources accounted for, you are missing a lot of important information and shouldn't assume that reducing FA or foregoing new construction would have much impact on tuition. [/quote] To solve the money issue, you only have what is in (revenue) and what is out (cost). The board cannot control how much people are willing to donate. All they can control is either increasing tuition ( which you must pay if you want to stay) or decreasing cost. If many current families cannot afford the continued increase in tuition, why giving out such a large FA?[/quote]
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