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Reply to "How much do you make and how much FA do you receive? "
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[quote=Anonymous][quote=Anonymous]I just read this in the Q&A section of our schools website. It specifically addresses the notion that those families who are full pay are subsidizing the tuition of those on financial aid: "As is the case in most independent schools, tuition income is simply not adequate to cover our operating expenses. This year the cost to educate each child is $5,050 more than the cost of actual tuition." There is it in black and white. If you are full pay, your tuition dollars are NOT subsidizing the education of a child receiving FA.[/quote] They account for financial aid into the entire budget then divide it let student, so yes financial aid IS accounted for in the budget. [/quote]
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