Reply to How much do you donate to your school’s annual fund every year?

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[quote=Anonymous][quote=Anonymous][quote=Anonymous]We used to donate 1K to 2K at our first school which [b]claimed $2500 was the 'gap' amount between the actual cost of educating a child and the tuition[/b]. That was in another city. Now we are at a different private school that is more established (with an endowment). No pressure to give a certain 'gap' amount. We gave only $500 because of an unexpected financial situation. [/quote]

Heard of this a lot, but never understand.  Is the $2500 gap for a full pay student?   Is the gap also $2500 for a financial aid student?  or ($2500+amount of aid) for a financial aid student?

For example, if the tuition is $45,000, then for a full pay student, the actual cost of education should be $47,500 based on the claim of the $2500 gap.  A FA student gets $20,000 on aid and pays $25,000 tuition.  What the gap for the FA student?  $2500 or $22,500?  Sounds like $22,500 because the actual cost of education is $47,500 and the student pays $25,000 in tuition.

Can anyone explain this to me? [/quote]

It’s the same about for all students it’s the cost to educate each student minus the tuition. At some of the big 3 schools the gap is $5000[/quote]

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