Reply to How is financial aid funded?

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][b]Tuition income at our k8 covers about 80% of the schools operating costs[/b]. 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]

People are not arguing whether the total tuition money covers the total school operating cost.  Of course, it doesn't, and that's why schools have other income sources  The argument here is whether a full pay tuition covers a student's cost, and the answer is yes.  Families receiving FA should not feel ashamed - if the school gives it to you, you deserve it.  But twisting the truth is a different thing.[/quote]
Because you can’t separate the direct cost of your child’s education from the additional indirect costs of the school. If you divide the cost to run the school for a year by the number of students in the school, there’s your actual average cost of educating each student. And tuition doesn’t cover that whole cost. [/quote]

Nonsense.  The cost to educate one child does not include the financial aid budget for the whole school, or other budget items that are completely irrelevant to that one child.[/quote]

+1. [/quote]

Every other thing at the school that is NOT the financial aid budget is relevant to that one child though. And your tuition still doesn't cover all of that.  [/quote]

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