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Reply to "How is financial aid funded?"
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[quote=Anonymous][quote=Anonymous]At many privates, (full-pay) tuition alone does not really cover the full cost for that child. Most schools depend on donations, although a wealthy school might have some form of endowment which covers some or all of the gap.[/quote] If you look at 990s the cost of the kid covers their share program expense (i.e. total expenses divided by total number of kids). Total tuition does not cover total program expenses because of the amount of discounts [/quote]
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