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Reply to "s/o of SSFS closing"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]It is always a good idea to check the 990 forms for the schools you are considering. Not all schools have them because many get a religious exemption. My two favorite data points endowment and financial aid numbers. How is the endowment fund total trend? [b]I think endowments are what help schools weather ups and downs. [/b] I also like to look at the financial aid total divided by the listed number of recipients. A healthy school will have about 1/4 of the student body receiving an average of 50% aid. Some schools might be able to swing more, especially those with large endowments. [/quote] That isn't how endowments work. Most of the funds in endowments ar earmarked for very specific programs or uses.[/quote] That’s not true - a large endowment 100% provides a cushion in hard times - we’ve seen this in action[/quote] There are some universities that can self fund. Maybe a couple of exceptional boarding schools. The private schools in the DMV have endowments that range from ok to paltry. [/quote] You have an odd definition of "ok to paltry" Episcopal $230M Madeira $140M (including $60M single anonymous gift this year) Sidwell $81M [/quote]
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