Reply to The Annual Waitlist / Waiting Pool Reality Check Thread

Forum Index » Private & Independent Schools

Reply to "The Annual Waitlist / Waiting Pool Reality Check Thread"

Subject:

Emoticons





More smilies

Text Color: Font: Close Marks

[quote=Anonymous][quote=Anonymous]I bet there is more movement this year than usual as there will be families who lose their income due to the RIFs at federal agencies and contractors. It's probably the contractor cuts that will have a greater impact on the private school community and there will be very deep ones coming (based on the statement made by the government this week.)

I'm a current family and we are waiting to see where we stand by June 1. If our income is cut significantly or is looking like it will be very unstable we'll withdraw.

That said--everyone should be aware that once the contracts lock on June 1, you will be in for the tuition money for the year and the schools WILL come after you for it, even if there is complete job loss. They have very little to no financial aid available for emergency situations like this. We spoke to our school (a top private) and they were clear: we will not forgive the tuition or make exceptions even if you don't have a dime to your name--we have staff to pay. Understandable for sure!!  But before signing, make sure you know that there is no escape hatch or safety net after June 1.

It's a crazy time. Good luck to all and I hope that our kids all land in an ideal spot for 25-26!![/quote]

I agree that there could be more WL movement this year. [/quote]

Options

	Disable HTML in this message
	Disable BB Code in this message
	Disable smilies in this message

Review message

Search Recent Topics Hottest Topics