Oftentimes, historic schools will create a scholarship fund to provide financial assistance to students who may otherwise be unable to afford tuition. If you’re thinking about a scholarship fund, the below may help: Clarify the purpose of the scholarship fund: identify the specific goals, such as supporting academically gifted students, students with financial need, or […]
10 Steps to Develop a Scholarship Fund Read More »
Some small schools will choose to use resources like ISM Fast to determine parents ability to pay whereas others will use a sliding scale based on income only with discounts for siblings. Below are a few tables as an example: Based on annual tuition of 20k Family’s combined income Discount % Discount $ Tuition Due
Tuition Discounting & Scholarships Read More »
Financial planning in a small school requires considering various factors, such as your school’s financial needs, the cost of operating the school, the local market, and the ability of families to pay in order to appropriately structure tuition and school fees. Below are some approaches for structuring tuition in a small school: Determine your expenses:
Structuring Tuition 101 Read More »
There are several grants available for educational entrepreneurs who are looking to start or expand their educational initiatives. Here are some examples of grants that you may consider applying for: VELA Education Fund: This organization supports thousands of independent operators who facilitate learning outside the traditional bounds of ‘school.’ Yass Prize: This prize is awarded
Grants & Funding for Micro Schools Read More »