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 |
|---|---|---|---|
| Under 50k | 55 | 11,000 | 9,000 |
| 50k-82k | 35 | 7,000 | 13,000 |
| 82k-123k | 20 | 4,000 | 16,000 |
| 123k-159k | 12 | 2,400 | 17,600 |
| 159-199k | 5 | 1,000 | 19,000 |
| Over 200k | 0 | 0 | 20,000 |
Sibling discounts
| # of Kids Enrolled | Discount on annual fees |
|---|---|
| 1 | 0% |
| 2 | 5% |
| 3 | 35% |
| 4+ | 50% |
