More students than scholarships?

The Orthonomics blog debates Johanna Ginsberg’s recent article saying local day school enrollments are holding steady but scholarship requests are soaring. Orthonomics ask, what if all these family enroll, but eventually realize they can’t meet the monthly tuition bill and the schools run out of scholarship money? If budgets and contracts are set on the basis of enrollment, isn’t it a disaster waiting to happen?

It seems that in many private schools, monthly payments are the exception, rather than the rule). In Jewish schools, the scholarship process follows/runs parallel to the application process. In the past, perhaps, this has worked just fine, but for the upcoming school year of 2009-2010, it is looks like this process could turn disasterous. Remember, that while the scholarship committees are trying to figure out how to distribute the limited discounts/scholarship dollars, the school is in the midst of their hiring and contract process. 

Incidentally, the Times has a piece today on this issue as it affects a private college, and how the school decided during the admissions process to say no to otherwise qualified kids who couldn’t pay.

Check out the interesting comments that follow the Orthonomics post.

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