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A central barrier to racial and socio-economic diversity at independent schools is the cost of attendance, and indexed tuition is one way to attract a wider array of families. This implementation guide contains an overview of indexed tuition models, as well as key considerations and milestones in making a change from a traditional financial aid model.
EAB’s John Workman and Michael Fischer examine similarities and important differences in how the pandemic is impacting U.S. colleges vs. those in Canada, the UK, Australia, and New Zealand.
Numerous institutions have already announced tuition discounts, from Williams College to Hampton University. Campus activity and athletic fees will become easy targets, since students will lack access to campus amenities that those fees subsidize. Some institutions are also considering the elimination of online fees.
The resources on this page provide leaders with a framework to approach cost optimization, platform demonstrations and step-by-step guides to apply analyses, and best practice strategies to consider.
Although the financial impacts of COVID-19 on the fall 2020 term are uncertain, one thing for certain is institutions are planning for multiple scenarios of what their campus could look like in the future. In every scenario, budget shortfalls are expected. Use this four-tiered framework to help identify cost optimization opportunities.
Key lessons for independent school leaders about financial aid and tuition during the COVID-19 crisis
On May 27th, EAB held a webinar for independent school enrollment managers and CFOs to discuss financial aid and tuition strategies in response to COVID.
To learn more about how higher education leaders are similarly seizing new strategic opportunities to thrive in a post-pandemic world, I sat down with EAB’s Senior Vice President of Research, Melanie Ho.
On December 21, 2020, Congress finalized a new stimulus package and federal budget in the Consolidated Appropriations Act of 2021 to provide another round of relief to the US economy. While this latest relief package is far smaller and later than many of us would have hoped for, higher education leaders can expect some additional federal assistance to start 2021.
Explore 3 questions guiding fall semester 2020 scenario planning, and emerging trends in how colleges and universities are responding to the uncertainty.
Challenges from the COVID-19 crisis and subsequent economic turmoil have threatened enrollment and retention at independent schools across the country. Schools everywhere face uncertainty about whether families will re-enroll amid increasing financial strain and historic unemployment rates. To be able to conduct scenario planning amid this uncertainty, independent schools should use employment data to more accurately project enrollment trends in the months ahead.