Tuition vs. financial aid discounting. (Letters).
I enjoyed your editor's note in this month's issue.
Pricing tuition and managing a financial aid discounting program is
quite an art, especially for a college like ours that has virtually no
endowment. Students and parents expect to be rewarded for scholarship
and participation in activities, and also be assisted with financial
need, as they define it, not as the government defines it. How can we
find the acceptable operating level where we provide quality education
(so that graduates will be marketable in the labor pool), sustain our
mission as a Christian college without compromise, and give students an
overall good college experience? We always think we know what the
successful formula is, but obtaining a few of the variables always seems
to be elusive.
Put us on your list for your kids. We'll work with
[applicants] on [their] "creative financing" strategies.[They]
may not even need a "shoe-horn."
MR. KIRBY FADENRECHT
VP, Business and Finance