The National Association of Independent Schools found the average day school receives 14.3 percent of its income outside of tuition and donations, while that figure for boarding schools stands at 18.2 percent. While focusing Accounts Receivable (AR) operations on...
One of the most time-consuming and error-prone tasks is tracking payments—whether it’s for tuition, fees, or extracurricular activities. Traditional methods of payment tracking, such as manually updating spreadsheets, are common in many private schools. While...
Research from US News found the average private school tuition sits around $12,000 per student per year, but combined with the many necessary fees, an average family pays just over $16,000 per child. Private and independent K-12 schools face numerous challenges in...
As private schools plan for summer camp activities, they are no doubt excited for the opportunity to further engage students, create exciting learning experiences, and generate additional revenue. But for schools that don’t have an efficient payment system in place,...
The National Association of Independent Schools (NAIS) reports a nine-percent year-over-year increase in contributions to Donor-Advised Funds for K-12 use. What are these new sources of private school funding, and how can administrators utilize their powers? In...
According to the most recent data from the National Association of Independent Schools (NAIS), eight percent of private school alumni and 8.2 percent of their parents and grandparents donated to their alma mater. Fostering relationships with graduates and former...
