Author Topic: How should schools and parents deal with tuition?  (Read 20964 times)

Offline Yonah

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Re: How should schools and parents deal with tuition?
« Reply #150 on: April 06, 2020, 02:40:21 PM »
Part of the X amount for full year is "this is our operation calendar that covers amount of days we are open and closed, with the allowance / exception that we may be closed for an extra few days if something like a major snowstorm type thing happens".

They count all the open days, assign daily cost / value = total for the year. Monthly installments is just splitting the bill.
All good points - they also probably cover a contingency of some sort of virtual classes if the building can't be opened. I would also imagine that whatever 'variable' days there are in the schedule for weather-releated closures, those have probably been used by this point.


Personally, my kids preschool (closed halfway through March) said:
A: We're keeping all tuition for March. We can provide tax deductible receipts for the associated weeks that school was closed since "goods not received".
B: We're not charging anything for April, until we know if / when we're reopening (if open for partial, will prorate those weeks).
C: Together with both of those, please whoever can, feel free to donate to us some / full / extra tuition to help support our teachers and staff during this trying time.
Does this mean that all teachers are not being paid?

Offline ari3

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Re: How should schools and parents deal with tuition?
« Reply #151 on: April 06, 2020, 04:41:53 PM »
I received a letter from my daughters school asking if possible can I prepay tuition thru the end of the year so they can pay the teachers. (I already paid April, I often pay a few months at a time). I thought that was a backhanded way to make themselves a מוחזק for any financial שאלות that are sure to come up.

Offline 12HRS

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Re: How should schools and parents deal with tuition?
« Reply #152 on: April 06, 2020, 05:56:13 PM »
I received a letter from my daughters school asking if possible can I prepay tuition thru the end of the year so they can pay the teachers. (I already paid April, I often pay a few months at a time). I thought that was a backhanded way to make themselves a מוחזק for any financial שאלות that are sure to come up.

or maybe they are really just trying to make ends meet? Thanks for the idea. I will be calling my school and offering that to them so they can pay their teachers for yom tov!

Offline moko

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Re: How should schools and parents deal with tuition?
« Reply #153 on: April 06, 2020, 06:22:27 PM »
Why aren't schools taking advantage of PPP ? This should be a no brainer for almost every school. The issue I'm struggling with at my organization, is the 2 month payroll comes right up to June when we furlough half our hourly employees every year for two months (college break). But if schools pay teachers salaries based on 12 months, then PPP is a no brainier...
Using your g-d given right of stupidity is an option, not a requirement. Please use sparingly.

Offline SamCan

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Re: How should schools and parents deal with tuition?
« Reply #154 on: April 06, 2020, 06:31:06 PM »
Why aren't schools taking advantage of PPP ? This should be a no brainer for almost every school. The issue I'm struggling with at my organization, is the 2 month payroll comes right up to June when we furlough half our hourly employees every year for two months (college break). But if schools pay teachers salaries based on 12 months, then PPP is a no brainier...

Many of them probably are, and will charge tuition anyway.

Offline yitzgar

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Re: How should schools and parents deal with tuition?
« Reply #155 on: April 06, 2020, 06:45:23 PM »
Many of them probably are, and will charge tuition anyway.
My child's school is getting ppp and said they will not cash checks

Offline ltttc

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Re: How should schools and parents deal with tuition?
« Reply #156 on: April 06, 2020, 09:59:15 PM »
Why aren't schools taking advantage of PPP ? This should be a no brainer for almost every school. The issue I'm struggling with at my organization, is the 2 month payroll comes right up to June when we furlough half our hourly employees every year for two months (college break). But if schools pay teachers salaries based on 12 months, then PPP is a no brainier...
PPP wont cover parsonage which is about 50% of payroll for many schools. In addition, they won't be getting it before 2 weeks at earliest. Can't pay teachers before y"t in that case.

Offline Mordyk

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Re: How should schools and parents deal with tuition?
« Reply #157 on: April 06, 2020, 11:21:10 PM »
PPP wont cover parsonage which is about 50% of payroll for many schools. In addition, they won't be getting it before 2 weeks at earliest. Can't pay teachers before y"t in that case.
Source?  This is a piece of information that i need adsp

Offline ltttc

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Re: How should schools and parents deal with tuition?
« Reply #158 on: April 07, 2020, 12:01:31 AM »
Source?  This is a piece of information that i need adsp
Ask your accountant. That's what my accountant told me. (I confirmed with Roth and Co)

Offline zh cohen

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Re: How should schools and parents deal with tuition?
« Reply #159 on: April 07, 2020, 12:07:38 AM »
Ask your accountant. That's what my accountant told me. (I confirmed with Roth and Co)

FWIU there is no official guidance on this yet. Some banks are including parsonage as Payroll for the loan amount calculation.

Offline knowitall

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Re: How should schools and parents deal with tuition?
« Reply #160 on: April 07, 2020, 12:10:03 AM »
Source?  This is a piece of information that i need adsp
I spoke to a school administrator just now. He said it isnít clear yet but highly unlikely parsonage would be included. Btw He said cross river bank is not letting schools put parsonage on the application.

Offline ltttc

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Re: How should schools and parents deal with tuition?
« Reply #161 on: April 07, 2020, 12:15:20 AM »
FWIU there is no official guidance on this yet. Some banks are including parsonage as Payroll for the loan amount calculation.
That would be amazing! Which banks are allowing parsonage to be included?

Offline zh cohen

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Re: How should schools and parents deal with tuition?
« Reply #162 on: April 07, 2020, 12:18:15 AM »
That would be amazing! Which banks are allowing parsonage to be included?

Don't know. This is what I was told;

Quote
Heard from several small banks who ARE accepting it (when well documented).  Others who are NOT.

Offline ltttc

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Re: How should schools and parents deal with tuition?
« Reply #163 on: April 07, 2020, 12:22:06 AM »
Don't know. This is what I was told;
If you know of any specific banks, please update us

Offline Shmobaum

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Re: How should schools and parents deal with tuition?
« Reply #164 on: April 24, 2020, 01:53:33 AM »
Rav Asher Weiss said that for morahs: 25% pay
For melamdim: 50% pay.