Author Topic: How should schools and parents deal with tuition?  (Read 19395 times)

Online aygart

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Re: How should schools and parents deal with tuition?
« Reply #285 on: May 05, 2020, 05:15:16 PM »
I understand. I also know that some parents stopped paying cold turkey despite numerous attempts to reach out and discuss what works for them.

Sounds like the "Its a halacha question and don't do anything unilaterally" was only meant in one direction.
The thing with the hamster is that running on the wheel is actually what it is trying to do.

Online aygart

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Re: How should schools and parents deal with tuition?
« Reply #286 on: May 05, 2020, 05:22:47 PM »
Just got this text from my daughter's high school. (she has so many conferences at all hours that my wife sometimes wishes she had less.)
Quote
Please be advised that __________ will not be charging lunch fees for the months of April, May and June. A credit will be applied to your account to reflect this amount. Any future credit card payments will be adjusted accordingly. If you have any questions please contact the business office.
The thing with the hamster is that running on the wheel is actually what it is trying to do.

Offline grodnoking

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Re: How should schools and parents deal with tuition?
« Reply #287 on: May 05, 2020, 06:05:42 PM »
All accredited (higher ed) yeshivos just got a $500,000 lump sum grant from the CARES act, even the tiny ones with 20 or 30 guys total. The $500,000 is total so any yeshiva that got under $500,000 in the first round of CARES funding now got enough to top them out at $500,000.

https://www.google.com/amp/s/www.forbes.com/sites/wesleywhistle/2020/05/02/betsy-devos-sends-coronavirus-money-to-help-tiny-colleges-did-they-need-it/amp/
I complained previously that i was in a category of people that simply got nothing from all this, besides the future consequences. but because of this I may IY"H walk out with more than most people. If the yeshiva has to give more than 50 percent to the student and there are only around 50 qualifying students in the program, I one of them, math says I will be getting a significant amount of "aid".
I'm not who you think I am.

Offline gozalim

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Re: How should schools and parents deal with tuition?
« Reply #288 on: May 05, 2020, 06:30:09 PM »
If the yeshiva has to give more than 50 percent to the student
good luck with that

see: pell grant
« Last Edit: May 05, 2020, 09:00:14 PM by gozalim »

Offline grodnoking

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Re: How should schools and parents deal with tuition?
« Reply #289 on: May 05, 2020, 06:37:25 PM »
good luck with that

see: pell grant
Not sure what you are trying to point out. Atleast half the money is to be distributed by the college at it's own discretion, to full time, american citizen students, who are acquiring a bachelor's degree, but I dont believe it has to be students already getting a pell grant.
I'm not who you think I am.

Offline Yard sale

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Re: How should schools and parents deal with tuition?
« Reply #290 on: May 05, 2020, 07:20:01 PM »
I complained previously that i was in a category of people that simply got nothing from all this, besides the future consequences. but because of this I may IY"H walk out with more than most people. If the yeshiva has to give more than 50 percent to the student and there are only around 50 qualifying students in the program, I one of them, math says I will be getting a significant amount of "aid".
The 500k is funds that go 100% to the institutions

Offline knowitall

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Re: How should schools and parents deal with tuition?
« Reply #291 on: May 05, 2020, 07:33:22 PM »
Sounds like the "Its a halacha question and don't do anything unilaterally" was only meant in one direction.
ummmmm.......
ever heard of the concept of muchzak?

Online aygart

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Re: How should schools and parents deal with tuition?
« Reply #292 on: May 05, 2020, 07:55:12 PM »
ummmmm.......
ever heard of the concept of muchzak?
Seems that you don't understand it.
The thing with the hamster is that running on the wheel is actually what it is trying to do.

Offline grodnoking

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Re: How should schools and parents deal with tuition?
« Reply #293 on: May 05, 2020, 08:01:36 PM »
The 500k is funds that go 100% to the institutions
Hmmm, I read it as the 500k is a top off to the original hand out, which even thou was given to the institution, the institution was required to give at least half directly for student use.
And re the pell grant mentioned before, it seems like the amount given was based on pell and non pell students (75/25) but the top off is regardless as long as under 500k it is topped of to that amount.
I'm not who you think I am.

Offline Yard sale

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Re: How should schools and parents deal with tuition?
« Reply #294 on: May 05, 2020, 10:08:45 PM »
Hmmm, I read it as the 500k is a top off to the original hand out, which even thou was given to the institution, the institution was required to give at least half directly for student use.
And re the pell grant mentioned before, it seems like the amount given was based on pell and non pell students (75/25) but the top off is regardless as long as under 500k it is topped of to that amount.

Nope, these particular funds can be used for salaries and other purposes. There is no requirement that they be disbursed to students.

Offline grodnoking

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Re: How should schools and parents deal with tuition?
« Reply #295 on: May 05, 2020, 10:39:16 PM »
Nope, these particular funds can be used for salaries and other purposes. There is no requirement that they be disbursed to students.
Do you have a link for the rules of this grant?
I'm not who you think I am.

Online aygart

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Re: How should schools and parents deal with tuition?
« Reply #296 on: May 06, 2020, 11:34:45 AM »
My guess is that schools are still offering services, often which are harder to prepare than regular classes, and they expect full tuition. Here is a quote from yesterday on Hefkervelt:
Quote
From a Lakewood  yeshiva on paying tuition: "The bulk of the Yeshiva budget is the salaries of Rebbeim, Teachers and Faculty. Our primary savings these past weeks has been on utilities and cleaning costs which make up for approximately 4% of our annual budget. To put this in perspective, since Yeshiva closed we saw a reduction of $60,000 of expenses out of our $11.6 budget. To contrast this with our income, In April alone we saw a reduction of $300,000 out of our projected April income. Needless to say, it is only you who can help us keep Yeshiva afloat. We will not be charging lunch fees for April-June and in the event you were charged, they will be credited to your account."
If you want to respond to this, I would suggest you do it on the designated thread though...
This seems very in line with what I have been saying the entire time. It was SO obvious.
The thing with the hamster is that running on the wheel is actually what it is trying to do.

Online Euclid

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Re: How should schools and parents deal with tuition?
« Reply #297 on: May 06, 2020, 11:46:00 AM »
If you want to respond to this, I would suggest you do it on the designated thread though...
This seems very in line with what I have been saying the entire time. It was SO obvious.

Why is there no mention of the government assistance that they are receiving meant to supplement/replace lost revenue?

Online aygart

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Re: How should schools and parents deal with tuition?
« Reply #298 on: May 06, 2020, 12:18:32 PM »
Why is there no mention of the government assistance that they are receiving meant to supplement/replace lost revenue?
Will they? If and when they do will it come anywhere close to replacing the lost revenue? Was that included already in the calculation (if yes it should have been communicated)?
The thing with the hamster is that running on the wheel is actually what it is trying to do.

Online Euclid

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Re: How should schools and parents deal with tuition?
« Reply #299 on: May 06, 2020, 12:26:23 PM »
Will they? If and when they do will it come anywhere close to replacing the lost revenue? Was that included already in the calculation (if yes it should have been communicated)?
Yes, PPP will cover this; and no school (to my knowledge) has communicated this to their student families. Heard from one executive director that he plans to use PPP in lieu of fundraising they would usually do for scholarship (which seems wrong to me - PPP is meant to supplement payroll, not to be used as a new source of revenue.)