DESCRIPTION
HOW CAN YOUR SCHOOL PROVIDE A QUALITY EDUCATION, YET REMAIN AFFORDABLE?

This book won’t provide “the answer” to that question for all schools, but it explores ways to think about questions that may lead to several answers for independent schools. In this book, some of the best minds in our NAIS school world share with you their own stories of keeping true to their mission while ensuring the financial sustainability of their schools. Leaders in the field of school finance share with you trends in our industry and explore ways to provide your school families with a high-quality education while seeking to enhance revenue and contain costs. Experts in the area of marketing our schools provide insights into how we can help our constituents see the value of what we independent school educators do best. And experts in the area of pedagogy provide stories of ways in which their schools have become exemplary places dedicated to social justice, places where the future leaders of our 21st-century world can learn and grow in the kind of richly diverse environment that will prepare them to succeed.

NAIS’s new book, Affordability and Demand: Financial Sustainability for Independent Schools, addresses the imperative to re-engineer the independent school financial model. According to NAIS President Pat Bassett, independent schools must “achieve financial sustainability in the face of 20 years of hyperinflationary tuition increases and in the context of reaching the price breakpoint in many markets.” Fourteen chapters by experts in the field focus on affordability challenges, strategies in tuition pricing, cost containment, revenue growth, and measuring progress. In addition, there are case studies from independent schools that have successfully forged financially sustainable programs. Use this book as a companion to NAIS’s 2006 publication, Financing Sustainable Schools: Six Steps to Re-Engineering Your School’s Financial Future.

View the Affordability and Demand table of contents.

TOPIC
Finance and Management