Tuition Discounting Report (nonmember price)

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Tuition Discounting Report (nonmember price)

for PK-12 Independent Schools: 2021-2023

Author(s): Elizabeth Dabney

Publication date: August 2024
Print ISBN: NBOA13

NBOA’s Tuition Discounting Report analyzes national trends in tuition discounting rates; types of tuition discounting; students receiving discounts; funding need-based financial aid and merit aid, as well as trends in enrollment, tuition and fees and discounting. The report also includes formulas to help schools calculate their overall tuition discount rate and discount rates by division, and a benchmarking worksheet that includes strategic discussion questions. The fully updated report is based on financial data from 439 member schools in NBOA’s Business Intelligence for Independent Schools (BIIS) data reporting platform.

This nonmember version combines the full report with the boarding supplement. The boarding school supplement provides analysis of the key indicators of tuition discounting using only the data from schools with a boarding component. Schools with boarding often operate at a different scale than day schools, and the companion report allows schools with boarding to focus on the results of this analysis specific to their operational context.

Note: NBOA members receive this report free as a member benefit. This online eBook can be read in any browser, desktop or mobile. Only 20% of the eBook may be printed.

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Publisher: National Business Officers Association
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Elizabeth Dabney

Elizabeth Dabney, NBOA’s senior director, research and data analysis, prepared this report.