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A November 2024 article , from the Southern Association of Independent Schools (SAIS) highlights that total financialaid awarded by National Association of Independent Schools (NAIS) and SAIS schools has grown significantly over the past two decades, reflecting schools commitment to supporting families. million during the same period.
In recent years, there’s been a notable increase in families across various income levels seeking financialaid for private K-12 education. Private and independent K12 schools work to strategically allocate financialaid to maintain enrollment, foster diversity, and support students who need assistance the most.
For private K-12 schools, financialaid is more than just a means of helping familiesits a strategic asset that shapes enrollment, fosters diversity, and ensures the schools long-term financial health. Schools can outline: Eligibility criteria for need-based aid, merit scholarships, or other tuition assistance programs.
These students bring cultural diversity, academic excellence, and a broader worldview to the classroombut they also bring unique challenges when it comes to financialaid processing. According to ICEF Monitor, an estimated 54,560 international students were enrolled in U.S. For families who dont file U.S.
Summer is here, which means financialaid season is just around the corner, and many of you will be opening digital piles of applications in September. Taking a proactive approach to completing your K-12 financialaid prep tasks can help ease some of the burdens. How did your forecasting compare to actual results?
As schools handle sensitive information, such as family financial records and student data, it’s essential to prioritize cyber awareness and implement strong security measures. This is particularly crucial when it comes to financialaid solutions, which often involve collecting and storing highly sensitive information.
If you haven’t, take a look at your college’s reviews on Google, Niche, or social media—if there is negative feedback, it’s likely related to customer service mishaps like lost paperwork, slow responses, or unanswered questions. ".the Essentially, by spending less time on clerical tasks, students can spend more time on their studies.
Application season for financialaid is rapidly approaching. As a dedicated partner in your students’ success, School & StudentServices (SSS) is here to help you streamline the application process and ensure a smooth experience for both your institution and your students.
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