A Different Approach to Financial Aid

This post is written by Tabitha Jorgensen, a current member of our Board of Trustees.  Tabitha previously served as our  Admissions Coordinator, welcoming new families to Meadowbrook for more than 14 years.

Part of the Mission Statement of the Meadowbrook Waldorf School reads, “We strive to offer this education to those who seek it here…” One of the ways MWS supports this part of the mission is through financial aid, and like many things at a Waldorf School, we do it a little differently. For one thing, we call it “adjustment” not “aid,” and this is quite purposeful.

image.jpeg

A more traditional financial aid system works something like this: The school has a line item in their budget designated for financial aid. This is a specific amount of money set aside and given out to families who qualify. Once the limit is met, the school generally won’t give out any more. The allocated amount can be adjusted during budget planning, but generally not during the school year.

At Meadowbrook we don’t have a budgeted line item for financial aid. So how do we responsibly budget this way? How do we meet the needs of our community members for whom full tuition is not possible? How do we work with a family facing a financial crisis?

First, we rely on our experience and make some educated estimates. Based on past experience, we are able to determine the percentage of students that will need adjustment with reliable accuracy. An “average” tuition amount is calculated per student and a budget is built around that number. In this way, any new family who applies to MWS late in the season adds to the bottom line of our budget, even if they are not able to pay full tuition.

Second, we have cash reserves for a rainy day. If a particular year turns out to be financially challenging for our families and more requests for adjustment are made than anticipated, or emergency situations arise during the school year (job loss, unexpected medical conditions etc.), we are generally able to meet those needs. If a trend begins, as it did when the recession hit, future budgets are adjusted accordingly.

Third, we are committed to working this way. It is a time consuming process to manage every case through our tuition-adjustment committee, but every family and every circumstance is unique. This work provides an opportunity for MWS to show that we honor and value all our families, and it is also a time when our families can see Meadowbrook principles in action.

It is through working with families, and not merely formulaic calculations, that we strive to reach a tuition level that is acceptable to both the family and the school. As with any agreement between two parties, there are expectations. Families can expect a confidential, fair, thorough process from MWS, a process in which they are active participants. In turn, MWS expects that our families will make choices to demonstrate they consider this education is a priority.

Part of managing a thorough process means a family must provide financial documents, honor deadlines, and present a complete picture of their circumstances.  Part of creating a fair process means MWS cannot support certain “lifestyle” choices through the tuition adjustment program. For example, our policy statement indicates both parents should be employed once all children are of school age. MWS cannot subsidize a choice to be unemployed at the expense of our other families or our faculty. Of course there are exceptional circumstances and times where employment is not about choice – illnesses, job changes, divorce, etc. Exceptional circumstances will always be considered.

The tuition adjustment program is designed to meet as many families as possible, sustainably and fairly. The tuition adjustment committee works to balance the needs of our families with the needs of faculty, staff, programming, and facilities. The tuition adjustment program is an area where we express our belief that those in a Waldorf community carry one another's destiny. Meadowbrook is entrusted with supporting the destiny of a child and that child’s family. The family, in turn, supports MWS through tuition, and by participating in the vibrant community life of the school.

image.jpeg