Flintridge Tries to Keep Tuition Low While Staying Academically Strong
When students complain about the expensive tuition they have to pay to come to FSHA, they may not realize that what they are paying only covers 85% of the actual cost of educating them on the hill.
To adjust to the annual increase in the cost of living, many schools, including FSHA, increase their tuition on a yearly bases, yet FSHA’s tuition is the lowest among comparable private independent schools in the area.
“We strive to give our students the most robust program, just like other private independent schools,” said Chief Financial Officer Mrs. Carmella Grahn. “At the same time, we focus on the affordability just like other Catholic institutions.”
The Flintridge Fund is the largest source of money that helps fill the financial gap between tuition and actual costs. Another big source comes from the school’s investment portfolio in stocks and bonds.
Flintridge furthers its goal of affordability by providing financial aid, ranging from $2,000 to $16,000, to about 25% of its students.
Day student tuition next year will increase by 3.5% from $21,250 to $21,995; resident room and board fees will increase by around 4% from $25,500 to $26,525.
Looking at the numbers another way, a day student pays around $126 a day to attend FSHA, while a boarding student pays close to $220 a day. —Judy Lee, Business Editor
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