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Tuition Transparency Tool Pilot

Purpose of tool

Day school tuition is a critical topic of consideration for prospective day school families. Fortunately, our day schools offer substantial financial aid to subsidize the cost of enrollment. Many families underestimate the amount of aid they can receive from day schools; therefore, they never bother to consider them. This is because there is a considerable amount of friction associated with garnering this information. The purpose of the Tuition Transparency Tool is to ease the process for families to get financial aid estimates from each of our day schools. In 2022-2023 this grant was used to build two tuition calculators at www.dayschoolcost.com. This grant will build on last year’s success to build more calculators. 

Eligibility

  • Applicants must be a Jewish day school within CJP’s catchment area
     

Process

  • Based on the level of benefit CJP believes specific schools can receive from the tool, in FY24, CJP will select up to 3 schools to solicit interest from, and if the school is interested, CJP will support building them a tuition transparency tool for their website. 
  • CJP will work with finance professionals from each day school to discern patterns in historical financial aid grants 
  • Working with a contracted developer, CJP will create a custom site for each school, a set of standard inputs, and a visualization of outcomes 
  • CJP will work with the school to test the tool to make sure it is operating as designed. 
  • Each school will determine the marketing of this tool to their constituents
     

Markers of success

Together, we will evaluate the parameters below to gauge the success of this tool: 

  • How many times was the tool accessed and from where (website, email, etc)? 
  • Do entered tool values indicate legitimate users (vs those “just testing it”)? 
  • How many admission consultations were set up through the tool? 
  • How often is the tool referenced in admission conversations? 

Contact Anna to discuss participation in this pilot.

Contact

Please contact Anna Leybzon with any questions.