Basics of Private School Funding
It is important to realize that the annual operating budget of a private school is never fully covered by tuition. Private schools raise an Annual Fund, which bridges the gap between the revenue from tuition and the actual operating costs. In addition, an Endowment is raised. This is not spent, but invested. The interest from the Endowment is used to fund scholarships and additional programs. For all facilities needs, such as buildings, athletic fields, auditoriums, and the like, Capital Campaigns are held. These three areas of fundings - Annual Fund, Endowment, and Capital Campaign - are central to private school operations. Tuition goes toward faculty and staff salaries and benefits.
Tuition
A main goal at Orthodox Prep is making a superior education possible for those who might not be able to afford one; to that end we will offer a program equal or superior to the caliber of the very best private schools in the Seattle area. We will make every effort to offer financial assistance to all interested families.
Our tuition will be consistent with local Seattle area private schools.
Tuition reductions will be given for each child after the first child enrolled per family.
