Yavneh Academy - ישיבת יבנה |
I am writing to report that Yavneh Academy’s Board has
approved the budget for the upcoming 2013-14 fiscal year.
As a result of hard work and cooperation by Rabbi Knapp,
Joel Kirschner, our Finance committee and its Chair; Adam Fried, we have once
again struck the right balance between educational excellence and
affordability.
In recent years, Yavneh has led the community effort to
reign in spiraling tuition costs. Yavneh broke historic ground by being
the first local Yeshiva Day School to cut tuition in 2011. Last year, we
instituted a significant cut in Early Childhood tuition, a more modest cut for
K-5, and a tuition freeze for grades 6-8.
We are pleased to announce that there will be no tuition
increase for 2013-14. The tuition freeze will be school wide.
We were able to achieve this, not only because of our
fiscal responsibility, but because of a robust increase in our projected
enrollment for next year, despite the expanded number of Jewish educational
options in our growing community.
Events of the past year have unfortunately reminded us that
we must always be vigilant when it comes to the safety of our children. As
such, we are instituting a $250 security fee per family. This fee
is reflective of the times in which we live. This money will be specifically
earmarked for staffing and technological and capital enhancements that will
further ensure the safety of our students and will enable us to work
cooperatively with our recently formed Security Committee in continuing to
safeguard our children's security and well being
Great things are happening at Yavneh, and I encourage you
to get involved in your children’s school, not only for their benefit, but for
the benefit of generations to come. We look forward to seeing you at Yavneh’s
annual meeting on May 6th.
Eric Fremed
President, Yavneh Academy
Teaneck · 621 weeks ago
GUEST 3 · 621 weeks ago
guest · 621 weeks ago
Guest2 · 621 weeks ago
He'Atid is $9,000 all in amd it's one line item. Why can't the other schools show it the same way? After all, it's all tuition.....
High School Dad · 621 weeks ago
Buster · 621 weeks ago
its apples to oranges for both.
Avi Greengart · 621 weeks ago
guest · 537 weeks ago
High School Dad · 621 weeks ago
Buster · 621 weeks ago
2) is not suited for every child
even heatid claims these things.....
comparing heatid to the other yeshiva's is like comparing apples to oranges.
would you compare a yeshiva kentana to a day school?
High School Dad · 621 weeks ago
If I couldn't afford it, absolutely! You have no right to demand something specific while taking charity for it or complaining about the high cost.
S.P. · 621 weeks ago
Realist · 621 weeks ago
The more they claim they are the "cheaper" school the more money they raise. Will be interesting to see how this pans out long-term.
GUEST 3 · 621 weeks ago
Realist · 620 weeks ago
They will need to keep up this level of fundraising to keep the tuition low. Do you think major donors will continue to provide money to a model that is claimed to be sustainable, but needs to continuously rely on large outside donations to keep the doors open and the tuition low?
Hate to say this, but the current setup is a ponzi scheme that will all come crashing down unless something change (e.g., they receive a huge perpetual endowment, parents put in more money as "donations" or more money as tuition).
Buster · 620 weeks ago
GUEST 3 · 620 weeks ago
Buster · 620 weeks ago
GUEST 3 · 620 weeks ago
Buster · 620 weeks ago
$1.5 million spread over 116 kids is over $12,000 a student.....
I'm pretty sure the other schools are not pulling in in excess of $10 million a year towards operational expenses (excluding capitol campaigns).
Not sure where their AJE, AviChai and OU grants fall in here either.....
GUEST 3 · 621 weeks ago
250kChump · 621 weeks ago
Enough Days off · 621 weeks ago
GUEST 3 · 621 weeks ago
GUEST 3 · 621 weeks ago
Just Saying · 620 weeks ago
Dan · 620 weeks ago
1) Wedding; 2) Bar/Bat Mitzvah; 3) Vacation; 4) Home improvement; 5) Retirement Contribution. I don't have a problem with the first 4, but the notion (and this was explicitly stated), that if you contribute to a retirement fund that would disqualify you is at some level absurd, especially given the prevelance of employer matching contributions.
GUEST 3 · 619 weeks ago
I have no problem with taking into account retirement contributions. There are plenty of people who do not put away any money for retirement yet pay full price for tution.