Trends in Tuition Discounting: Insights from NBOA Research

Tuition discounting plays a role in helping independent schools live their missions and serves as a tool to increase diversity, affordability and access to an independent school education. However, schools need to keep an eye on discounting’s impact on long-term financial sustainability. Learn about the research findings from the Tuition Discounting Report for PK–12 Independent Schools: 2021-2023, NBOA’s recently released multi-year data analysis of need-based financial aid, merit aid/scholarships and tuition remission. In addition, Megan Fangmeyer, manager of product at FACTS, will provide reflections on the current trends in tuition discounting. FACTS, a division of Nelnet, Inc., provided generous financial support for the publication of this research.

Learning Objectives:

• Understand the recent trends in tuition discounting including need-based financial aid, merit aid/scholarships and tuition remission.
• Learn how to use the research findings, and your school’s own tuition discounting data, to uncover insights about the school’s tuition discounting program and the school’s financial health.
  

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Nonmembers: $125.00

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Presenters

Elizabeth Dabney

Senior Director, Research and Data Analysis

NBOA

Seattle, WA

As NBOA’s director, research and data analysis, Elizabeth Dabney leads the development, planning and management of industry research using data from the association’s Business Intelligence for Independent Schools (BIIS, pronounced “biz”) platform, in addition to other research activities as identified by the association’s strategic plan. Dabney’s research and analysis supports NBOA’s mission to inform NBOA members and other external stakeholders and encourage data-driven decision making throughout the independent school community. Dabney brings to NBOA more than 20 years of research experience. Previously, she was the director, research and policy analysis at the Data Quality Campaign, a nonprofit education policy and advocacy organization, and the nation’s leading voice on education data policy and use.

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Megan Fangmeyer

Manager of Product – Admissions & Finance

FACTS

Megan Fangmeyer is the manager of product for FACTS’ Admissions & Finance products. Prior to this role, she spent 10 years focused on financial aid as the product manager for FACTS Grant & Aid. Fangmeyer excels in partnering with schools and scholarship programs to streamline processes and implement data-driven awarding strategies. She also contributes her expertise as a board member for Andrew’s Place, a scholarship organization for private school students with disabilities. Fangmeyer is an alumna of Nebraska Wesleyan University, holding a B.A. in Spanish and Theatre Arts.