Kiski is REDUCING its tuition.
THAN THE NATIONAL AVERAGE
Kiski is pleased to announce a major tuition reduction—called a tuition reset—for the fall of 2020. In fact, Kiski will be the first private boarding school in the country to offer such a tuition reset. After listening carefully to the concerns of Kiski parents and as a direct response to the skyrocketing tuitions of private education, we thought it was time to take a different path.
BOARDING SCHOOL TUITION
BEGINNING FALL SEMESTER 2020
This shift to a philanthropy-driven tuition model will provide more affordability and pricing transparency to our students and their families. And with our new tuition now 20% lower than the national boarding school average, we hope you’ll consider a life-changing Kiski education as a possibility for your son’s future.
Additional steps that are being taken for the 2020-2021 academic year as a result of the COVID-19 pandemic include:
We have committed to awarding over $4 million dollars in tuition assistance.
We have reduced our enrollment deposit from 10% to 2.5% and made it fully refundable through August 1, 2020.
We have created flexible financing plans to meet each family's needs during this unprecedented time.
To learn more about our lower tuition, pricing plans, and affordability questions, please feel free to contact us. We would love to hear from you. Additionally, you can visit our tuition assistance page to learn more.
Domestic Students: If your family elects to enroll in payment plans, a TRP (Tuition Refund Plan) is required. The cost of this plan is 3.5% of the full net annual charge and is billed separately.
International Students: Health insurance coverage: $2,000 per academic year.
Domestic and International: We recommend each family budgets between $600-$1000 per academic year for their son's incidental account. This includes books for classes, select student activities and etc.
We are shifting toward a philanthropy-centered model that will be financed by our recently-completed $35 million capital campaign together with ongoing fundraising efforts for endowed and operational scholarship support. At our new highly-competitive price, we expect a modest increase in enrollment, which will offset some of the income we will forfeit by reducing our tuition.
Families paying less than $48,500 this year will pay, on average, $1,000 less for 2020-21. Families paying more than $48,500 for 2019-20 will save the difference between their current cost and $48,500 for 2020-21. All returning families will realize additional savings since, without the tuition reset, costs would have been subject to a standard annual increase of around 3%.
No. All of the high-quality elements that distinguish a Kiski education – outstanding academics, superior college placements, small class sizes, boy-centric teaching methods, robust athletic programs, leadership development, and exceptional facilities – will remain as strong as they’ve been in the past. The only thing that’s changing is an industry-driven pricing model that we are determined to make obsolete.
Over the past decade, the average tuition at boarding schools has increased by 50% while household incomes have barely budged. Without question, private school costs have spiraled out of control, becoming prohibitively expensive for most families. Simply put, we decided it was time for a change.
Next year, Kiski’s tuition will be 20% lower than the average price to attend other boarding schools. Our new tuition structure coupled with our ongoing commitment to need-based assistance promises real affordability for our families and more transparency in our pricing.
Over the past decade, average annual tuition increases at boarding schools have outstripped inflation by a factor of two or three. Moving forward, Kiski is committed to scheduling tuition increases at a rate that more closely matches normal inflation.
Yes. Kiski will continue to provide a considerable level of need-based tuition assistance, making a Kiski education possible for even more young men and keeping with our longtime commitment to strong socio-economic diversity in our student body. What matters most is finding the right amount of assistance to make the net cost affordable for each family.
Yes. Every year we have a small number of day students enrolled at Kiski, usually representing around 2% to 3% of our total student body. For 2020-21, tuition for day students is $38,500. Please contact our Admissions Office for more information about this program.
Net Cost Estimator
Enter your family's information below to see the average net cost for students currently enrolled at Kiski over the past two years with the same gross income and family size as yours.
Family Size:Gross Family Income:
Your actual net cost will vary based upon your specific family circumstances. Please keep in mind that the figure shown above is not a promise of what your net cost will be. To discuss your specific situation, please contact the Admission Office by phone 724-639-8035 or email at email@example.com.
IN THE NEWS
KISKI'S TUITION RESET IS GETTING NOTICED
Read about our new tuition model in Yahoo! Finance, The Hechinger Report, Tribune-Review and many more.
While our tuition is going down, Kiski will always push to deliver more. All the services, amenities and quality instruction that Kiski is known for will continue to distinguish our boys-centric approach to education.
Here are just a few of the latest academic and campus improvements we’ve made thanks to the ongoing support of our alumni, student families and community benefactors.