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What is the Annual Fund (Unrestricted Funds)?
Tuition and fees cover 85% of the costs associated with educating our students. Endowment revenue and Annual Fund help to fund the 15% gap between tuition revenue and the true cost of a Prep education. Unrestricted Gifts to the Annual Fund impacts the quality of a Prep education today, tomorrow, and into the future.
What is the Alumni Scholarship Fund?
We are proud to be launching an Alumni Scholarship Fund initiative this year. Alumni will have the opportunity to directly impact and fund one or more students at their alma mater.
Why should I give?
This year, Prep has allocated $3.7 million in need-based tuition assistance for 28% of the student body. The average scholarship grant is 50% of tuition, however, in many cases, Prep is allocating much more than this. In addition to tuition assistance, your support to a variety of Prep’s ongoing needs –including athletics, art programs, and retaining Prep talent.
Your support helps make Prep education accessible to those who otherwise would not be able to afford it.
Your participation is a satisfaction rating that allows us to qualify for grants and additional external funding.
What should I give?
Make a gift to the Annual Fund that is meaningful to you. Your support shows you believe in the Prep community, its mission, vision, and philosophy.