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Glossary of Key Terms

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Term Definition
Educational Foundation

An Educational Foundation is an independent, non-profit organization established to receive and allocate resources that will serve to enhance targeted educational programs.

Effective Tuition

Effective tuition is tuition minus aid received. Typically the aid included in the calculation is only aid offered by the school itself, and does not consider aid families might receive from external sources unless that aid is administered by the school and can be consistently budgeted. Effective tuition can be calculated and used as an aggregate or on a per-child basis.

Enrollment Retention

Enrollment retention requires the school to attract, enroll, retain and graduate talented and diverse students. Enrollment retention requires a school to be proactive and intentional and to engage in re-recruitment. This requires practical and cost-effective strategies to keep your current families enrolled. Retention rates should be calculated and the parameters for calculation should be clearly defined.

Environmental Stewardship

Refers to the responsible use and protection of the natural environment through conservation and sustainable practices.

Evaluator

One who makes judgments on the basis of expressed criteria.

Extra-Curricular Activity

School sponsored activities not aligned with the curriculum intended to enhance students’ creative, aesthetic, social/emotional, physical and spiritual capabilities.