Robert Cordero, Christina Gray, Michael Trapp and Michael Talt will be exhibiting at the NYSAIS Business Affairs Conference on Thursday, May 8th at the Mohonk Mountain House in New Paltz, New York. Stop by our exhibit booth to learn more about our professional services with the Education and Not-for-Profit Sector.
Additionally, Rob and Christina will be presenting “All Things Tuition” in session 3E from 10:15 a.m. – 11:15 a.m., focusing on the critical role tuition revenue plays in the financial health of independent schools.
Rob will cover:
- Key strategies for setting affordable tuition rates aligned with market trends and school expenses.
- Structuring payment schedules for steady cash flow and navigating recent trends impacting tuition revenue.
- Examining how financial aid impacts a school’s overall revenue and operations, determining an optimal aid percentage and balancing affordability with operational needs.
- Tuition receivables management, financial reporting requirements, best practices for bad debt reserves, compliance with ASU 2016-13 and its impact on tuition allowance calculations.
Attendees will leave with a better understanding of optimizing tuition policies to support their school’s long-term financial stability.