A part of Funding 21st Century Christian Schools, this article by Dan Krause explains budget and cost accounting tactics when it comes to financial aid in your Christian school.
If we really understand variable and fixed costs, we can develop rules of thumb that guide us in deciding if we are giving away too much financial aid. (Why that matters: in difficult economic times, increasing enrollment will often require increased financial aid.) (9 pgs)
How implementing cost accounting is essential for financial peace of mind.
