The Campaign for Arts & Minds supports increased endowment, which directly increases the school’s financial aid budget
From the Summer 2013 Caller
By Sara Nordhoff, admission and financial aid director
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“An effort shall be made to have students of the school represent a cross-section of American life, having various economic backgrounds and religious beliefs, and chosen for their promise in qualities of character, intelligence, responsibility, and purpose.” —founder Ruth Catlin, 1928
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Catlin Gabel has funds right now to offer financial aid to 26 percent of our students. If we had $250,000 more each year for financial aid, we would have had enough funds to admit the following students—but we could not: Kids from schools in neighborhoods that would add more diversity to Catlin Gabel’s community, kids at the top of their classes with passions they pursue in meaningful ways, competitive athletes, excellent artists and writers, scores of siblings and legacies, kids devoted to service, and many more deserving, wonderful students who would have an enormous impact here and beyond—kids for whom a Catlin Gabel education would change their lives.
Faculty feedback on students we could not admit: “this is one of the best candidates I’ve ever seen,” “I would love to have this student in my classroom,” “admit this incredible student!”
Some examples of students we had to turn away:
A published author at the age of 10
An athlete who would have been a game-changer in our Upper School girls basketball program
A competitive chess player and violinist with one of the highest SSAT scores of the pool
An accomplished ballet dancer
A Parkour champion
A young martial arts master
A brother and sister, both at the top of their class
A three-sport athlete completely devoted to community service
A top gymnast with international living experiences
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Catlin Gabel is affordable to only about three to five percent of the greater Portland population. In order to attract the very best and brightest students and live out our mission, we must sustain our commitment to a strong financial aid program. Our goal is to make a Catlin Gabel education accessible to as many qualified students as possible, regardless of socioeconomic status. Our discussion- and team-based learning environment is successful only when disparate voices and viewpoints are heard. We devote a greater percentage of our budget to financial aid than many of our peer schools. Catlin Gabel grows as our commitment to financial aid grows. Reaching out and enrolling a diverse population is a high priority for our enrollment strategy. We think of diversity as having a broad definition, including socioeconomic, ethnic, and geographic diversity. We’ve made strides towards broadening our reach to a larger population of families, in large part due to our stronger commitment to financial aid. Catlin Gabel will flourish, along with its students, with a financial aid budget that allows us to admit all the students we’d like to admit—with mitigated concern for their ability to pay tuition. A successful finish to the Campaign for Arts & Minds will supply the $250,000 per year we need to make this happen and keep Catlin Gabel healthy and relevant.
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• The average financial aid award has increased from $14,430 in 2010–11 to $16,200 in 2013-14
• In 2013–14 CG allocated $3.3 million in tuition assistance, out of an entire budget of $17 million
• Families who received awards had annual household incomes ranging from $8,400 to $168,000 (CG uses a national formula to determine aid awards that takes into account income and variables such as the number of children in tuition-charging schools, including colleges. Awards at the higher income levels are smaller and do not include books and laptops.)
• Average grant: $16,200
• Awards range from $1,800 to $25,750
• Tuition ranges from $19,200 to $25,850
• Our ultimate goal is to admit all students without regard for their family’s financial situation, but that would require more than $50 million in new endowment funds. The steps we take today are important in moving us toward that future.
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% OF FAMILY NEED THAT CATLIN GABEL MET
2009–10 (92%)
2010–11 (93%)
2011–12 (92%)
2012–13 (90%)
% OF STUDENTS RECEIVING ASSISTANCE
2009–10 (26.25)
2010–11 (27.8%)
2011–12 (25.7%)
2012–13 (25.8%)
2013–14 (27.4%)
2010–11 (27.8%)
2011–12 (25.7%)
2012–13 (25.8%)
2013–14 (27.4%)
GUIDING PRINCIPLES FOR FINANCIAL AID
• We create classes that lead to diverse viewpoints in the classroom
• We grow financial aid responsibly, meeting need in a sustainable way
• Relevant independent schools keep financial aid at the forefront