Affording
At Schechter, we continually strive to balance affordability with the cost to implement our outstanding educational program. We are excited to announce a new Tuition Affordability Model designed to offer more transparency and predictability for Schechter families.
Schechter’s New Tuition Affordability Model
Household
AGI Ranges
AGI under
$100,000
AGI
$100,000-$200,000
AGI
$200,000-$350,000
AGI over
$350,000
Available
Tuition
Support
Apply for maximum tuition support*
Family tuition cap of 12% AGI*
Family tuition cap of 12% AGI through TAP Fund (excluding FFO)
Family tuition cap of 14% AGI*
Steps to Follow
Submit an application for Schechter’s Flexible Tuition Program through FACTS
Complete the Schechter AGI Tuition Cap Application and submit pages one and two of your 1040 form from the most recent tax year** OR If additional tuition support is needed, submit an application for Schechter’s Flexible Tuition Program through FACTS
Apply to TAP Fund first AND If additional tuition support is needed, submit an application for Schechter’s Flexible Tuition Program through FACTS
Complete the Schechter AGI Tuition Cap Application and submit pages one and two of your 1040 form from the most recent tax year** OR If additional tuition support is needed, submit an application for Schechter’s Flexible Tuition Program through FACTS
*Available tuition support is subject to a minimum tuition commitment of $7,200 per student, and the Family Financial Obligation (FFO) of $1,200 per family.
**Additional documentation may be requested.
2024-2025 Full Tuition
K - 4th Grade
$26,400
5th - 8th Grade
$27,500
In addition to annual tuition, there is a Family Financial Obligation (FFO) of $1,200 per family.
Tuition is set by the Board of Directors annually and is based on the cost of educating each child. If full tuition is a barrier for your family, we encourage you to explore our Tuition Affordability Model.
Questions? Contact Hillary Dunn, Director of Admissions.
Flexible Tuition: A Customized Approach
Flexible Tuition is a robust and innovative program that allows families to pay for their child’s education based on their financial ability. More than 75% of our students, from families with a wide range of income, benefit from Flexible Tuition. We consider your family’s full financial picture with the help of an independent third party. Factors include family size, adjusted gross income, existing child care costs, and other family expenses and assets.
Schechter’s comprehensive Flexible Tuition Program is made possible through the generosity of our supporters, with special thanks to the Jewish United Fund of Metropolitan Chicago, The Saffir Family, Crown Family Philanthropies, the David and Etta Jonas Family Foundation, the Bernard Heerey Family Foundation, and The Jordan A. Feldman Scholarship Fund.
TAP into your child’s future
The Tuition Accessibility Partnership (TAP) Fund is an alternative tuition model for families with an annual adjusted gross income (AGI) between $200,000 and $350,000. TAP caps tuition at 12% of a family’s AGI, regardless of the number of children they have enrolled at Sager School.
Learn more by visiting TapFundChicago.org
The TAP Fund is powered by Crown Family Philanthropies, a Chicago-based foundation dedicated to partnering with its communities to effect just and lasting social impact across generations.
Does your family’s AGI fall outside TAP income guidelines?
For families with AGI below $200,000, our existing Flexible Tuition program (described above) utilizes vigorous funding from alternative sources to ensure tuition is customized to your unique circumstances.
For families with AGI above $350,000, Schechter’s AGI Tuition Cap Program caps tuition at 14% of your AGI.
The expansion of the AGI Tuition Cap Program beyond the TAP Fund AGI parameters is made possible by the David and Etta Jonas Family Foundation, whose mission is to support the State of Israel and the Jewish community by investing in educational programs that instill and preserve Jewish history, identity and values.
If you have any questions regarding affording Schechter, please contact Hillary Dunn, Director of Admissions and Enrollment.
