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How Do We Judge Success?

How Do We Judge Success?

It seems to me that independent, scientific proof of the success of the Montessori approach will do a lot of good for Montessori Schools — but it carries inherent dangers as well. When we judge whether something is effective or successful, we need to consider that definition of success in the context of our goals. […]

Preparing the Budget

Preparing the Budget

Since most of a school’s income comes from tuition, the development of the next year’s budget begins with preparing the best and hopefully most accurate projection of next year’s enrollment at each age level. In this process, you should show enrollment for the year before, the current year, and the year for which you are […]

Basic Accounting Income Statements

Basic Accounting Income Statements

An income statement otherwise known as a profit and loss statement is a summary of a company’s profit or loss during any one given period of time, such as a month, three months, or one year. The income statement records all revenues for a business during this given period, as well as the operating expenses […]

Basic Accounting Income Statements

An Example of General Procedures for Bookkeeping

A. General Objectives 1. To facilitate the conduct of business. 2. To help assure the security of funds. 3. To help maximize the use of funds. B. Procedural Elements 1. Record keeping and check signing functions should be done by different people to as great an extent as possible. a. Primary record keeper: School Secretary […]

Sample Financial Aid Policy #1

Sample Financial Aid Policy Shared With Parents

Financial aid is defined as a reduction in tuition granted to families who have demonstrated eligibility through an objective assessment of their financial position. The Financial Aid Committee The Board of Trustees has established a Financial Aid Committee consisting of three members. The members of the 2011 Financial Aid Committee are: • ____, Trustee and […]

Refining your Marketing Message: Points to Ponder

Refining your Marketing Message: Points to Ponder

Refining your Marketing Message: Points to Ponder was published in the June 2006 issue of Montessori Leadership By Jake Mortensen Marketing your school can seem like an immense undertaking, but it does not have to be. Even a little marketing can go a long way if you approach it correctly, with a good strategy being […]

Sample Financial Aid Policy #1

How to Use Attrition Charts to track your enrollment

Independent schools normally depend on tuition to cover their operating expenses, which means that accurate up-to-date information is essential. Despite this fact, too often, administrators rely on their memory or sense of what feels right when considering whether the current enrollment trend is normal or something to celebrate or fret over. One thing is certain: […]

Sample Financial Aid Policy #1

The Blueprint Process Condensed

The Montessori Foundation encourages schools to clearly set down their core philosophy and beliefs into a very specific formal written document, The Blueprint, and thereafter to use it as a road map in making decisions, setting new policy, and evaluating the educational program. This document explains the process of initially developing the Blueprint for the […]