2018-19 Operating Budget

In a public meeting, February 8, 2018, the Board of Trustees approved 2018-19 budget that increases by 3.39%, but raises tuition to our Partners by 1.5%. The plan maintains NFA’s robust program of opportunity and choice for all students.

This is the lowest tuition increase in 7 years. Independence and philanthropy make this possible.

Norwich Free Academy was built on a commitment to independence. Our founders saw that, when free from politics and conflict of interest, their school could focus on developing students into productive, contributing members of their communities.

The link between independence and opportunity is simple.

NFA’s independence cannot exist without philanthropy, and philanthropy thrives with independence. Both empower one another. Without either, NFA’s unparalleled opportunity and choice would not be possible.

Support from the NFA Foundation, Inc. touches every student in every classroom.

Today, 164 years of independence enables NFA to meet student needs in ways that are innovative and affordable. It allows for a breadth of opportunities that sets the Academy apart at an affordable cost.

2018-19 Budget - Key Facts

1.5% tuition increase to all programs

Lowest increase in 7 years

Total proposed budget of $35,950,091, a 3.39% increase, or $1,177,931

Cost containment measures:

    • 5% reduction to level-funded department budgets
    • No new positions
    • No new programs

$12,762 General Education Tuition
Norwich Per-pupil Discount of $200

Norwich Free Academy Foundation Support
    • $1.5 million total in tuition subsidy in 2018-19
      • $1.2 million tuition subsidy
      • $300,000 unrestricted grant applied to further subsidize tuition
    • $7.4 million total in tuition subsidy since 2013-14

Projected 2018-19 enrollment of 2,287 to replace October 1, 2017 enrollment of 2,325
Decrease of 38 students
Projected incoming 9th-grade class of 532 to replace a 12th-grade class of 567

2018-19 Budget Presentation

NFA Foundation, Inc.

NFA Foundation, Inc. is Your Partner

Foundation support benefits every student from every partner district, in every class, in every building on campus.

Tuition Support

Since 2013-14, the NFA Foundation, Inc. has given $7.4 million in tuition support to Norwich Free Academy.

For the 2018-19 school year, the Foundation’s tuition support is $1.2 million, plus an additional $300,000 in an unrestricted grant applied to further reduce tuition.

Additional Foundation Support

Independent governance, combined with generous investment by alumni and benefactors, allows the Foundation annually to provide program support, facility enhancements, and scholarship awards, in addition to the tuition subsidy.

Direct Program Support

Over the past 5 years, the Foundation has provided more than $1.4 million in direct program support, inclusive of $102,435 for the 2018-19 school year. These additional funds, honoring donor intent, support various needs, including technology, online resources, textbooks, Project Oceanology, musical instruments and lessons, Slater exhibitions, field trips, and athletic equipment.

Scholarship Support

Annual and endowed scholarships, stewarded by the NFA Foundation, have provided NFA students with in excess of $3.2 million in recognition of their achievements in academics, athletics, and the arts during the past eight years.

NFA Fund Support

Gifts to the NFA Foundation’s annual fund - the NFA Fund - support needs on campus as they arise in five areas: tools for learning, arts and culture, athletics, student life, and campus beautification. This amounts to thousands of dollars in support beyond scholarship, program and tuition subsidy.

Learn more about how you can make a difference at Norwich Free Academy.

2018-19 Budget Local Media Coverage

Norwich Free Academy trustees approve 2018-19 budget with 1.5 percent tuition increase - The Day, Thursday, February 8, 2018

NFA trustees approve $35.95M budget - Norwich Bulletin, Thursday, February 8, 2018

Six building projects on tap for NFA campus - Norwich Bulletin, Tuesday, February 20, 2018

Support from the NFA Foundation, Inc., subsidizes tuition for every student in every NFA Partner District. This year, $1.5 million from the NFA Foundation, Inc. maintains NFA’s high-quality program from which thousands of alumni have benefited and which is integral to the economic and intellectual growth of the city, the region, and the country.

We are here as leaders for a short period of time. I think we should leave NFA in a better place than we found it so that we can hand it to the next generation, stronger, better. That is our role.

Lesley Mitchell Jones ‘66 Corporator