2019-20 Operating Budget

 

In a public meeting, January 29, 2019, the Board of Trustees approved 2019-20 budget that increases by 1.84%, but raises tuition to our Partners by 1.75%. The plan maintains NFA’s robust program of opportunity and choice for all students.

Independence and the philanthropy of our donors 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 donor philanthropy, and philanthropy thrives with independence. Both empower one another. Without either, NFA’s unparalleled opportunity and choice would not be possible.

The support of our donors through the NFA Foundation touches every student in every classroom.

Today, 165 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.

2019-20 Budget - Key Facts

1.75% tuition increase – all programs
 
Total proposed budget of $36,610,779, a 1.84% increase, or $660,688
 
Cost containment measures:
  • Level-funded department budgets
  • Staffing profile unchanged – no FTE increase
$12,985 General Education Tuition
*Norwich Per-pupil Discount of $200

2019-20 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 $8.3 million in tuition support to Norwich Free Academy.

For the 2019-20 school year, the Foundation’s tuition support is $1.2 million, plus an additional $550,000 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 6 years, the Foundation has provided more than $1.4 million in direct program support, inclusive of $110,000 for the next 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.

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 donor dollars in support for students beyond program and tuition subsidy.

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

2019-20 Budget Local Media Coverage

NFA budget has 1.75 percent tuition increase - The Day, Wednesday, January 29, 2019

NFA board approves 1.75% tuition increase for 2019-20 - The Bulletin, Wednesday, January 29, 2019

 

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