Individualized tuition makes a private school education affordable for more local families.

Casey

• Family size: 3
• Have a 7th grade student at Menaul
• Casey’s AGI is $50,000
• $50,000 equity in home
• Core expenses: $45,000
• Discretionary expenses: $15,000
Net Tuition: $7,000 (about 14% of AGI); consider applying for the Corio Aspiring Innovators Program.

Anthony and Katie

• Family size: 5
• Have a 6th Grade and an 11th grade student at Menaul School
• Katie’s yearly AGI is $87,000
• Anthony’s yearly AGI varies but average is $39,000
• $65,000 equity in home
• $12,000 in investments and/or 529 account
• Core expenses: $71,000
• Discretionary expenses: $33,000
Net Tuition: $9,450 per student (total falls within 15% of AGI for two students)

James and Lily

• Family size: 4
• Have a 6th grade student at Menaul
• James’ yearly AGI is $87,900
• Lily’s yearly AGI is $68,850
• $125,000 equity in their home
• $75,000 in investments
• Core expenses: $65,000
• Discretionary expenses: $15,000
Net Tuition: $18,650 (the maximum tuition amount for 2022-2023)

Diana

  • Family size: 3
  • Wants to enroll an 8th grade student at Menaul
  • Diana’s yearly AGI is $34,000
  • Rents her home
  • No investments
  • Core expenses: $28,000
  • Discretionary expenses: $10,000
  • Net Tuition: $7,000 (the minimum amount for 2022-23); recommended that Diana and her student consider applying for the Corio Aspiring Innovators Program.

Gary and Jenna

• Family size: 4
• Have a 9th grade student at Menaul School
• Gary’s AGI is $125,000
• Jenna is a “home leader” with a toddler
• $25,000 equity in home
• Core expenses: $65,000
• Discretionary expenses: $25,000
Net Tuition: $14,500 (12% of AGI)

Core expenses are expenses, after taxes are taken out of your income, that are necessary for your household to function, such as rent or mortgage, utilities, car payments and insurance, groceries, and prescriptions. Discretionary expenses are expenses such as paying for a smartphone or cable TV, vacations, camps and clubs, etc. that, though they feel like necessities, are usually considered “luxuries”.

Menaul School typically sets Domestic Day tuition between 10-15% of AGI; where a family’s tuition is set is influenced by factors such as assets, expenses, equity, and investments.

Net tuition includes lunch, registration, technology, and activities.