In a press release that contained the announcement of the change in the tuition rate, the board stated that its overriding objective was to recognize the continued economic challenges in our sending communities.
Board Chair Seth Bongartz stated, "This is the fourth straight year that we have held increases below the rate of inflation. Our dedicated faculty and staff have supported a salary freeze as well as two years of 1% increases, all so we can support our sending towns and ensure that Burr and Burton Academy is a source of pride for all."
Bongartz added, "We won't be able to do this forever or it will begin to take a toll. In the coming years, we will need to provide salary increases sufficient to allow our teachers and staff to get ahead of, or at least keep pace with, the cost of living."
Burr and Burton continues to augment town tuition revenues with extensive fundraising efforts, an endowment, and private and international tuition. These areas provide over $2 million of additional revenues.
"We remain ambitious in our programs while controlling our costs aggressively," added Headmaster Mark Tashjian. "As a result, we are able to move forward with programs and initiatives critical to the school's future."
Burr and Burton Academy's mission is to educate students intellectually and morally for a life of responsibility, integrity and service. The graduation rate is virtually 100%, college matriculation rate exceeds 80%, and it is at the top of Vermont schools in SAT, ACT, and AP testing while offering a broad range of academic, artistic, and athletic opportunities.