Frequently Asked Questions
What are these grants about?
We recognize the importance of Orthodox Jewish education as one of the drivers of Jewish continuity. Our mission is to encourage and enable parents to provide their children with Jewish school education by providing financial assistance. We seek to help parents who are making active choices to either keep their child in a Jewish school, or move their child to a Jewish school. The program has been operating since 2007 and has helped nearly 200 children. We work with the following schools: Mount Scopus, Yavneh & Yeshivah-Beth Rivkah.
How does it work?
Grants are allocated annually in respect of the next school year. In some cases, multi-year grants are awarded. In 2014, we are accepting grant applications until 30 September, and advising of the results by 31 October. You can apply for a grant either through the school or directly, depending on your circumstances. We review all applications, and do our best to allocate funds in the fairest way to those who need them most.
Depending on the application, we will either award a regular grant or a matching grant. The grant amount will be paid directly to the school by our foundation and applied against your own account.
What is a matching grant?
A matching grant is a grant where the amount will vary depending on your own contribution. It applies where a family is already receiving fee relief from the school. Here is how that works in practice:
When applying for fee relief from the school, they will make an assessment and determine what they consider you can afford to pay in fees. This is done on a family basis, not per child. The balance is an interest-free debt to the school until it is repaid. For example, let’s say full fees for a family are $40,000 per annum, and the school has assessed that you can pay $30,000 per annum. This would result in a debt of $10,000 to the school that is ultimately to be repaid.
In this case, a matching grant from our foundation might work as follows: “we will match whatever fees you pay in excess of $26,000”. Here are some possible outcomes either with this grant in place, or without the grant:
|Different scenarios with a grant||No Grant|
|Debt to School||$14,000||$10,000||$6,000||$2,000||$10,000|
The more you are able to pay in excess of what the school has assessed, the more the grant reduces your fee burden.
How do I apply?
See the How to Apply section for more details on the different types of grants.