前回の続き
The first isto steward and maintain the `Iolani student experience as it has been for many generations. 'Iolani is defined by our commitment to small class sizes, knowing our students and having a world class faculty. “At `Iolani you are known” is a statement we wholeheartedly share when describing our school. However, from a purely financial perspective, this is the most expensive model for a school, one that most schools across the nation and here in Hawai'i have abandoned. Our tuition gap is currently around $8,000 per student. This is the difference between the cost of an `Iolani education and what we charge as full tuition. Every student at `Iolani receives this hidden scholarship and the 'Io Society is instrumental to sustaining our relationship-based model, and the ability to do so at a tuition lower than that of our peer schools.
The second goal is access to an 'Iolani education. Even with every effort to keep tuition low, our tuition is out of reach for many. This means that we need to reaffirm our commitment to financial aid and the scholarships the school can provide each and every year. This year, 452 students - about 24% of our student body, received $5.1 million dollars in financial assistance. On average this is more than $11,000 of aid per student and it represents around 10% of our total operating budget. The success of the `Io Society has helped us achieve this goal.
The third goal is to maintain and grow programs that further our mission as one of the top college preparatory schools in the world. This ranges from academics, to the arts, to athletics, our school is a place where students can sample many different interests and often compete or perform on the national and world stage.
Mahalo to the `Io Society Leadership Committee, led by Ray Ono ‘72, Jodi Shin Yamamoto ‘89 and Jimmy Kawashima ‘60, and all the members who continue to support the school through the ‘Io Society.
Campus Expansion & Construction
As we stand, the dorm is on schedule for a student transition with the start of second semester. Here is a photo of the backside of the building in which windows are beginning to be installed.
The K-1 Community is also on schedule for substantial completion in March. Here is a current photo of the site. The building on which roofing is being installed is a kindergarten building as is the slab to the right of it. The other 3 buildings are 1st grade.
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