יסודות/Foundations

Middle Income Affordability Program

In our fiscally diverse community, there are a variety of income levels. In recent years, our middle-income families have been caught between rising tuition costs and increased allocation of financial assistance dollars. This creative approach to the paradigm shift allows parents to manage the cost of Jewish education as well as fiscally plan over a multi-year horizon. It combines a generous benefit with a user-friendly application process requiring a minimum of documentation and disclosure. 

How it works

The program features easy automatic enrollment in the program for a wide range of qualifying families. Total tuition, regardless of how many children are enrolled, is capped at a percentage of Adjusted Gross Income (AGI), as determined by line 37 of the IRS tax return. 

The four exceptions to automatic eligibility* for the Yesodot Middle Income Affordability Program are as follows:

  1. A family net worth over $1 million (net worth includes home equity and retirement accounts).
  2. A reduction in a new applicant's 2019-20 gross tuition payment (tuition plus registration and fees for daycare, nursery and school tuition through 12th grade) of $5,000; such payment amount includes any financial assistance awarded in that year. 
  3. Filing of Schedules C and E as part of your federal tax return.
  4. If no children are Kindergarten age or younger, are both parents working? 

*Families who do not qualify for automatic enrollment because of these exceptions may still be eligible to participate. The Affordability Committee will review such Yesodot applications on a case-by-case basis. Additional supporting documentation may be requested at the discretion of the Committee.  The development of this Affordability Program was based on a detailed analysis of many factors and assumptions regarding the income levels of our parent body, other demographics and anticipated participation rates in this program. JKHA reserves the right to modify the program benefits at any time upon written notice.  

Please complete the application below providing all required information by April 29th to be eligible for the program.

Any questions about this program should be directed to Allison Lyons, Director of Admissions and Community Relations at (862) 437-8050 or via email at alyons@jkha.org.

Online Application

Middle Income Affordability

NJAIS

 

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Joseph Kushner Hebrew Academy
Rae Kushner Yeshiva High School
110 South Orange Avenue
Livingston, New Jersey 07039
Phone 862.437.8000
info@jkha.org
info@rkyhs.org