Groton School is ready to welcome the first group of students admitted since a groundbreaking initiative, announced last November, cemented the school’s commitment to making Groton accessible to families in all income brackets, including those neither high- nor low-income.
The GRoton Affordability and INclusion (GRAIN) initiative froze tuition for three years, increased the number of students on financial aid, and guaranteed that Groton School would consider all applicants without regard to their ability to pay.
After one year of the three-year freeze, Groton’s tuition retreated from the #1 to the #14 position among peer schools. More importantly, the school's board of trustees approved funding models for GRAIN that recognize the importance of providing financial aid to those in the middle income or professional classes—those who typically assume they will not qualify for aid.
A $5 million gift, from a supporter who wishes to remain anonymous, kicked off GRAIN last November. Since then, the initiative has raised more than $14.5 million, and fundraising continues. Another early supporter of GRAIN, alumnus Pete Briger '82, explains why GRAIN is resonating within the Groton community. “Groton is appropriately focusing on the future rather than the past,” he says. “GRAIN allows for more flexibility in the financial profile of applicants in the admissions process, making it more likely that we will have an impact on the future leaders of tomorrow.”
The board of trustees deliberated over several months to create funding models that would allow for the tuition freeze and the increased financial aid to support GRAIN. Underlying the discussions was recognition that while freezing tuition has a cost, so does raising tuition. “A tuition freeze isn’t a cost, it is a forgone revenue opportunity," says Groton School Trustee William Gray P'15. "Raising tuition also has a cost, mainly in the form of a more restricted applicant pool.”