National News Roundup

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National News Roundup

Contributions to private elementary and secondary schools rose substantially in the 1993-94 school year after two years of moderate increases, according to an annual survey by the Council for Aid to Education.

The 377 independent schools participating in the survey reported that contributions rose 11.4 percent, to $550.7 million last year. The average for each school was $1.41 million.

The increase marked the third year in a row of growth above the rate of inflation, after two years in which giving failed to keep pace with inflation, the 1989-90 and 1990-91 school years.

The participating institutions represent 38 percent of schools that belong to the National Association of Independent Schools.

Vol. 14, Issue 35

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