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Response to Rhiannon12866 (Reply #3)

Sat Jul 25, 2020, 09:14 AM

4. Found it! On HuffPo

The article mentions how the private school has already been to the federal trough to lap up tax dollars.

St. Andrew’s has already gotten a handout from taxpayers as part of the federal Payroll Protection Program, enacted to help small businesses pay employees during the pandemic. The loans are forgiven if the funds are used for eligible expenses, such as payroll, utilities and rent.

Despite having an endowment of more than $8 million, according to a 2017 tax filing, St. Andrew’s told CNN that it applied for the funds to “ensure retention of our full faculty and staff ... during this very challenging and uncertain time.”

School officials have refused to reveal how much federal aid was obtained, but some similar private schools in the area have collected millions in PPP funds. Annual tuition at St. Andrew’s for the 2020-2021 school year is $44,590 per student, plus fees.


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Rhiannon12866 Jul 2020 OP
soothsayer Jul 2020 #1
Fritz Walter Jul 2020 #2
Rhiannon12866 Jul 2020 #3
LineLineLineNew Reply Found it! On HuffPo
Fritz Walter Jul 2020 #4
usaf-vet Jul 2020 #5
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