We greatly value the privacy of each family’s personal and financial information. The application and supporting documentation are held in strict confidence by our finance office.
How It Works
Our Community
As a community Jewish day school, we attract families from across the Jewish spectrum and are proud of our geographic, socioeconomic and cultural diversity. At VTT, we endeavour to make Jewish education accessible to all our families. For those families requiring more assistance than is available through AP (Affordability Program), our TAC program provides larger assistance awards for families that qualify. Each application submitted through FAST receives individual consideration and, while no guarantees are made, every effort is expended to understand the specific needs and circumstances of each family’s application. The TAC fund is in large part possible due to the generous support from individual donors and community organizations.
Accountability
As part of our commitment to equity, transparency, and responsible stewardship, tuition assistance applications are evaluated and guided based on the following principles: Fiduciary Responsibility, Balancing Individual and Community Needs, Consideration of Financial Priorities, and Commitment to Fairness and Confidentiality.
VTT relies on donations and community funds to support our TAC program. As financial sustainability is one of our core pillars, we rely on our families to make reasonable lifestyle sacrifices to ensure we can support as many families as possible while being accountable to our funders.
TAC is intended to provide financial assistance to families requiring support for more than 30% of total tuition costs, as determined based on a rigorous and comprehensive assessment of a family’s financial situation. This assessment is conducted using FAST, a software suite designed for fairness and accountability by a company called Independent Schools Management and used by schools across North America.
AP is intended to respond to the growing needs of a broader set of families who are also struggling with the costs of tuition, particularly in the face of Vancouver’s high cost of living. This program, providing discounts of up to 30%, typically requires modest financial disclosure to verify income, with awards capped at prescribed levels.
(Please note that AP will only be offered from Senior Kindergarten onwards as is the case with TAC.)
VTT cannot guarantee the same annual award. Many factors affect tuition support, including a family’s income, budget, need, cost of living, and updated policies. Given there are limited funds, families are encouraged to submit the application AND supporting documents by the deadline as we cannot guarantee awards for late applicants.
While ensuring fair and equitable distribution of TAC funds is a top priority, we are also working hard to enhance our fundraising capabilities and are actively soliciting donations to help support our affordability initiatives.
The Hebrew Free Loan Association of Greater Vancouver is a valuable resource available to families. Individuals who qualify can borrow up to $7K with an interest-free repayment plan of only $25 monthly for every $1K borrowed until the loan is repaid. Visit hfla.ca for more information.
VTT recognizes that job loss can create sudden financial strain for families. Emergency Financial Assistance (EFA) is intended only for exceptional and short-term situations where no other options remain.
Before requesting EFA, families must demonstrate that they have fully exhausted all available financial resources, including savings and investments, and that any Employment Insurance benefits have ended. Families are also expected to make a good-faith effort to secure employment, including accepting temporary or “survival” work to generate income.
As part of this process, VTT will require families to explore other forms of support, including applying for an emergency interest-free loan through Hebrew Free Loan, to help bridge a temporary gap.
EFA funds are extremely limited. As such, VTT exercises careful discretion in reviewing requests and can only provide assistance in the most serious circumstances.