On Friday, March 1, the Advancement Office sponsored their recognition of St. Mark's Tuition Freedom Day, marking the point during the academic year when the School's operating expenses are no longer covered by tuition revenue, and the Annual Fund and endowment "kicks in" (i.e., tuition only accounts for 60 percent of the total cost of educating a St. Marker). The gap between full tuition and the real and fullcost of a SM education is $25,000.
The goal of this event is to create awareness within the student body of the necessity of the School's fundraising endeavors. Without outside funding, tuition for all students would dramatically increase. The Advancement Office hopes to educate their students about the importance of giving back to St. Mark's and how they directly benefit from the generosity of others.
In addition, participation in the Tuition Freedom Day endeavor was part of the annual Quad Games competition.
Some 200 notes were signed this year—twice as many as last year!