Choate Rosemary Hall Foundation Incorporated

The school maintains about 1.4 million square feet of residential, academic and athletic space for a community of over 1,000 members. The majority of this expense reflects the depreciation on the school property, plant and equipment, which has a current accounting value of $182.9 million.

The school discounts tuition in the form of financial aid at an approximate rate of 26.5% in an effort to recruit and retain the most talented student body. The school recognizes that a diverse student body betters the overall experience for all involved, and that while not everyone can contribute financially in terms of tuition, everyone has something to offer the choate rosemary hall community.

Management fees for food service and housekeeping expenses

Professional service expenses

Office and information technology expenses

All other program related expenses, including advertising, royalties, interest payments, outside rentals, etc.