subscribe
back issues
reprints
contact us
Wealth in Perspective
Wealth Management
Thought Leaders
Money and Meaning
Passion Investments
Wealth Management Sourcebook
Multifamily Office 2008
Previous Issues Index
/ Home / Editorial / Money & Meaning / Family Matters /
Private Education
The Pivotal Decision
Jill Rachlin Marbaix
05/03/2004


Interviews are important, even for our youngest. Pre-school admissions in New York City, for example, are determined largely by the interview and the family’s background, says Emily Glickman, founder of Abacus Guide Consulting, a firm that assists families in selecting private schools and facilitating admissions. Schools are interested in what family members do for a living—and how they fit into the culture of the school. Parents who are investment bankers might receive preferential treatment if the children of lawyers already populate the class in question—or vice versa. It is a matter of luck as to how our family may or may not fit into a given year’s demographic mix. However, we can increase the odds of success if we schedule interviews at a time of day when our child will be most rested and lively.

“[Parents] should understand what is special about their child and what is special about the school and why it is a good fit.”
Emily Glickman
For older children, says Glickman, “I counsel families to be confident and comfortable. They should understand what is special about their child and what is special about the school and why it is a good fit. Their questions should be to the point and highlight the student’s strengths and the family’s values.”

Family ties, though never a guarantee, do not hurt. “The legacy connection is very important for a private school and for colleges,” says Schoenfeld. “Legacies bring a sense of spirit and community—and donations down the road.” A child who is a direct descendant of alumni has a distinct advantage, while having an older child already at the school also helps, as do recommendations from alumni, benefactors, board members, or parents of children currently enrolled.

Schools appreciate donations—but not those that smack of bribery. Never mention money during an interview, Glickman advises. The correct protocol in these situations is to be indirect; we should let the school know that we have supported other educational institutions before, and that we intend to back strongly any school our child attends.

1 | 2 | 3 | 4 | 5 | 6 | >>
Printer Friendly Version  Email a Friend


Related Articles
» Embracing Our Alternatives
» Framing Our Children's Future
» Lessons in Legacy
» Child’s Play
» Essential Interventions
 
Get a FREE ISSUE and a FREE GIFT

Simply fill out this form to receive a complimentary issue of Worth and a FREE gift ("The top 25 Questions for Your Private Banker"). If you like the magazine, you’ll pay just $36 for 5 more issues (6 in all). If it’s not for you, you can return your invoice marked "cancel", and owe nothing. The FREE issue and FREE gift are yours to keep.
Name
Address
Canadian orders click here
International orders click here

Unsubscribe from subscription emails click here
 



Family Office Wealth Conference