*This Notable Numbers is intended to provide some sort of benchmark for the crisis we are facing today. As you run scenarios with your own data, I hope these can lend some context. *

*The school year is denoted by the year in which the school year ends, so 2008 represents the school year 2007-2008. The data below are for 73 PK-12 INDEX Schools.*

#### Average % Change in Need-Based Financial Aid Recipients

7% – The increase from 2008 to 2009

21% – The increase from 2009 to 2010

#### Average % Change in Need-Based Financial Aid Dollars Awarded

12% – The increase from 2008 to 2009

21% – The increase from 2009 to 2010

#### Average % Change in Applications

-8% – The decrease from 2008 to 2009

-1% – The decrease from 2009 to 2010

#### Average % Change in Yield

-7% – The decrease from 2008 to 2009

3% – The increase from 2009 to 2010

#### Average % Change in Attrition

10% – The increase from 2007 to 2008

11% – The increase from 2008 to 2009

#### Average % Change in Enrollment

0% – The change from 2008 to 2009

-1% – The decrease from 2009 to 2010

#### Average % Change in Size of Parent Annual Gift

-2% – The decrease from 2008 to 2009

-2% – The decrease from 2009 to 2010

#### Average % Change in Parent Participation in Annual Giving

-1% – The decrease from 2008 to 2009

-3% – The decrease from 2009 to 2010

#### Average % Change in Endowment per Student

-3% – The decrease from 2007 to 2008

-17% – The decrease from 2008 to 2009