While this was a very tough decision, having avoided an increase since 2016, ongoing inflationary pressures have led to this unavoidable increase
We do not take this lightly and have a deep appreciation of the precious relationships that we have built with our sponsors over the years, a partnership we hope to continue, as well as developing new ones despite this impact
Though on the otherside of economic pressures, this increase more importantly reflects the fact that a St Jude’s scholarship today has never been more valuable. Over the last few years, we have significantly improved our academic programs, investing in computers and IT resources to support our new online English as a Second Language (ESL) and typing programs. Our clubs, arts and sports programs have also expanded, providing stronger skills development to round out a quality, holistic education.
Sponsorship pricing from January 2024
Sponsorship Package | Current Annual Price | Current Monthly Price | New Price Annual | New Price Monthly | Increase Annual | Increase Monthly | % Increase |
---|---|---|---|---|---|---|---|
Sole (100%) |
$2,880 |
$240 |
$3,240 |
$270.00 |
$360.00 |
$30.00 |
13% |
Co (50%) |
$1,440 |
$120 |
$1,620 |
$135.00 |
$180.00 |
$15.00 |
13% |
Shared (25%) |
$720 |
$60 |
$810 |
$67.50 |
$90.00 |
$7.50 |
13% |
Tertiary Sole (100%) |
$4,500 |
$375 |
$5,040 |
$420.00 |
$540.00 |
$45.00 |
12% |
Tertiary Co (50%) |
$2,250 |
$187.50 |
$2,520 |
$210.00 |
$270.00 |
$22.50 |
12% |
Tertiary Shared (25%) |
$1,125 |
$93.75 |
$1,260 |
$105.00 |
$135.00 |
$11.25 |
12% |
Now, you may have several questions about the changes to sponsorship package prices. We have tried our best to answer as many as we can, however, if you can’t find the answer you are looking for, feel free to email Brenda, our Sponsor Relations Team Lead at SponsorComm@schoolofstjude.co.tz
The first reason is inflation and the rise in prices we are all experiencing around the world. In Tanzania for example, prices and wages have risen by 30% since our last price adjustment in 2016. This has significantly increased our running costs over the years, amongst other things. Although we have been working to cover the extra costs through other donations and fundraising campaigns, it is becoming increasingly challenging to continue doing so.
Secondly, and more importantly, our sponsorships are bigger and better than ever! Since our last price adjustment in 2016, we have:
The reality is that all these initiatives require skilled staff, equipment, and maintenance – which of course translates to an increase in operational costs.