Many parents throughout the New Orleans Metro Area are trying to figure out what the school year is going to look like, and if school will be in-person or virtual. Private schools in New Orleans can cost more than $20,000 per year and are normally paid in full before school even starts. The fact that some private schools received both tuition and PPP funds may be considered double dipping. Let’s take a look at what the Paycheck Protection Program is and a list of some of the private schools who received the funds.
What Is The Paycheck Protection Program (PPP)?
According to the SBA website, “The Paycheck Protection Program is an SBA loan that helps businesses keep their workforce employed during the Coronavirus (COVID-19) crisis.” It is a loan designed to provide an incentive for businesses to keep their employees on the payroll. Click HERE for more details.
Which Private Schools Received The PPP Funds And How Much Did They Receive?
The data came from SBA.gov website and includes the range of the amount received by each school. The data that we looked at included funds from $350,000 to $5 million.
Isidore Newman School – $2-$5 Million
Jesuit High School Of New Orleans – $2-$5 Million
Metairie Park Country Day School -$2-$5 Million
St. Martin’s Episcopal School – $1-$2 Million
Brother Martin High School – $1-$2 Million
Louise S. McGehee School – $1-$2 Million
Mt. Carmel Academy of N.O. Inc – $1-$2 Million
St. George’s Episcopal School – $1-$2 Million
St Mary Dominican High School – $1-$2 Million
Ursuline Academy of New Orleans – $1-$2 Million
Cabrini High School, Inc – $1-$2 Million
St. Paul’s Episcopal School – $350,000- $1 Million
St. Mary’s Academy Of The Holy Family School – $350,000- $1 Million
St. Pius X Church And School School – $350,000- $1 Million
St. Andrew The Apostle School – – $350,000- $1 Million
St. Augustine High School – $350,000- $1 Million
St. Michael Special School – $350,000- $1 Million
Stuart Hall School – $350,000- $1 Million
Archbishop Chapelle High – $350,000- $1 Million
Archbishop Rummel High School – $350,000- $1 Million
Crescent City Baptist School – $350,000- $1 Million
St. Catherine of Siena School – $350,000- $1 Million
St. Francis Xavier School – $350,000- $1 Million
The Little Red Schoolhouse of Metairie, Inc – – $350,000- $1 Million
Victory Christian Academy – $350,000- $1 Million
Archbishop Shaw High School – $350,000- $1 Million
Immaculate Conception Parish School & Church – $350,000- $1 Million
St. Rita School – $350,000- $1 Million
Arden Cahill Academy – $350,000- $1 Million
What are your thoughts about the money received by private schools. Do you think the parents should receive a partial refund for the 2019-2020 year? What are your plans for this upcoming school year?