Since our doors opened in 1956, the greatest asset of Singapore American School has always been our teachers.
Finance at SAS is intended to promote understanding and support of school policies within our large, diverse parent community.
The articles, published every few weeks in eNews, address a range of finance-related topics, such as the school’s annual budget, financial reserves, and student demographics. “Big picture” topics are also considered, such as developments in Singapore’s international school market and differences between nonprofit and for-profit schools. All Finance at SAS articles are archived here for the convenience of the SAS community.
Finance at SAS was started in 2011 by William Scarborough, chief financial officer from 2008 to 2017, who saw a need for better communication about these matters within the SAS community. Each year’s articles are numbered sequentially, from the 100 series in 2011–12 up to the 900 series in 2019–20. As of June 2019, the Finance at SAS series includes over 120 separate articles.
Chief Operating Officer Matthew Rogers will continue with the 900 series in 2019–20, and welcomes comments, questions, and suggestions for future articles. Please contact him at email@example.com.
We hope you enjoyed reading about where SAS students come from in Part 1 of our annual description of the SAS student body.
Four out of five SAS students arrive at school on a school bus. Next year, Yeap Transport will continue to provide our bus services as a strategic partner.
June 8 will mean the end of schoolwork for our students but the start of our facilities team's busiest time of the year. During the 54 work days (including Sundays) of the 2018 summer vacation, around 100 different projects will be tackled, involving an average of 60 contractors and at least ten construction vehicles daily.
We are excited to announce two improvements that SAS families will notice when the 2018–19 school year starts in August.
Thanks to occupancy sensors installed during the student life center's construction last summer, saving energy in unused spaces no longer depends on someone remembering to press a switch.
At SAS we strive to maintain a friendly, welcoming atmosphere by keeping our security measures as discreet as possible. However, as a visible symbol of the United States and of Singapore's international community, we must err on the side of caution in today's uncertain world.
Our annual re-enrollment exercise is underway, and we invite all SAS families to complete the re-enrollment or withdrawal process by March 1, 2018. If you have already done so, we thank you.
With the 2018–19 budget adopted following Monday's community budget presentation, this week we paint the broader budget picture by explaining our priorities in managing the funds entrusted to us by our students' families.
Our annual re-enrollment will start after winter break, and we invite all SAS families to be ready to complete the process by March 1, 2018.
Singapore American School has a spacious green campus, top-notch facilities, and excellent educational resources. But our greatest asset has always been our teachers. This week, we explore the demographics of these professionals, who focus their energy, enthusiasm, and expertise on educating your children.
We hope you enjoyed reading about where SAS students come from in Finance 703 last week. We now continue this discussion by exploring why SAS families are in Singapore, who pays the bills, how long students stay at SAS, and where our families live.
SAS parents are often amazed at the diversity of their children's classmates. This year, our community includes students from over 60 different nations. In part one of our annual student demographics article, we explore the 2017–18 particulars of our always-evolving SAS community.
As we finish our fifth week of the 2017–18 school year, we are pleased to present an update about enrollment numbers, new staff, and summer facilities projects.
Welcome back from summer break, and a special welcome to those families new to SAS!
In our final 2016–17 article, we give a summary of the current numbers of students and teachers leaving and joining our SAS community.
The start of the summer holidays means the start of the busiest time of year for our facilities team. Over the sixty-one work days (including Sundays) of the 2017 summer break, eighty-one different projects will be completed across the divisions.
Our three previous SAS Mythbusters articles were of interest to many readers, This week, we answer questions about goalpost safety, campus drinking water, morning traffic, accident insurance, and school board remuneration.
We are deeply grateful to all who support the school through donations of money, time, expertise, and enthusiasm. Without this support, many of the special opportunities our students enjoy would not be possible.
Unlike most of Singapore's international schools, SAS includes all required school trips—except for Interim Semester—within our tuition fees.
For many years, SAS has maintained financial reserves with the goal of ensuring our long-term stability and continued success. In the last year, the school board has reviewed how we organize, allocate, and invest these savings, and has combined them into a single pool called the endowment.
For parents, re-enrollment represents a renewal of your commitment to SAS for the following year, and completing the process guarantees your children seats at the school.
We have several priorities in deciding how to allocate the school's money. On the one hand, we strive to provide an excellent education that develops in every student the skills, knowledge, and character needed to thrive in the 21st century.
SAS has a total of 375 full-time equivalent teachers this year, not including instructional assistants and administrators. Their average age is around 45 years, similar to what it has been for the last eight years.
In the last two decades, educational options for foreign students in Singapore have expanded significantly. SAS, one of Singapore's original international schools and still one of few non-profit private schools here, continues to be among the most respected institutions for expatriate students. However, the changing educational landscape has implications for us.
As our two previous SAS Mythbusters articles provoked many positive responses, we are pleased to consider another batch of SAS "myths" and explain the facts surrounding them.
Several weeks ago, we shared demographic information about where SAS students come from (read Finance 603 here). We now move on to information about why SAS families are in Singapore, how long students stay at SAS, and where our families live.
Families new to SAS are sometimes surprised by our security precautions. We strive to maintain a friendly, welcoming atmosphere at SAS by keeping our security measures as unobtrusive as possible.
For most SAS parents, the diversity of our student population is one of the best things about an SAS education. This year's SAS community includes students from 62 countries, all learning with and from each other.
As we come to the end of our fourth week of school, we hope that all students are well on their way to making new friends, settling into routines, and becoming comfortable in classes, divisions, and activities.
Welcome back from summer break, and to our new families, welcome to SAS! Finance@SAS is the school's finance column, written with the goal of enhancing our community's understanding of the financial, operations, and investment decisions made by the school administration.
As we reach the end of another year, we thank you for reading our school finance articles. We hope that giving our large, diverse community regular updates about the school's financial decisions helps to promote parents' understanding and support of school policies.
We are pleased to announce updated contracts with Hoe Brothers Catering and Yeap Transport for next year, ensuring continued high standards of service for SAS diners and bus riders.
During the 57 days (including Sundays) of the 2016 summer vacation, 99 different projects will be tackled, involving an average of 80 contractors and 15 construction vehicles daily.