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This paper presents a hypothesis testing of a moderating effect of school socio-economic status (SES) on the association between family SES and achievement via multiple regression analyses. Publicly available data was collected from a large sample of 5325 15-year-old school students from 227 secondary schools of Moldova by the Programme for International Student Assessment, PISA 2015. Results suggest that there is statistically significant moderating effect of SchoolSES on FamilySES-Achievement relationship but only partially confirm the conclusion of PISA team that educational equity is at a moderate level in Moldova. The paper also discusses the next steps of the study, which will investigate the type of the SES-achievement slop.