Think You Can't Afford The Best Private High Schools? Think Again

Many parents believe that private high schools are out of their reach, but there are a variety of ways parents can pay for the best private high schools or private elementary schools.

If you're interested in sending your child to the best private high schools or excellent private elementary schools, you might be intimidated by the price tag that can come alongside it. While the cost of this type of education can be high, that doesn't mean that these schools are reserved for only the very wealthy. Before writing off this type of educational experience, consider these alternative ways to help fund it.

Scholarships Abound For Private Elementary Schools And Private High Schools

When most parents hear the word scholarship, they automatically think of scholarships for college. However, scholarships are available for students all the way from elementary to high school. They're not often determined by need and instead are awarded on certain criteria. Some scholarships are given to children whose parents work for certain companies, others are awarded based on religious affiliation or given by different community organizations. Your school should have a financial aid officer who can help direct you towards scholarship programs in your area. If they don't a simple web search should uncover dozens of opportunities.

Vouchers

School vouchers can sometimes be a controversial political tool, but the truth is that they're available in some areas. A voucher will allow you to use a portion of your taxes that go towards the local public school and apply it to the tuition for private educational institutions. Vouchers are not available in all areas and may come with strict stipulations, so make sure to look into them thoroughly before assuming they can be used.

Financial Aid

Financial aid is another tool parents can use for paying for education. Unlike scholarships, financial aid is typically need based. However, that doesn't mean that parents need to be destitute in order to qualify for it. Financial aid officers at the educational institution will take a look at mortgage payments, pay stubs, tax returns, stock portfolios and more to get a complete financial picture for each family. Families with two or three children at an educational institution may receive significantly more financial aid than a family with just one child at the school.

Payment Plans

Administrators and financial aid officers at private high schools and private elementary schools understand that families may not be able to afford a $5000-$10,000 payment for tuition all at once. Because of this, it's not uncommon for a school to make arrangements with parents to pay for tuition using a payment plan. Payments can often start in the summer before school begins and be stretched out throughout the entire year. Although this doesn't reduce the amount of the tuition, it does break it down into more manageable chunks.

The best educational start can help set your child up for a lifetime of positive educational experiences and can help them get into some of the best colleges in the country. If you're concerned about paying for this experience, however, look into alternative methods of paying before deciding you can't afford it.

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