Fitting Private Education into Your Family Budget

25, Nov 2021

Private education is a priority for many families. The benefits that come with putting your child into a high-quality private program can last for a lifetime. You may be convinced that private school is the right option but have doubts about how to fit the cost of private school into your family budget. The tuition and fees associated with private school can seem intimidating at first but there are ways to make it work.


Find out the exact costs associated with the program you chose


The first step in fitting private education into your family budget is to find out exactly what it costs. Getting a breakdown of the costs will allow you to accurately look at the numbers and start making a plan. Fountainhead Montessori School lists program costs online so you can use that information to make plans with your finances.


Choose a payment option that works for you


You can be billed for your tuition costs in twelve equal payments throughout the year. This design will allow you to put tuition as a predictable line item in your budget. There is also the option of paying for the year of tuition in full at the beginning of school. If you can swing one larger payment, you can typically get a discount for paying in full. You may also be able to get a discount on tuition if you send more than one child to the school.


Bundle tuition with before and aftercare


Another way to fit private education into your family budget is to look for a program that offers before and aftercare. Choosing to send your child to before and aftercare at the same place he or she attends school can be a convenient and cost-effective option. Take a look at the costs for before and aftercare at the private school and compare that to what you will pay to send your child somewhere else. Oftentimes, it is the most cost-effective to choose before and aftercare at the school the child attends.


Paying for the tuition associated with private school is typically doable if you are dedicated to making it work. Start by finding private programs that are transparent with their fees and tuition costs so you can work with real numbers. Once you know what those numbers are, consider putting them as a part of your monthly budget. You will eventually grow accustomed to the tuition coming out each month. For a discount on tuition, consider paying for the year in full. The costs associated with before and aftercare are something you are going to have in addition to tuition. You may be able to find a program that makes before and aftercare more affordable when you choose the options offered by the school. You can learn more about the costs associated with Fountainhead Montessori School on the school website.

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A parent's guide to a Montessori Education for your child
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