Financing a Private School Education
While a private school education adds value, it does represent a significant investment and thus requires careful planning. Fortunately, a number of resoures are available to help families keep the cost within reach. Planning strategies should recognize that the family bears the primary responsibility for financing a child's education to the extent that it is able. After that, there are a number of reputable organizations dedicated to helping families to keep the cost of a boarding school education affordable.
Perhaps the best source of information is the financial aid officers at the individual schools you're considering. They can explain the full range of options that they offer and may be able to provide some information on the limited outside funding sources available. Understand that each school may offer different strategies and may have varied policies. It is important to ask each school about the specifics of their various options and see how these options fit within your financial planning.
This article was reprinted with permission from The Association of Boarding Schools
© 2004 The Association of Boarding Schools, All Rights Reserved
Reprinted with the permission of the Association of Boarding Schools. © 2004 The Association of Boarding Schools, All Rights Reserved.
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