How to Finance a Private School Education

Here's How:

1. Complete the Parents' Financial Statement from The School and Student Service for Financial Aid.
2. Determine what you can afford to pay by completing the PFS forms.
3. If you need to borrow funds, begin that process now as well.
4. Determine what scholarship or other financial aid the school will offer.
5. Investigate tuition payment plans which can help budget the large expenditure.
6. Explore the possibility of tuition free schools if applicable.
7. Find out what community resources and programs might be available.
8. Complete and submit all applications and supporting documents on time.

Tips:

1. If an expensive prep school is beyond your means, consider a parochial school which can often be much less expensive.
2. Don't forget to include sundries such as travel and clothing expenses in your budget.