Unfortunately, choosing a school may be based too much on deadlines and tuition prices and not enough on the needs of the child. Because of our booming economy, many private schools are overwhelmed with applications. Parents also should plan ahead based on when their child wants to begin classes and inquire about ways to establish financing ahead of time. Financing a private education can be difficult at times, and it's important to be aware of the different options available to parents at different institutions. Grants are based on financial need therefore, not all families will qualify.
Loans are widely available, but be aware different institutions require varied repayment plans.
Most private schools offer extended payments toward tuition but some schools charge a fee for this option. Merit awards are available for students who have demonstrated special talents in various subjects. In some cases, qualified recipients lose the award if their performance level drops. Once you've established the needs of your child and considered admissions requirements and financing, the list of possible schools will become more manageable. Understand their mission statements and ask yourself if your concerns and ideas coincide with theirs.