As most boarding schools offer the same grade levels in education as would the public school system, it is unusual for anyone to seek boarding school financial assistance. The normal pursuit is to file applications for grants or loans for college tuition, but there are sources available for parents wishing to enroll their children in a private boarding school, with most of them coming from the schools themselves.
How to find sources of boarding school financial assistance
1. How to find sources
of boarding school
financial assistance
2. ï¶ As most boarding schools offer the same
grade levels in education as would the
public school system, it is unusual for
anyone to seek boarding school financial
assistance.
ï¶ The normal pursuit is to file applications
for grants or loans for college tuition, but
there are sources available for parents
wishing to enroll their children in a
private boarding school, with most of
them coming from the schools
themselves.
3. ï¶ Because the majority of boarding schools
do not receive the same amount of
government funding as public schools
would, they depend primarily on
donations from area philanthropists and
generations of graduates for additional
monies.
4. ï¶ Their budget is dependent upon tuition
fees, so if a familyâs needs are such that
they will need help finding
boarding school scholarships,
or boarding school grants, the admissions
office should be able to give the parents
assistance in applying for one of the
three typical means of paying tuition:
scholarships, vouchers and payment
plans.
5. ï¶ Boarding school financial assistance
plans
ï¶ Most boarding schools in the United
States have one or two programs in place
to help parents cover their childrenâs
tuition every year. These programs,
usually in the form of a voucher system
of payment, or a deferred payment plan,
ensure that the children have a place in
the school, which will last as long as the
tuition is eventually paid.
6. ï¶ This system allows children from lower
economic areas to attend, and has made
getting that quality education more
possible for students that normally would
have just gotten by in a public school
system.
ï¶ The voucher plan allows families to apply
for special vouchers from the state
government in lieu of receiving a tax
return from overpaying their yearly taxes
through payroll deductions.
7. ï¶ They can then use these vouchers to pay
for their childâs tuition at a participating
boarding school, and the school gets the
monies back from the state, dollar for
dollar.
ï¶ Not all states back this kind of
educational funding, and parents would
have to be resident in a state that has a
program to request the vouchers.
8. ï¶ A deferred payment plan allows parents
to enroll their children along with
everyone else at the beginning of the
school year, and make an initial payment
of at least 15% of the yearâs tuition.
ï¶ Over the rest of the school year, the
parents can make payments to the
school to cover the rest of the debt.
Some schools allow for payments beyond
graduating into the next term, and will
have strict guidelines over how often the
payments need to be made.
9. ï¶ Scholarships and grants
ï¶ Scholarships are available for private
boarding schools, and will either come
from the school themselves, or from a
donor organization or member. Some
states also offer grants for tuition in
private boarding schools, as long as the
parents are full-time residents of the
state where the school is located.
10. ï¶ Independent scholarships are prizes from
an educational competition or contest,
and school scholarships are of the merit
type for outstanding grades, athletics or
other achievements.
ï¶ http://www.allboyboardingschools.com/