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Private & Independent Schools
Reply to "Payment schedule/plan for private school"
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[quote=Anonymous]Don’t worry about what most people do. Do what works for you. Check whether there are any fees or discounts involved — for example, DC’s school offers a $400 discount for paying in full (peanuts compared to the $54k cost, and not worth it to us for the difficulty it would cause to get the whole thing together at once) and charges an admin fee for the 10-month plan (I forget how much — not a huge amount, but since we *can* get 1/2 tuition together at once, again, not worth it *to us*, but may be a necessary cost for some). So we pay in two installments, which gives neither a benefit nor a penalty, but is what is manageable for our annual cash flow situation. [/quote]
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