Reply to How do people afford the Lab School?

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]I wish my child could go to this school but we cannot afford it. How do people afford this school? We live in Arlington and pay 700/mo in property taxes, but when I tried to research private school vouchers for VA, I got a dead end- basically there are no vouchers, just tax credits for companies who contribute to funds for groups that have scholarships for private schools- it was really unclear how I could apply for a scholarship from such a group. We are willing to move to DC.  What are the financial options to pay for this school? [/quote]

doing backwards math - if your property taxes are $8400 a year that tells me your home is valued around $800K? NO WAY will anyone give you aid based on that fact alone.

And moving to DC isn't going to get it done either.  it's not like you just apply, and then have it granted.  it usually involves you having to get attorneys, and then most likely still getting nothing.

have you looked at private loan options? tapping your home equity?

Our HHI is around $300K, we live in a modest house, drive used cars, haven't taken a vacation in 4 years - so that we can pay for private.  it is what it is. [/quote]

I’d move to DC- not further out. They are more likely to pay for a special school.

+1. You could get a condo or house further out for 400-500k and probably swing private.  It’s not pleasant to pay $40k for school but for some kids it’s the best option.[/quote]

I’d move to DC- not further out. They are more likely to pay for a special school.[/quote]

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