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Private & Independent Schools
Reply to "Deposit at private school?"
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[quote=Anonymous][quote=Anonymous]It is not at all uncommon for a family to pay the deposit and then make a different choice, usually because of getting off a waitlist, and lose the deposit. June 1 (or whatever the date is for a particular school) the tuition is binding entirely no matter how much of it you have actually paid. It is a good idea to get the tuition insurance which will cover some withdraw scenarios.[/quote] Tuition insurance typically requires the student to have attended at least two weeks of school, which makes it not useful for a situation where the family changes schools before classes start. [/quote]
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