Reply to Payment schedule/plan for private school

Forum Index » Private & Independent Schools

Reply to "Payment schedule/plan for private school"

Subject:

Emoticons





More smilies

Text Color: Font: Close Marks

[quote=Anonymous][quote=Anonymous]We did 2 installments the last three years. The first year, we were in a new job situation we were unsure of and did monthly which made the additional insurance mandatory (I think ours was an additional $900/annually).

Do read the insurance fine print, though. I think we switched to the 2 installments because our fine print said something like after January, you're on the hook regardless or something along those lines. I'm not sure what the exact wording was, but it was clear it wasn't really insurance after a certain point.[/quote]

This is a good point as the tuition insurance usually only covers you until halfway through the school year. 
At our school, tuition insurance is required regardless of how you pay and it covers you through January. But the last monthly payment is due in January, so it all kind of works out. We pay the nominal monthly fee to pay monthly and keep the money in an HYSA and have automatic transfers set up. 
Although sometimes I wonder if we should pay in two installments and avoid getting the monthly tuition bills that just remind me how expensive tuition is! [/quote]

Options

	Disable HTML in this message
	Disable BB Code in this message
	Disable smilies in this message

Review message

Search Recent Topics Hottest Topics