Tips to Help You Finance School for Your Child

List: Posted: 08/02/11

As a parent, your child's education will certainly be high on your list of financial priorities.  Most parents understand the need to plan for their college expenses early, but there is also the need to consider their early education costs.  Preschool, private school, or even boarding schools are options that can be quite costly.


Preschool will be the first early education expense you'll need to face.  The average preschool can cost several thousand dollars a year and can be a considerable financial burden to many parents.  If you need help tackling those education expenses, it might be a good idea to consider talking to the school to find out if there are any options to lower the cost. 


Perhaps there are volunteer opportunities that would allow you to work to lower the bill.  You could consider teaching at the school part time, if you have the right skill set, as a way to lower the costs of your child's early education.  As they get older, you'll need to decide if they'll attend private or public school. For many parents, public school is the best option because the education costs are very low.


If you opt for private school, you can expect to pay around twenty thousand dollars a year.  Most private schools do offer financial aid options for parents who can't afford it on their own, so this is a great option to be able to afford this type of education. 

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The material in this article is for informational purposes only. The views expressed in this article are those of the author and do not necessarily reflect the views or opinions of Local.com. See Additional Information

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