HOW TO PAY FOR PRIVATE SCHOOLS?

[RAB321]

Other than :
1. Paying the annual lump sum
2. school bursaries
3. schools optional monthly payments

Has anyone taken advantage of any other payment method or are you researching that at the moment?

[Reading Mum]

our indie is termly fees.

I have heard of paying the lot up front for some sort of discount but could never see the advantage in that as circumstances change.

[lefol]

For ds1 , fees can be paid in a lump sum with a discount. I think the discount is about 3% if you pay in advance . If you have loads of money stashed away for fees , stop reading now. If you don't , then it is a good idea to save and plan ahead for the fees so they do to come as a surprise . When I found out ds1 had been accepted in march , I opened a separate account and started saving from March to August . This meant I planned ahead and in August it was not a big shock . The first term fees are usually higher especially for year 7 as you have uniforms, insurance , PTA , school ta and all sorts , but after that , you just pay the fees and any extras . I usually budget separately for trips , concerts etc . My advice is to plan ahead . Some parents pay monthly, but prefer termly fees .

[Son123]

Bancroft fees can be paid termly or monthly for 10 months , payments work out over 1300 hundred a month , I have a child there and they do not offer any sibling discount either , my son is starting in September too , it's such a commitment