Paying For It
Here's how Exeter describes why it offers the very generous financial aid it does:
"Socioeconomic diversity has been a characteristic of Phillips Exeter Academy from our founding. It's built into our ethic—to attract and teach 'youth from every quarter'—and it's crucial to the nature of our community and our classrooms."
St. Paul's School, Concord, New Hampshire expresses its commitment to financial aid as follows:
"We are committed to making St. Paul’s an affordable option for families.
To honor this commitment we will:
- Consider a household income of $80,000 per year or less as qualifying for full financial aid.
- Families with an annual income of less than $200,000 will not pay more than 10% of their income toward tuition per year."
Deerfield Academy outlines its full-need grants as follows:
In 2012-2013 over 28% of our financial aid recipients received full-need grants. These full-need grants include 98% or more of tuition coverage as well as other forms of assistance. These can include coverage for laptop and schoolbook purchases, travel allowances, stipends for school supplies, music and dance lessons, and
- Pay the fees in two installments.
- Sign up with a tuition payment service and pay monthly installments.
- Borrow the funds you need.
- Apply for financial aid.
- Investigate other funding sources.
The way these plans work is that you in effect are borrowing from them. You borrow one year's tuition fees and incidentals. Then you repay in equal installments, generally 10 installments. The plan in turn pays the school on the tuition due dates. This is a good payment option if you need to spread the payments over several months.
Your school supply list will depend on what grade you are going in and what school you go to. Each school has their own way of doing things. Sometimes, schools will charge a supply fee and provide the student with most everything they need. Sometimes, schools will ask for items that become communal property, i.e. computer paper, tissue boxes, and even pencils. More than likely, the private school student will be asked to bring in their personal school supplies which they will use the ensuing year.
The purpose of this article is to give you a preview of what the typical private school supplies list will be like, provide shopping tips and give you our favorite online school supplies shopping sources. Our example supply lists are broken down: one for elementary students and one for high school students. Remember to check with your school for their actual list before you start shopping.
At the elementary school level more so than at the high school level, supplies can end up as "communal" in nature, since students tend to