What Is IB?

You have just paid $45,000 for a year's tuition and fees at St. Sedgewick's. You are all set, right? Not exactly. What happens if your child suddenly takes sick before the end of the school year? What if circumstances beyond your control force you to withdraw her from school in March? What if he is expelled? In brief, you are obligated for the entire year's tuition and fees regardless of whether your child completes the year or not.

What Are My Options?

The only remedy you have is to sign up for the school's refund plan. It typically acts like insurance in the event that your child withdraws before end of year. The insurance plan will pay for the unused/remaining portion of your child's time at the school. You contracted to pay for an entire year when you signed the contract with the school at the time she was accepted. You do not want to be out of pocket. Neither does the school. This is why tuition refund insurance is an important part of your planning for a private school education. Tuition refund policies are in place at every private school regardless of whether it is day or boarding, large or small, elementary/nursery school or high school.

St. Mary's policy is the sort of thing you can expect at most schools:

"To minimize the loss to a family due to early departure or change in boarding status, Saint Mary’s School has established a Refund Plan. Under ordinary

A private school education is not cheap. It is a substantial financial sacrifice for many families. So why do parents willingly pay $30,000, $40,000 or more for something which public education provides free? Here are five reasons why you would do so.

1. Public education is not free.

We often forget that public schools are not free. You and I pay for public schools directly and indirectly through our property and other taxes. Public school facilities and properties are not taxable. As a result, they reduce the tax rolls of the municipality in which they are located. Attend a budget hearing for your local school district. Examine the financial statements. Then you will understand how and where your tax dollars are spent.

What kind of education are your public schools providing? Do the public schools offer the depth and breadth of academic programs you want and need for your child? What about sports programs and extracurricular activities? Have these been cut or substantially reduced because of budget cuts? Peter Green spells out what budget cuts can do to an arts program in his article What We Lose When We Cut Fine Arts Education. It is pretty much the same story with any program which is deemed an extra in public education.

Private education is an investment in your child's future. You educate your child privately because you want something better for your child. Private schools do not cut sports, arts and extracurricular funding as a

Over the past two decades private schools have developed very generous financial aid programs. This has happened for a variety of reasons. But the most compelling reason is that private schools want to diversify their student bodies. They want to attract academically well-qualified applicants whose families simply cannot afford the enormous expense of sending their children to private school. Generous financial aid programs are one way of helping schools achieve that goal.

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

Keeping current with anything is a tough assignment these days. Information comes at us like a blizzard. What's a busy person to do?

An RSS aggregator helps. Bloglines is one of many. It does the job and is easy to configure. Here are some education blogs, podcasts and sites worth looking at regularly. Most offer a rich Web 2.0 experience.

• Council for the Support and Advancement of Education
• Education Podcast Network
• EdWeek Blogs
• Independetn School Educators Network
• Librarians' Internet Index
• Podcasting in Education
• School Computing
• T.H.E. Journal Online