12 Boarding Schools Costing Less Than $20,000

One of parents' first questions about sending their children to boarding school is how to pay for it. Boarding schools charge from $25,000 to $65,000 a year. That is a lot of money for most of us. Since I am not Boston Kennedy but rather a poor Scots-Canadian, I remember well confronting that reality when we were investigating schools for our daughters. With that experience very much in mind, I have created this hub as a guide to the financial side of things as you explore boarding schools.

How Do They Pay for It? examines the answers to a question one of my young employees asked me when he discovered that many boarding schools cost significantly more than what he made in a year. He didn't realize that most private schools offer financial aid.

Financial Aid 101 explains how financial aid in private schools works. Private schools give families millions of dollars annually to help them afford a private school education. Families with incomes in the $150,000-$250,000 range can be eligible for financial assistance depending on their financial situation.

Paying for Private School introduces you to the several payment options available to you. The important concept to understand here is that if you need financial assistance to send your child to boarding school, ask about it at every school on your shortlist. Always ask.

Making the Financial Aid Process Work for You walks you through the financial

As you begin to think about sending your child to private school, how you are going to pay for her education is probably going to be at the top of your list of questions. As you can see from the table below, most private schools offer a variety of payment options. Hopefully, one or more of these options will suit your needs. Copy and paste this table into your worksheet that you have set up to keep the private school search process organized. That will remind you to ask specific questions about financing your child's education.

One Payment

What this means is that you write one check for the entire year’s tuition. Some schools will give you a cash discount when you pay the entire bill upfront. Paying tuition in one payment usually takes care of everything except the sundries. Sundries are charged for riding lessons, elective courses, athletic activities, music lessons, and so on. Most schools will bill you monthly for those charges.

Two Payments

When you pay using two payments, be aware that most schools expect one payment in June or July or at some time well before school begins and the second payment in December. The split varies from

It may seem odd that with so many quality boarding schools in the USA that any American high school student would look north of the border to enhance their education. What could possibly motivate young Americans to venture to Canada for high school? Well, the many brave souls who have begun this voyage of discovery have quickly realized the merits of such an option. Consider some of these points that our current American families know, and prospective families might want to consider, about a Canadian boarding education:

You are not alone. There are many Americans in Canadian boarding schools (for instance, nearly 10% of the entire boarding population at my school, Brentwood College School, are from the USA!).

Rolling Admissions

For the most part, there are no specific application deadlines in Canada. You can pretty much visit any school at any time of the year and, if you are a good candidate and there are still spaces available, you could be offered a place without waiting until March or April. Most schools will even allow you to wait until you find out if you are accepted to some American schools in the spring to make a decision. It does take the pressure off families that simply want to know if they are accepted.

This video gives us an overview of Bishops College School in Lennoxville, Quebec.

No SAT?

Americans may also

Recently I landed in Jakarta on a recruiting trip. Immediately upon exiting the terminal, as happens in many countries, a small crowd of entrepreneurial ‘taxi drivers’ surrounded me, all trying to grab my suitcase and waving their ‘Official Airport Taxi ID’ badges in my face. Had I not been a seasoned traveler, it would have been very difficult for me to determine which of them, if any, to believe. They all looked authentic and sounded sincere.

Like inexperienced travelers, most prospective families know very little about boarding schools when they first start looking. They need support in determining which school is right for them. They must rely on word of mouth, the research they can do themselves, and their own intuition. But this is easier said than done; if you visit enough schools (which you should), they all can begin to appear quite similar. So it can be a daunting task to determine which school is ‘right’ for your family.

If you read the mission statements, vision statements, school philosophies, tag lines, and Head’s Messages of all the boarding schools on their websites, they all pretty much say the same thing. They offer a well-rounded education, character development, top-level academics, small classroom sizes, modern facilities, great mentoring, and a safe learning environment.

So what makes them different from one another?

This is where doing your homework is important. Each boarding school tends to have at least one differentiator, something that makes them stand out from the crowd. For