4 Ways to Give Your Child a Private Education While on a Budget
Every parent wants to give their child the best education that money can buy, but for many parents, a private education seems outside the realm of possibility. A private education is too expensive, they think. But parents that send their children to our affordable private elementary school in Clearwater, FL, know this isn’t true.
The cost of a private education may seem unaffordable, but we’re here to assure you that it isn’t. Below, we discuss four ways that parents on a budget can afford to send their children to a private school. We know that money can be tight when raising a child, but by following these tips, you can surely afford to send your child to one of the best private elementary schools in Clearwater, FL.
1. Plan With Your Family
Your family budget should involve your entire family. After all, everyone in your family is invested in your child’s success. Don’t be afraid to reach out to close-knit family members, like grandparents, who would be eager to contribute to your child’s success and future.
Of course, budgeting also involves making sacrifices. You and your spouse should look over your expenses to determine if there are any areas where money can be saved. This is a common-sense approach, but you’d be surprised by how much you can save by watching a movie on Netflix instead of paying for movie tickets or by cooking at home instead of ordering in.
2. Set Up a Savings Account
The early bird gets the worm. It’s never too early to begin saving for your child’s education, especially if you want them to attend a stellar private school. As of January 1, 2018, you can set up a 529 savings plan and take advantage of federal tax benefits to pay up to $10,000 towards primary, secondary, and post-secondary schooling. Even if you just set aside a few dollars a week, you are contributing to a better future for your child.
3. Apply for Scholarships
We highly recommend Step Up For Students. This state-approved organization offers The Florida Tax Credit Scholarship and Family Empowerment Scholarship, both of which are based on financial needs and afford parents an all-important choice in deciding where their children attend school. Lakeside Christian School provides over $250,000 in scholarships to qualified families each and every year, including our very own in-house FACTS Scholarship.
4. Shop Around
While we whole-heartedly believe that our school is the best in Clearwater, we encourage you to shop around, compare prices, and find the school that’s right for your child. Remember, not all private schools are created equally. Many can run you tens of thousands of dollars a year while providing your child with a subpar education. At Lakeside Christian School, we’re proud to offer enrollment fees on a sliding scale. Tuition at our school is based on the financial capabilities of the families we serve. Schedule a visit to discuss tuition and having your child join our Lakeside Christian School Lions.