Why Finance Tuition for Private School

Spreading private school tuition payments over 18 months or more allows you to take advantage of future earnings and have more disposable income for what your family needs now.

There are as many reasons why families choose to finance tuition as there are families:

	First year with two siblings in school
	Family just purchased a new home or second home
	Single parent/divorce situations
	Small business owner or professional whose income fluctuates
	Parent who wants to bridge the gap until a bonus, promotion, raise, or tax refund arrives
	Family who needs to free up room in the family budget for other priorities (vacation, parental care)

An extended payment plans provides families with low monthly payments that fit the family budget and low fixed rates, so payments never increase. You avoid fees associated with your school's billing program and qualify for any payment in full discounts your school offers.

Families usually set up a payment they know they are comfortable with and then pay more than the minimum whenever they can, to pay down their loans more quickly, lowering their total cost. Future tuition payments can also be rolled into an existing loan to keep the fixed monthly payments affordable.

Many families choose to invest in a private high school education in order to provide the strongest possible foundation for college. They know that there is more financial aid available for college than for secondary school. And, spreading tuition payments over more than just ten months makes a private school tuition much easier on the family budget.