First, consider the true cost of an independent school education. Tuition in 2023-2024 is $32,525 for DK, $34,690 for K-5th, and $39,800 for 6-8. This means roughly $36,000 - $42,000 including trips lunches, transportation, and other costs.
Calculate your ability to cover these costs. If you cannot cover expenses out of income and judicious use of assets, consider your other options: If you are counting on gifts from relatives, it is important to discuss with them whether or not they can maintain that help over the course of your child’s career at The Willows. Loans can be difficult to obtain in the current economic climate and drawing heavily on equity is risky.
If you need tuition assistance, now is the time to apply. This is critical.