depends on the area you live in and school fees......
for example, we live near Manchester and some private schools (age 5-18) charge £10,000 per year (that's school fees) on top of that is all the uniform, sports stuff, travel, etc etc that you have to buy from the school.
so to save for your LO's first year, that's £166 every month from birth to age 5 but then what about the next year??????
expensive!!! esp if you start from age 5; some people put their kids in at 11
we are NOT looking at private schooling! local school will have to do !
look at websites for schools in your local area for fees
I would just look at individual private schools and see how much they cost. All the costs will be different for boarding students/day students, plus how much extras you will need to buy - sports equipment, travel, lunches etc.
I never went to private school but attended the best in my area, I see no difference in my grades and academics compared to people I know who went to private. You really have to decide if it will be of a great enough benefit for your child to attend private school as opposed to public
Holly is going to Private School - I have just set up a savings account myself and have 100 quid going into it each month, along with 50 a month into her trust fund.
I went to a state school and a private school and without a doubt I want Holly to go down the private route.
ETA - If you speak to your bank and tell them how much fees will be per year, what year your LO will be starting private school and how much you want saved at the point of them starting school, they should be able to calculate what you need to be saving each month and what the best option is for you.
Yes, we have and we are!
I started saving a while ago, putting as much aside as i could. Primary years are much cheaper in cost than junior and secondary years, but the actual amounts vary greatly on the area, the school and the type of education - day and board has huge cost differences, and some schools offer bursaries or scholarships (even for little ones!)
At the very least he will attend private secondary school, as the primary schools in this area aren't so bad. It's the secondary education that I think is more important
Average private school fees (per year) here are around 4k for P1-2, 5-6k for P3-P6 P7 upwards between 8-10k. We havent really decided yet - we have some very good primary schools around here that I would be happy for them to attend, but state secondary education here is good in only a few over-subscribed schools so its quite likely we will go state for primary education, then private for secondary.
thanks for your replies. £100 a month seems fine, i read somewhere it would be about £500 but guess it depends on area like you said. it seems to be about £4-£5k a term round here so maybe we'll just save for secondary. decisions decisions!!
I'm sending my daughter private and I don't care if I need to sell a kidney, an arm, a leg and a lung I will do it. And I'm a qualified teacher experienced in the state sector. Under Tories I can only see things getting worse now. And I am (WAS) a Tory voter.
Fees are always on the websites for schools; I will be paying out of my monthly salary. At the moment we save £10 a month into her account and have put her £250 into stocks. I will up the amount we save when I am back working.
She will be going to private school from age 3, entering the nursery with her 15 free hours. I believe the primary education is just as important as it forms the foundations on which secondary education is built. No point building on sand.
We are looking at sending our eldest, she is advanced ( assessment with an educational psychologist found her to be profoundly gifted) and she just gets bored We need to find a school more geared up for this.
Thankfully a lot of private schools here have scholarships The child has to undergo academic testing, and can get around 80% of fees paid.
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