- BabyandBump

kanga · Jul 18th, 2010, 12:13 PM

Has anyone looked into saving for private school for their little one(s).

Ive tried googling and can find 'university saving plans' that say you need to save about £70 a month to give your child £7k a year at uni to pay for fees etc.

But I can't find any for private schools. Has anyone looked into this/know a rough amount per month to save?

Thanks girls xx

MrsRH · Jul 18th, 2010, 13:19 PM

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

xxx

aob1013 · Jul 18th, 2010, 13:41 PM

We are planning on sending Leni to a private school, as i went and it was great for me. I also went to a normal school and it just wasn't that great.

Maybe you could just start saving yourselves? It may just depends on your area and their fees and alot of area's are different xx

rubixcyoob. · Jul 18th, 2010, 15:07 PM

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

andbabymakes3 · Jul 19th, 2010, 16:49 PM

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.

Hayley90 · Jul 20th, 2010, 12:49 PM

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

booflebump · Jul 20th, 2010, 12:57 PM

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.

kanga · Jul 20th, 2010, 14:20 PM

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!!

LankyDoodle · Jul 20th, 2010, 17:25 PM

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.

mummy3 · Jul 21st, 2010, 15:36 PM

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.

Jul 18th, 2010, 12:13 PM	#1
kanga Other BnB Addict Join Date: Jan 2010 Location: England Posts: 3,825	. Has anyone looked into saving for private school for their little one(s). Ive tried googling and can find 'university saving plans' that say you need to save about £70 a month to give your child £7k a year at uni to pay for fees etc. But I can't find any for private schools. Has anyone looked into this/know a rough amount per month to save? Thanks girls xx

Status: Offline

Jul 18th, 2010, 13:19 PM	#2
MrsRH Mum (Mom) BnB Addict Join Date: Apr 2009 Posts: 2,912	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 xxx

Status: Offline

Jul 18th, 2010, 13:41 PM	#3
aob1013 Mum (Mom) Inactive Join Date: Feb 2010 Location: UK Posts: 10,675	We are planning on sending Leni to a private school, as i went and it was great for me. I also went to a normal school and it just wasn't that great. Maybe you could just start saving yourselves? It may just depends on your area and their fees and alot of area's are different xx

Status: Offline

Jul 18th, 2010, 15:07 PM	#4
rubixcyoob. Mum (Mom) Inactive Join Date: Nov 2009 Location: 'sunny' scotland Posts: 2,718	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

Status: Offline

Jul 19th, 2010, 16:49 PM	#5
andbabymakes3 Mum (Mom) Chat Happy BnB Member Join Date: Mar 2009 Location: Southsea Posts: 1,681	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.

Status: Offline

Jul 20th, 2010, 12:49 PM	#6
Hayley90 Mum (Mom) BnB Elite Join Date: Nov 2009 Location: Kent Posts: 13,739	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

Status: Offline

Jul 20th, 2010, 12:57 PM	#7
booflebump Other BnB Spammer Elite Join Date: Feb 2009 Posts: 26,502	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.

Status: Offline

Jul 20th, 2010, 14:20 PM	#8
kanga Other BnB Addict Join Date: Jan 2010 Location: England Posts: 3,825	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!!

Status: Offline

Jul 20th, 2010, 17:25 PM	#9
LankyDoodle Mum (Mom) BnB Addict Join Date: Mar 2008 Location: England Posts: 5,080	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.

Status: Offline

Jul 21st, 2010, 15:36 PM	#10
mummy3 Mum (Mom) BnB Elite Join Date: Jan 2009 Location: CA Posts: 10,597	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.

Status: Offline

User Name		Remember Me?
Password