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ParentsCanada Guide to Private School - Fall 2017

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ParentsCanada Guide to Private School | 2017 12 | Shutterstock.com Private school has changed a lot in recent decades. No longer are even the most expensive, established, prestigious schools satisfi ed with a student body made up of young people who come from only very wealthy families. Just as our country has, today's private schools have embraced diversity. Educators, board members, benefactors, parents and students have bought into the belief that diversity, including socio-economic diversity, is good for everyone. That's why it is common for at least a quarter of pupils at private schools to receive some form of fi nancial aid – and at many schools, it's more like 40 per cent. There are many options schools offer to help make the fi nancial picture work – and several ways many families have used to be able to send their kids to private school: How schools help Most private schools build funds to be able to offer fi nancial aid. They do this through donors, alumni contributions and awards, and various fundraising initiatives. There might be mention of fi nancial aid on a school's website, but you should still connect with school administrators directly. They may have options that are not advertised, and they may make different arrangements with families on a case-by-case basis. Do your research and take a good look at a school fi rst; address the fi nancial side once you've determined a school is a fi t your child. Attend a school's open house and take part in a private interview with a school offi cial, who will want to get to know your child and family fi rst. Schools want to enrol students who will thrive at their school. If your child receives fi nancial aid, it will likely be revisited every year. Students need to stay in good academic and social standing to continue receiving aid. Scholarships may be offered to kids with outstanding academic achievement or promise . (These are sometimes entrance scholarships.) Bursaries are grants that don't have to be paid back. A bursary is given at a school's discretion, based on fi nancial need. Third-party fi nancial assessment services are often used by schools to work with families, to detail fi nancial resources and FINANCING A PRIVATE SCHOOL EDUCATION DOLLARS & cents Many Canadian parents never look into private/ independent schools because they assume they wouldn't be able to afford it. But that assumption could mean closing off education options for children that could benefi t them immensely. King's-Edgehill School

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