Helping You To Study In Your Dream School Without The Headache Of The Fees
The private school grants are the financial aids that are given by various associations to the students who are attending the private schools. The high tuition fees of these private schools make them unaffordable to many of us. But the private school grants help us to attend our dream schools without much headache about the fees.
What are private schools?
The schools which are not administered by the state, local and national governments are known as private schools. These schools have a freedom or independence of choosing their own students and do not depend on any external association’s guidance. They get their income mainly from the tuition fees of the students and do not depend on any government for financial aid. However the students of these schools may apply for the private school grants which will reduce the amount of their tuition fees and help them study in these private schools.
What Types of Private School Grants are Available?
Various types of the private school grants are available in the market which may be utilized by the students to relieve the pressure of the high fees of the private schools:
Need Based Financial Grants: These grants are given to the students by the various private schools depending upon the financial conditions of their family. These do not need to be repaid. These are shown in the schools budget as schools responsibility towards the sub economic students.
Merit Based Grants: These are the private school grants which are given to the students who are exceptionally well in their academics. These are not dependent on the financial conditions of the students and only depend on their GPA. The amounts of these grants may be very high but you must be sure that the school you are attending offers a merit based grant.
Tuition Payment Plans: Many families cannot afford a private school even after receiving a grant. These families may take extra help from the tuition payment plans. These are loans which are available but need to be paid back.
What Amount of Money is Available from The Private School Grants?
As the private school fees are very high so the amount of grant available are also quite high and usually ranges between $ 9000 and $ 17000 depending on whether you are a day school goers or boarding school student. The various schools offer a private school grants amount of about $ 957 million.