A School Administrator Talks About Paying for Prep School

Paying for private school in tough timesAs Brian mentioned in the post before this one, late last week I sat down with two financial aid experts for a podcast that examined financial aid in an economic downturn. My guests offered sound advice for families considering financial aid options.

We’re always on the lookout for additional FA articles & resources and Rob Kennedy, my friend at privateschool.about.com, offers a number of blog entries that focus on the topic.

I encourage you to visit his site and read through his writings. A good one to begin with is his post on Paying for Private School in Tough Times- a Q&A with Dr. Wendy Weiner, Principal of Conservatory Prep Senior High.

Rob asks Dr. Weiner about what parents of currently enrolled students should do if they find themselves in a position where they can’t afford their tuition payments.   

Dr. Weiner discusses the need to maintain an open line of communication with your school (a point we always stress); should parents use college savings to pay for prep school; what are your contract obligations; and renegotiating aid based on a change in circumstance.

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