Managing Home School Costs

Home schooling is now, more than ever, beingA study on families on home study programs
considered as a viable alternative to traditionalnoted that on average, the parent conducting the
schooling. The reasons for which are diversehome school is the mother, who holds a college
ranging from cultural/religious beliefs to economicdegree. It has been calculated that her staying at
matters.home, instead of working, costs the family an
The notion that home schooling is much lessestimated $38,000 every year - money that
expensive than sending your child to ancould have possibly been used to address the
educational institution is prevalent, but notfamily?s other pending needs.
necessarily true. Pound for pound, while a homeHelping defray the costs
school education is less costly than a privateBut before you get fully discouraged with the idea
school, it will likely be more expensive than aof home schooling, there are ways to reduce the
public school.expenses. One way is to participate in support
Starting outgroups for home schooling families.
For one thing, if you?re just beginning with homeThis affords you a great opportunity to share
schooling (and if you don?t have a teachingresources with similar families saving you the need
background), it is recommended that youto buy an entire set of materials for your child.
subscribe to an independent study program orJoining groups like these allow you to borrow or
buy a boxed curriculum suited to your child?s skillswap things like textbooks, boxed curricula or
level. While these may cost, these will guide yourreference materials. An added plus to joining
first few attempts at home schooling and helphome school family groups in your area is giving
eliminate the trial-and-error process in finding outyour child the opportunity to interact with kids
how to run your home school just right. Thesejust like him/her who are home schooled as well.
services and products range from a low of $300Depending on where you live, some states allow
to a high of $1,500 depending on the program.home-schooled children access to public school
Direct costsresources and some local virtual charter schools
However, the costs do not end there. You willprovide teaching materials for little to no cost.
need to supplement the program with textbooksSome will even offer annual stipends to pay for
as well as workbooks. Up-to-date referenceactivities like piano lessons. Taking the time to
materials are also needed such as an encyclopediaknow what assistance you can avail of to help
CD-ROM and Internet access. These will requiresubsidize the costs will more than pay for the
purchases and subscriptions as well.effort you made to do so.
It will do your child much good to provide properSome money-saving tips
furniture and fixtures for studying. Getting them aIt helps to know that if you have other children,
proper study table, a comfortable chair andthe costs of home schooling can be reduced with
adequate lighting will show positive results in theeach child since the materials may be reused or
child?s attitude towards learning. A computer torenewed for a much lower cost.
aid in their research and homework is alsoTake the time to explore your public library and
essential.use what they have to offer. They?ll be more
It is also possible that you may have to avail ofthan happy to see you visit as frequently as
tutorial services to cover subjects that you mayevery week. This greatly reduces the need to
have difficulty in teaching yourself. These can bebuy books every time and on occasion allows you
done on a per course/per subject basis whichaccess to newly published ones that would
may help reduce costs, but not by much. Forotherwise be expensive.
example, a one-on-one advanced history class forVisit yard sales, book sales or swap meets
high school students can cost about $300.whenever you can. You may just find that
To provide a well-rounded education for yourperfect study table, teaching aids or that
child, you will also need to include non-academichard-to-find textbook for a fraction of the cost
activities as well. This may mean music, sport orof buying it from a store.
art lessons and perhaps even planned educationalWhen considering the costs of something as
trips to museums and galleries, theaters, andimportant as your child?s education, it is best to
nature parks.think of them as investments rather than as
Opportunity costsmere expenses. When managed properly, what
These are the direct costs of running a homemoney you have can go so much farther than
school program but in calculating the total cost forthe actual costs as you give him/her a
running a home school, you may also need tomemorable childhood of learning and discovering ?
consider certain indirect costs.with you at their side.