Details on private school costs and advice on minimizing them
Sometimes thought of as a bastion for the elite, private schooling is actually a mainstream option for enterprising families. There is a wide range for tuition at Canadian schools, and at the higher end of the tuition spectrum, schools are putting larger amounts of money towards financial aid. This is making private education more accessible to average families open to exploring the possibilities. In fact, over one-fifth of private school students in Canada come from families with household incomes of $50,000 or less.
Navigating private school tuition in Canada? OUR KIDS breaks down the numbers so you can get more clarity aroundcosts and budgeting.
As a rough benchmark, many private day schools in Canada charge between CA$15,000 and CA$30,000 per year, while the cost at some prestigious boarding schools may range from CA$60,000 to CA... [Read More]
Over the years, mainstream film and television have created a misconception about private schools—that they’re exclusively for the elite. While that might have been true decades ago, accessibility has improved. Increasingly, students from middle‑ and lower‑income families are enrolled in independent and... [Read More]
Many families exploring private education consider financial aid to help cover tuition costs. With tuition ranging from $5,000 to over $40,000 for a boarding school, it's essential to understand your options. While banks may offer loans or credit lines, private schools themselves often provide more accessible alter... [Read More]
While there are no explicit private school tax deductions or tax credits, there are a number of ways that parents at private schools can indirectly reduce their taxes.
You might wonder, is private school tuition tax-deductible in Ontario or elsewhere in Canada? The short answer: in most provinces, private school tuition... [Read More]
There are numerous private school scholarships available to students across Canada. Many independent schools offer internal awards, and OUR KIDS provides a list of private schools with scholarships, including those for boarding, Montessori, gifted, IB, AP, and faith-based schools (such as Christian and Catholic schools... [Read More]
Financial aid and scholarships can bevaluabletools inhelpingreduce the overall costs ofprivate school. The numberof awards handed outis increasing rapidly— as are the amounts being awarded—soprocuring financial support, either through needs-based or merit-based opportunities should be taken seriously.... [Read More]
Many independent and private schools include many services and benefits in the cost of tuition that many families are already paying for their children. By factoring in these cost savings in the price of tuition, the real costs of independent and private school may not be far from reach.
Find the scholarships and finan... [Read More]
Planning is the key to affording a private education—whether at the primary, elementary, or secondary level, or later for university. It’s never too early—or too late—to start saving.
“The best thing to do is start putting money aside as soon as possible,” says Carrie Tuck, director o... [Read More]
School grants, bursaries, and scholarships are often used interchangeably—but in the world of private school education, they carry distinct meanings. Grants and bursaries typically depend on financial need, while scholarships are usually awarded based on merit. That said, some private school grants may incorporat... [Read More]
Karen McArthur is a single mother putting her three children through private school. This is her story on why she does it, the financial challenges, and why the outcome is worth the sacrifice.
A small nail sticks out of the white wall next to Karen McArthur’s fireplace. The paint is slightly faded from where a pie... [Read More]