The Cost of a Private Education

A quality education for your children at an independent school may cost you more than you have spent on your own home! Excellence in teaching standards and school facilities does not come cheap, but the benefits last forever.

If you would like to study all the issues involved in independent education costs, please download the Free eGuide

Here we simply give you a few examples based on different entry ages and school types:

Example A

Child aged 3 starting in average price pre-prep school in Home Counties, progressing through prep at 7 and senior school at 11 to 18 all on a day pupil basis.

• £ 128,400          pure fees only at current prices
• £ 229,572          including inflation at 6% and extras at 8%
• £ 278,825          including 3 years at University

Example B  

Child aged 3 in day schools till 11, then boarding school to 18 all at average prices

• £ 212,400           pure fees only at current prices
• £ 402,597           including fees inflation at 6% and extras at 8%
• £ 469,276           including 4 years at university (masters degree)

Example C

Child aged 11 in top boarding school till 18

• £ 161,000            pure fees only at current prices
• £ 208,501            including fees inflation at 6% and extras at 8%
• £ 258,949            including 5 years at top university (medical degree)

If you wish to take advantage of our financial planning service, all advisers are equipped with sophisticated software, which can project fees for any school at any inflation rate.

Remember that the adviser can sometimes save you more than 50% of these costs (click here)

To read about school fees in much more detail click here to download our eGuide to school fees