Alternative Payment Plans
Interest-Free Payment Plan
St. Christopher’s School offers the services of Tuition Management Systems. The interest-free payment plan allows families to allocate school expenses over smaller monthly installments, which are paid over the course of the school year. The only cost is an enrollment fee, which ranges from $35 to $70 depending on the plan selected. Payment options include a 4 equal-pay-plan or a monthly option.
529 Savings Plan
You can also now pay for private school tuition with a 529 College Savings Plan. The 2017 Tax Cuts and Jobs Act allows families to use 529 plans to pay up to $10,000 per year in tuition expenses at elementary or secondary private schools. Parents may want to consult with a financial advisor to evaluate the potential benefits available under this law.