It is not surprising that the tuition page on many private school websites has a large “bounce” or exit rate. Private schools provide a high value education, customized curriculum, signature experiences, and individualized attention—which has led to annual tuition fees that can seem daunting to many.

Many families believe in the value proposition of private school, and may even have the means to afford 40-60% of tuition but never apply thinking their household income, while too little to pay full tuition, is too high to qualify for aid. These families are unaware how valuable they might be to the private school community and the incentive a school might have to meet them part-way.

When considering a private school for your child, cost is naturally a major factor in that decision. Next to academics and extracurriculars, tuition is often the deciding factor. There are many options to explore in affording private school, and there is no one-size fits all affordability plan.

Private school is an investment in your child’s education. Before eliminating a private school from your search, consider these five options for paying for your child’s tuition: