Investing in your child's future
Private education is a long-term investment in your child's future. Investing time and money in their education now will pay dividends for years to come. But when it comes to paying school fees, most parents are looking at large lump sums that can be difficult to manage on top of other household bills.
What is the difference between a public school and private school?
It's not just about the price. There are many advantages to choosing a private school over a public one, including more individualised attention from teachers, smaller class sizes that allow for greater student-teacher interaction, and specialised academics that focus on each child's strengths.
1. Private schools are often more academically rigorous than public schools
2. Students at private schools are less likely to be distracted by outside influences
3. Private school students have a better chance of getting into top colleges and universities
4. Private school tuition is typically higher than public school tuition, but the investment can pay off in the long run
How much does private education cost?
In recent years school fees have been increasing year on year, and according to the Independent Schools Council (ICS) 2020 survey, the average quoted charge of independent school tuition fees in the UK is roughly £11,763 for boarding, £6,636 for boarding day pupils, and £4,980 per term for day schools.
With this in mind finding a better way to pay for school fees can be found with Orchard Funding. Our monthly plan offers peace of mind - our fees are fixed for the entire school year.
We will provide you with a clear indication when you apply however the majority of our parents are charged an interest rate of 3.90% per annum. This is an Annual Percentage Rate of 7.36%.
How can Orchard help your school?
We offer our customers the opportunity to spread the cost of school fees rather than paying all at once - this way parents don't have anything else taking up their already stretched budget!
Since Orchard Funding Ltd entered the school fee funding market in 2017, choice has been at the centre of their proposition.
- Choice of offering fee funding direct to the public or through a school partner.
- Choice of secured or non-secured funding.
- Choice to receive funds early or later to help drive down price.
- Choice of working capital or asset funding.
With our simple and flexible range of products, we can help parents stay in the sector especially if their financial circumstances have changed. This means schools don’t always have to dip into their bursary fund to hold onto students.
With our monthly payment plan we offer peace-of mind that fees will be fixed throughout a school year so there’s no need worry about unexpected changes in circumstances or budgeting errors which could lead you into difficulties.
It's never too late! We can start spreading those payments right now - just give us call on 07854 380900 or email email@example.com for more information about our plans.
*Credit is subject to status. Terms and conditions apply. Credit agreements are available to over 18s only.