WDW Traveler
DIS Veteran
- Joined
- Mar 13, 2007
- Messages
- 871
Did you see if they have a payment plan? A number of schools have an outside that charges a set fee instead of interest. At my dd's school, it's maybe $70/semester or $90/year to set up monthly payments.
Yes, they did offer a 6/5/4 month payment plan for an extra $75 a semester. So $600 extra. We opted to just make the payments all at once. Hear me out to the end - we got the Citi Double Cash Back credit card which pays you 1% when you spend and 1% when you pay, so 2% on all purchases. We have at the moment about 80% of what we need to pay DD's 4 years of school. We will use the credit card for the semester payments, pay off the balance when they come in and in essence, get approximately $2000 cash back by the time we are done. (We made our own discount!) We may make DD get a loan for her final semester just to give her some of the responsibility, but we will see where we are 3 1/2 years from now.