HOMESCHOOL.net

Cost

Home education may have a financial impact on families. In addition to purchasing school supplies and curriculum materials, parents often cut back or refrain from employment outside the home in order to supervise the child's education. This may have long-term career consequences in addition to the more immediate concerns of reduced family income. However, many such parents say that one unique benefit is the additional time they get to spend with their children. Further, in most jurisdictions the family still must pay property taxes to the local district (even if school vouchers are offered they are rarely available to homeschooling families).

Conversely, families may see a financial benefit. Families may save unspent money on the costs of tuition outside the home, such as: school fees; levies; uniforms; compulsory books and extra curricular activities, such as school sports teams or clubs.

Of course home education can be expensive if a full curriculum is purchased and many costly activities are attended. It can also be very inexpensive by using free resources, taking advantage of free facilities, such as public libraries, art galleries, parks, and gardens, and resources available on the Internet. Considering private school tuition rates could be in a range anywhere from $2,000 to $15,000 or more per year, the range of home schooling costs, $100 to $800 per year is clearly more economical.