These tips can help keep summer camp expenses under control:
- Ask about scholarships. Most camps offer some sort of assistance, such as tuition reduction or discounts. These "camperships" may be based on financial need, while others may be based on talents and ability (Associatedcontent.com April 18). Check the camp's website for details, but also call the camp directly and ask about unadvertised scholarships.
- Check into organizational discounts. If your child belongs to the Girl or Boy Scouts, YMCA, or other group, ask about group discounts through the organization. Some churches or other nonprofit groups also may offer financial assistance based on need.
- Stay local. With sky-high gas prices, try to keep travel costs to a minimum while still choosing the camp that's right for your child.
- Get sibling discounts. It's likely the camp will give you a 5% to 15% discount if you send more than one child.
- Book early. Camps want a full house, and early enrollment could put your child in a better position to receive a scholarship. If you're sure your child will attend the camp next year, ask if signing up a year in advance can lock in this year's rate.
- Know the camp's refund policy. Before you sign up, anticipate that camp plans may fall through. Know your obligations, as well as the cut-off date to receive a full or partial refund.
For more information, read, "Research, Plan, and Budget for That Special Vacation" in Home & Family Finance Resource Center.
courtesy of cuna.org