Do parents get paid to Homeschool?
You might be wondering do parents get paid to homeschool their kids. The answer is no, not directly. However, there are a few indirect ways that you could potentially receive compensation for homeschooling your children.
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Do parents get paid to Homeschool?
It’s a question that every parent who has considered homeschooling has asked at some point: “Do parents get paid to homeschool?” The answer, unfortunately, is no. There is no government program or private foundation that provides stipends or salaries to parents who homeschool their children. However, there are some ways that you could receive compensation or save money by homeschooling.
One way you could potentially receive compensation for homeschooling your children is through the use of curriculum vouchers. These vouchers can be used to offset the cost of homeschool curriculum and supplies. Not in all states, but in some, the state will set up an Education savings accounts (ESA). States set aside money and put it in individual accounts for students. Parents can use the money toward the cost of private school tuition. But they can also spend it on homeschooling costs (such as online courses or tutoring) and even on some types of therapy.
There are no federal tax breaks for homeschool families, however there are some state tax breaks. There are only three states in the US that offer homeschool families to use a state tax credit on their income taxes. These are Illinois, Louisiana, and Minnesota. These vary from state to state but may help with expenses such as tuition, book or curriculum rental fees, grade books, and even workbooks. At this time, these are the only three states who offer state tax credits for homeschool families, however, this could expand in the future. Be sure to check with your State Department of Revenue before filing your taxes if you homeschool.
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Homeschooling Can Save on Childcare Costs
For working parents, childcare costs can eat up a significant portion of the family budget. According to the National Association of Child Care Resource & Referral Agencies, the average cost of full-time child care for an infant in the United States is $9,589 per year—and that’s for just one child! If you have two or more children in child care, those costs can quickly mount up.
Homeschooling can put a dent in those child care expenses because you won’t need to pay for full-time care when your child is learning at home with you. Of course, if both parents work full time, you may still need to supplement your homeschooling with part-time child care for some or all of the school week. But even then, you’ll likely find that your overall child care costs are lower than they would be if your children were enrolled in a traditional school.
Homeschooling Reduces the Cost of Education Materials and Fees
Another way that homeschooling can save families money is by reducing the cost of education materials and fees. When you homeschool your children, you can choose low-cost or free curriculum options instead of paying for private school tuition. You’ll also avoid paying for school uniforms, class trips, and other fees that are often associated with traditional schooling.
Of course, homeschooling isn’t free. You’ll still need to purchase some supplies and materials for your child’s education. But you’ll likely find that the cost of those items is considerably lower than the cost of tuition at a private school.
Other Homeschool Savings
There are lots of other ways that homeschooling will save you money such as:
- Not buying school lunches
- Clothing costs for uniforms or school clothes
- Gas and transportation expenses for school
- Educator Discounts at stores like Barnes & Noble, Staples, and more
There’s no doubt about it: Homeschooling takes time, effort, and dedication on the part of parents. But it can also be a financially savvy decision for families who are looking to cut costs without sacrificing their children’s education. If you’re thinking about homeschooling your kids, don’t let worries about money dissuade you—there are plenty of ways to make homeschooling work on any budget.