Navigating the therapeutic world can be a daunting task where the choices seem endless and may leave you wondering how you will ever decide which program is right for your daughter and your family. Trying to figure out how to pay for a program can be even harder, and may encourage some families to delay the decision. Sometimes this delay can have dire consequences, but many families just don’t know where or how to get the money to pay for the treatment their daughter so desperately needs.
Read on to discover six unusual ways to pay for your daughter’s Therapeutic Boarding School Tuition.
1) Find expert help: Case Managers and Educational Consultants are experts in helping you find the right program and then guiding you through the entire process from enrollment to discharge. Some are even experts at helping you get health insurance reimbursement for your daughter’s therapeutic boarding school stay. A good CM or EC is an invaluable resource for families that need guidance so do your research and choose wisely. Ask for recommendations from professional associations like Independent Educational Consultants Association (IECA) https://www.iecaonline.com
Keep in mind, some consultants charge a fee, but that will not determine how good their services are. Be sure that the person you choose is the right fit for your family’s needs.
2) Use your daughter’s college 529 plan or other college savings: Chances are you have saved for your daughter’s college education, but you may be hesitant to tap into that fund. Keep in mind that without help your daughter will continue this destructive path where she may not even finish high school. Use this money to get the help she needs now to ensure that she can pursue her career goals when the time comes.
3) Apply for a behavioral health loan: Unsecured loans are another option. Below is a list of companies that offer fixed rates with no hidden fees.
Lightstream Medical Loans: Fixed rate, simple interest fully amortizing installment loans, no fees or prepayment penalties. www.lightstream.com.
M-Lend Financial: Interest-free credit cards (at no additional costs) and low-interest installment loans for various credit ratings up to 84 months and $100,000. mlendfinance.com
4) Find out what your health insurance will cover: If your insurance plan includes mental and behavioral health, programs can provide you with the necessary paperwork to get reimbursed for Out of Network Benefits, which will cover the cost of therapy. Check with your insurance company about your mental and behavioral health coverage.
5) IEP’s and school funding: Every student has a right to a Free Appropriate Public Education (FAPE) under the Rehabilitation Act of 1973 and the Individuals with Disabilities Education Act. If your daughter has an IEP, then it may be worth investigating her rights. There have been cases where public school districts had to reimburse parents for private school tuitions. http://wrightslaw.com/
6) Post-adoption Help: The Adoptive Families Coalition helps families with post-adoption challenges including paying for the cost of therapeutic programs. http://adoptive.org
Deciding to place your daughter in a therapeutic boarding school is one of the hardest decisions you will face. Choosing the right program is stressful enough, and the cost of tuition can put a significant strain on your family’s finances. These six resources can help alleviate the financial burden associated with the cost of a therapeutic program so your family can focus on healing.