Pros and Cons of Massage School Payment Plans

Massage School Payment Plans

Tuition payment plans are one of the most common ways to pay for massage school. Students who don’t qualify for grants and who choose not to go into debt have few options when it comes to paying for school, unless they’ve saved up in advance. That’s why most massage schools offer a payment plan that spreads the costs out over the length of the school program (which can range from a few months to a few years).

Benefits of a Tuition Payment Plan

Most tuition payment plans split college costs into equal monthly payments, which are then paid in the same manner as any other monthly bill. Depending on the cost of the school and your alternate financial arrangements, these payments might be as little as a few hundred dollars or as much as several thousand dollars.

This type of payment plan can be good for a number of reasons, including:

  • No leaving school with debt
  • No saving up for a large up-front cost
  • Potentially manageable monthly payments
  • Interest-free options (in some cases; not all payment plans are set up this way)
  • Few to no fees or finance charges (you should pay less than $100 in fees)
  • Automatic debit options
  • Locked in tuition prices
  • Help with budgeting for your lifestyle

Drawbacks of a Tuition Payment Plan

Massage school tuition payment plans aren’t for everyone. Because most massage schools range in the $10,000 to $30,000 price range, monthly payments might be too large to handle on your current income—and that can lead to stress that might prevent you from successfully graduating.

Before you sign up for this type of plan, be sure to remember these possible setbacks.

  • Potentially large monthly payments
  • Expulsion from school if you miss or are late on a payment
  • Rates and eligibility may be dependent on financial status or credit score
  • Bad ratings on your credit if you miss or are late on a payment
  • Some schools may charge interest or finance fees (be wary of these types of plans)

Making the Right Decision

In most cases (and if you have the financial ability to do it), a tuition payment plan is an ideal alternative to borrowing tens of thousands of dollars in loans. You can also opt for both federal assistance and a payment plan to reduce the amount of money you borrow overall.

Not all tuition management systems are offered through the massage schools themselves. In some cases, you may be able to apply for government assistance in spreading out your tuition costs (an alternative to federal grants and loans). Contact your school’s financial aid department for more information.

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  1. Corlis Carter says:

    I really need help with a loan for Massage School, I love people and I want to change my career. With everything so high today its hard to go to school due to car note, house note, auto Insurance etc. Please consider asst me with financial help. Thank you so much,


    Corlis Carter

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