Is Homeschooling Right for Your Family?

Kids & Money
Is Homeschooling Right for Your Family?

Homeschooling has become progressively more commonplace following the pandemic. People became accustomed to learning at home, and for some – this was beneficial. For families interested in making the switch, there are legal requirements, hidden costs and other unknown factors.

Here’s what you need to know.


Expenses of homeschooling to be aware of can include:

Curriculum: while some homeschooling options are free, many are not. This may require purchasing workbooks and teaching materials. Curriculum requirements vary by state so it’s essential to research your state’s requirements.

Extracurricular activities: Field trip expenses, sports and other activities. These can sometimes be discounted in a group setting like a school field trip, so they may cost more if you pay for your kids individually.

Additional fees: This may include state-mandated testing fees, cooperative fees for families associated with a co-op tutoring or different needs


Homeschooling expenses and fees can add up quickly, especially with multiple children at home.

To stay on budget, Ameris recommends:

  • Researching curriculum options with minimal cost that fit your child’s needs
  • Consider purchasing used teaching materials
  • Explore all-in-one curriculums which will help save money over time
  • Purchase school supplies in bulk
  • Get a local public library card for access to learning materials


While most fees and costs of homeschooling are upfront, there are hidden expenses.

This could include: science lab, art class and physical education materials


According to Investopedia, the average price per year for homeschooling one child can be upwards of $1,800. Ensure you're budgeting for any unexpected expenses for the school year.

At Ameris, we’re here to help. Talk to us about how you may need to adjust your budget or visit our Money Management page on our website for advice.

Published November 2022

Information presented in the Financial Advice website is provided for educational purposes only and is not related to Ameris Bank's actual products or services. Ameris Bank makes no representations as to the accuracy, completeness or specific suitability of any information presented. Information provided should not be relied on or interpreted as accounting, financial planning, investment, legal or tax advice. Ameris Bank recommends you consult a professional for any specific guidance you are seeking.