How to Set Tutoring Rates

How to Set Tutoring RatesI was walking through a city of 100,000 and noticed a sign posted on a wall. It said, 'How to set tutoring rates'. That was surprising because I'd never heard about such a thing before. The story is about a professional tutoring service that came into the home of one mother and effectively became her second job.When it comes to schooling, money is not an issue, this is a 'show-me-the-money business'. The question is, 'How to set tutoring rates?' What do you need to know? The first thing to keep in mind is that every market will look for different things. Some tutors will ask for a fee up front, others may ask for a percentage of your earnings, others may ask you to pay a small initial fee, and others will be willing to offer you a pay-as-you-earn, and some tutors will simply ask you to pay in exchange for your book or lesson credits.Some teachers may also base their rates on your ability to pay, while others might use their own individual ideas to help you ou t. Some instructors base their rates on their own experience, but others may base it on their clientele.Other factors can factor into the rate you pay as well, like initial fees, or if they get the money in advance, the amount they ask for at your first class. Many people don't realize that there are so many different things that come into play when it comes to setting rates, some tutors are more strict than others, some don't take pay-per-performance contracts, and some may not even give you a quote. How to set the tutoring rates may depend on your circumstances.When you have completed your first course, the tutor may want to see that you are getting the most out of your education, and he may want to be sure that you will pay for your own educational costs. They may want to see that you will be able to pay the full price of the course plus the tuition to a college of your choice, whether it's a four-year college or a community college.Your tutor may want to see that you'll be in th e same classroom with him for the whole package, but he may be open to learning new material if it makes you happy. As much as possible, try to see the whole picture, and try to get the best value for the money you've spent on your education.To make sure that you can set the right rates for your needs, find a tutor that's willing to accept that you need help from time to time. Some tutors will hold your work or credit to ransom, but there are some teachers that will offer you a lesson, and some that won't. A few of them will even hold your transcript for you while you are trying to learn new material.