Financial Assistance

The cost of treatment can seem overwhelming, and parents often wonder why treatment is so expensive.  La Europa provides a significant level of care for our students 24/7.  We provide a fully accredited high school with a staff of licensed teachers.  Our residential staff are on duty at a ratio of one staff person to every four students.  We have six full-time therapists to enable each therapist to carry a relative small caseload so that they can provide intensive individual, family and group therapy as well as case management for their students.  We also have a group of certified therapists providing the expressive therapies.  La Europa provides a nurse, psychiatric care from two board certified psychiatrists, a cook and many other ancillary staff to coordinate the day-to-day functioning of program in an effort to meet the needs of our students and families. 

Over the years, we have observed that many families look to the following avenues to provide financial assistance on this journey:

  1. Insurance—depends upon your mental health benefit. If you have excellent mental health benefits, insurance may reimburse a percentage of the full tuition amount (less common) up to a certain number of days. You should call your insurance to find out if you have a “residential treatment benefit” (be aware that many times what they define as “residential treatment” is really a short term, hospital stay). If so, they will tell you what steps to follow to get pre-authorization.
  2. School districts—some school districts will authorize payments of at least the educational portion of the stay if your daughter has an Individualized Education Plan (IEP) with them.
  3. Home equity loans—generally the best way to borrow for many families (consult your tax adviser on your unique situation) as interest rates tend to be lower and the interest is often tax deductible.
  4. Educational loan programs—there are several excellent companies that offer educational loan programs for families considering this type of treatment. Although they typically have higher interest rates than home equity or other secured loans and do require good credit, these types of loans have provided a real service to many families who can afford to pay hundreds of dollars a month for treatment, but not thousands. Most schools and programs, including those in the CERTS family, are already set up with certain companies to provide these loans where appropriate. For more information on these types of loans and the names of companies that provide them, call 1-888-406-5968.
  5. Retirement plan loans—some families have taken loans against their 401(k) or IRA assets to pay for treatment. One advantage to this is that the interest paid on the loan is paid to you instead of to somebody else. A disadvantage to this is that you have less money compounding at market rates over time to fund your retirement (consult your tax adviser on what is best for your situation).
  6. Trust or education funds—some families have educational money or trust funds available that they have used to pay for treatment (one Dad observed, “Unless we do something, there won’t be an education to worry about paying for!”)
  7. Family members—often work in conjunction with some of the above (might co-sign on a loan) or just help pay each month. Many families have pooled resources to help those in need.
  8. Credit cards—we are equipped to accept credit card payments