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Education Funding
Considering that the costs are increasing at a much higher rate than inflation, the earlier you can start saving for your children's or grandchildren's education expenses, the better.
Costs will vary depending on where a child studies. Therefore, it’s worth doing some research on how much the fees will cost and whether the child will receive any funding. However, these expenses could still leave a considerable amount of debt that has to be repaid.
Use our School Fees planning calculator to help your child get off to a good start financially. Doing so will help you get a better idea of your situation. Contact your local financial adviser to help you identify the appropriate funding needed and work with you to create a strategy to meet your family's education funding goals.
