Many Expatriates have the luxury of having their school fees paid for them under their company employment package, which is all well and good provided that you are employed by a company that does provide this. But how many people ever consider what will happen if they lose their job or if their company changes policy and no longer pays fees?

Ideally, School Fee Planning and the planning for the cost of university education needs to be put in place many years in advance – but if you have previously not even thought of this, it is never too late to start.

One of our Advisors was asked recently if he had his own Education Fee Plan and if he did, why. His response was very simple:

“My children are very important to me and my goal is to be able to afford for them to have a choice of whether they wish to go to university or not. If they choose to attend university, I would not want my children having to work outside of study-time in order to fund their own education. The least I can do is give them a solid start in life.”

As private school fees soar above the rate of inflation, it pays to be well informed about what funding options are available to you. The type of Education Fee Plan suitable to your situation will depend largely upon the length of time before school fees are due to commence and whether financing is to come from income or capital and the degree of risk that you wish to take.

Our Advisors can tailor an Education Savings Plan to meet your specific needs and ensure that when the time comes, the most important people in your life – your children – will have their education fees covered and this gives all responsible parents peace of mind.

For an approximate calculation as to how much you should be saving towards your children’s education, feel free to use our Education Fee calculator by clicking Here.

If you would like to find out more about our Education Fee Planning, feel free to Contact Us and an Advisor will be in contact with you within 24 hours.