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School Fees Planning.
School Fees Planning and planning for the cost of university education needs to be
put in place many years in advance.
The primary goal is to
build up a capital sum to meet the cost of school fees in respect of
primary and secondary education, and both fees and maintenance costs for
university education.
The student grant has been abolished which means that many parents
are likely to find it a struggle to see their children through university.
Basic school fees can vary widely. Private education fee levels will depend on the pupil's
age, whether the pupil is day or boarding and the location of the school
itself.
Finding the money to pay for higher education is becoming
tougher as grants have been replaced by loan schemes in recent
years.
Parents considered as being wealthy are now expected to meet tuition
fees and up to 25 per cent of living expenses. Students themselves are
expected to borrow the rest.
There are a number of different types of savings plans available to meet the cost of educating your children. We can tailor a plan to suit you personal requirements and
circumstances.
Please contact us to discuss the options, we will of course answer any
questions you have.
Types of School Fees Savings Plans.
Brief explanations of the different types of UK School fees
savings plans are
given below, please follow the links for more information.
Capital Schemes for School & University Tuition
Fees.
These schemes are based on the payment of a single sum to a
recognised Guaranteed Fund.
more >>
Income Schemes for School & University Tuition
Fees.
For many, the raising of a single lump sum is not a practical
proposition. 'Out of income' saving schemes provide an effective
alternative. more
>>
Capital & Income Schemes for School &
University Tuition Fees.
These schemes cater for those who have an inadequate capital sum to cover the entire cost of education, but who wish to make large irregular payments over a short term.
more >>
Immediate Funding for School & University
Tuition Fees.
Borrowing to meet immediate education fees can be an effective
way of smoothing the family budget at a time of peak outgoings.
more >>
The FSA do not regulate some forms of School fees planning.
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