From private schools to universities, education doesn’t always come cheap.
Students heading to university could face large bills for tuition costs alone, depending on where they’re from and where they’re studying.
Now factor in a three-year stint at university, four if you’re in Scotland or studying foreign languages, and five for a medical or veterinary degree, and you don't need to be a mathematics graduate to work out that higher education is an expensive business.
With rent to pay, living costs, books, field trips, travel home during holidays and many other expenses to consider, if you’re planning on providing financial help to your children, you can’t start planning soon enough.
There are a few key questions we’ll need to address:
- How the cost of education stacks up
- What's your timeframe?
- Who is in charge of the money you invest - you or your child?
- How to start preparing now
- What financial help is available from student loans
Following a free consult in which we will look to answer these questions and more a bespoke strategy will then be crafted for you within the next 7 days. This plan will explore various areas to help you set and realize the goals you have for your children's future.
The value of investments can fall as well as rise. You may get back less than you originally invested.