School Fee Planning

Looking to start a savings plan for child school or university fees?

As private school fees soar above the rate of inflation, it pays to be well informed about what school fee planning funding options are available to you.


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The type of school fee plan arrangement 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.

Investment for school fees

  1. Individual Savings Accounts (ISAs)
  2. Unit Trusts
  3. Investment Trusts

Insurance for school fees

A number of private schools offer insurance plan arrangements to protect a child's school fees in the event that a parent is taken seriously ill or dies unexpectedly. Before signing up for a plan offered by the school your child will be attending it is worth shopping around. Through UK independent broker MoneyQuest you can arrange life cover to cover school fees of say £6,000 pa for 7 years for only £6.68 a month assuming both parents are aged 40 and are non smokers. You can also arrange life cover if you are unable to work due to sickness or an accident or if you are made redundant - Life Insurance

Loans for school fees

Another possible solution is to think of taking out a loan to cover school fees, and there are specialist companies that operate in this field such as SFIA and HTC which is part owned by HSBC. If you are considering take out a personal loan it does pay to shop around - Loan Deals

 Important Risk Information:

This website contains information only and does not constitute advice or a personal recommendation in any way whatsoever. The value of investments and income from them can fall as well as rise and you may not get back the full amount invested. The tax efficiency of ISAs is based on current tax law and there is no guarantee that tax rules will stay the same in the future.

Different types of investment carry different levels of risk and may not be suitable for all investors. Please ensure that you read the Important Risk Information for further details. Prior to making any decision to invest, you should ensure that you are familiar with the risks associated with a particular investment and should read the product literature. If you are in any doubt as to the suitability of a particular investment, both in respect of its objectives and its risk profile, you should seek independent financial advice.