Securing children’s education
Education can be expensive in any country that has a reputation for excellence. So whether your clients children choose to study back home or go to university outside of the UK, long-term financial planning is important.
The total cost of going to university can be over GBP 100,000, even in the UK as expatriate children are likely to be treated as international students. Unlike domestic students, expatriate children would be unlikely to qualify for government- sponsored support such as a tuition-fee loan.
With tuition and course fees, room and board, living and travel overheads to consider, careful long-term planning could be the difference between your clients children getting a university education or not.
By committing to realistic financial plans for their children’s education, your clients can rest assured that they have laid a strong foundation for their future.
The information provided here does not constitute investment advice or an offer to provide any product or service by Friends Provident International.
Please seek professional advice, taking into account your personal circumstances, before making investment decisions. We can accept no liability for loss of any kind incurred as a result of reliance on the information or opinions provided here.