Education Fee Planning

In a world of intense competition surrounding every prospective industry, securing a well-paid, future-proof career may have never been a more challenging yet essential endeavour. By providing your child with the best possible education from an early start, the likelihood of their success in pursuing their eventual life goals increases by orders of magnitude.

Education costs have been on the rise for years, and this trend is not set to shift any time soon. 

For many expats living in the Philippines, education for their children are government-funded and free of charge, but English might not be the primary tuition language and facilities are not up to international standards.

University and private school fees are costly and saving for this is the primary goal of an Education Savings plan. 

Average private school tuition fees range between £3 400 for primary school up to £7 300 for high school p.a.

Universities in Australia and New Zealand range from £13 500 for a bachelor’s degree up to £45 000 for medicine p.a.

Other costs could include:

  • Admin/registration fees
  • Textbooks
  • Stationary
  • Accommodation and living expenses
  • Equipment
  • Membership to societies or sports clubs
  • Travel to school and back (international or local)

Through cautious financial planning, time management as well as dependable financial advice, deVere Philippines can help make arrangements that will not consume all your disposable income but will give you the peace of mind you want for the future of your children.

Contact us for financial advice regarding an Education Savings plan for your children.