School Fee plans to help meet future costs
Finding the right school fee plan that meets your needs
As private school fees soar above the rate of inflation, it pays to be well informed about what funding options are available to you.
The type of school fee plan arrangement suitable to your individual situation will depend largely upon the length of time before school fees are due to commence, whether financing is to come from income or capital and the degree of risk that you wish to take.
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.
It is possible to arrange life cover to cover school fees and you can also arrange cover if you are unable to work due to sickness or an accident or if you are made redundant.
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.
Whether you have a specific requirement or need a complete review of your financial affairs simply complete our online contact us form to arrange that first confidential meeting