A great education is about more than tuition, it’s about a great experience that prepares children for the future.
No matter what your child chooses to pursue, education can come at a significant cost and the cost is continually rising.
Allow for changes in circumstances as your child develops and meet the costs with a flexible savings plan.
|Savings account||Term deposit||Mortgage offset account||Education fund/Scholarship plan
|Potential return||Low||Low||Low||Vary depending on investment mix|
|Potential volatility||None||None||None||Low to high depending on investment mix|
|Choice of investment mix||None||None||None||Many|
|Access to money||Yes||Yes but with penalties