Education Funding

One of the biggest financial liabilities for a couple with children is the cost of future educational requirements. This is primarily concerned with third level educational costs but can also include secondary level educational costs.

Our Education Funding Report provides an estimation of future educational costs particular to your family situation. We plan ahead to show you the likely future cost of sending your children away from home to attend a four year educational course.

Our education funding report involves the following simple steps:

1. We estimate the current cost of sending a child to university. The current cost includes rent, food and heat, travel, books and equipment and entertainment money.
2. We work out when your children are likely to be attending third level education in the future.
3. We ‘roll up’ the current cost (calculated in step 1 above) by an assumed inflationary rate of 3% - 4% p.a. into the future to coincide with when your children are likely to be attending university.
4. Once we have this likely future cost calculated we then show you how you can successfully reach this level of funding through a lump sum investment, regular savings plan or a combination of both.

Once again our access to all the major fund managers in the Irish Market means we can offer advice on the best performing savings plans along with the most competitively priced.

Each year we will carry out a review on the report to make any necessary updates.