Sending a child to private school or enabling them to continue onto university is increasingly becoming an objective for many parents but unfortunately the cost is increasing at an alarming rate.
Starting to plan for a childs education at birth may appear premature but this is precisely the right time to be considering this option. Making prudent decisions at that time can ensure that sufficient capital is available to meet your objectives and can assist towards potential costs e.g.:
According to The Independent Schools Council (ISC) , whose member schools account for around 80% of the total number of pupils in independent schools in the UK:
- the average fee for day school is £18,456 per annum (excl VAT) or £43,095 (excl VAT)for full time boarding.
- the estimated total cost of private day school education in the UK from Nursery to Year 13 is £461,431 per child (inc VAT.)
- The cost of annual day school fee has had 31.8% rise in average annual fees from 2015 to 2025.
- The cost for attending university in England has now risen to £9,535 per annum.
- The average rent for purpose-built student accomodation in the capital was £13,595 in 2024-25.
All to often without careful financial planning, serious sacrifices may have to be made which could impact upon your standard of living. When we review your financial and life objectives we can determine what is possible to enable you to assist in the support and learning opportunities of younger generations.
THE VALUE OF SOME OF YOUR INVESTMENTS ARE NOT GUARANTEED AND CAN GO UP OR DOWN DEPENDING UPON INVESTMENT PERFORMANCE. YOU COULD GET BACK LESS THAN YOU HAVE PAID IN.