Education
Fee Planning

Attending a prestigious University is not just about bestowing your child with greater future earning potential.

A solid International Education Savings Plan and University Education will empower them to shape their own destiny doing something they enjoy, making for a content and satisfied life.

University costs are rising significantly faster than inflation and salaries. For children born today, University costs and living expenses in 18 year’s time will be into the hundreds of thousands of dollars.

Student debt is already one of the most serious challenges facing young people today.

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USA

The average cost of an undergraduate degree is $154,000. With inflation, in 18 years this would be $378,000.

Source: HSBC Value of Education Report, 2019

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Canada

The average cost of an undergraduate degree is $104,000. With inflation, in 18 years this would be $255,500.

Source: HSBC Value of Education Report, 2019

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United Kingdom

The average cost of an undergraduate degree is $90,975. With inflation, in 18 years this would be $223,000.

Source: HSBC Value of Education Report, 2019

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Germany

The average cost of an undergraduate degree is $25,000. With inflation, in 18 years this would be $62,000.

Source: HSBC Value of Education Report, 2019

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Hong Kong

The average cost of an undergraduate degree is $90,000. With inflation, in 18 years this would be $220,000.

Source: HSBC Value of Education Report, 2019

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Australia

The average cost of an undergraduate degree is $154,000. With inflation, in 18 years this would be $378,000.

Source: HSBC Value of Education Report, 2019

As an example, in the UK, if neither parent has been resident in the UK for at least six months before their child begins a University course, they may be liable for International University Tuition fees which are considerably higher.

For instance the Undergraduate tuition fees 2014 for International Students at London School of Economics (LSE) are nearly double those of the local domestic fee rate – equating to an additional 88% premium that must be bridged.

  • Home UK/EU: £9,000
  • International Students: £16,392

Quintessential AMG specialises in providing professional advice to parents around the world who want to secure their children’s future.

We can assist you with planning the costs, setting up and managing international savings plans and structuring them to mature when your child reaches university age.

If you would like to speak to one of our specialist advisors then please contact us at enquiries@quintessenitalamg.com or complete an enquiry form.