As a parent it is only natural to want to give your children the best start in life. Success in life is more reliant then ever on the benefit of a good education. Not that there is a lack of decent education facilities in Hong Kong, far from it, but parents feel that they would prefer to have the choice of a private education as opposed to a public one for their child.

A degree is now essential if your child aims for the prospect of a good quality career with more emphasis on specialising into a particular field, then the selection of a University is an important factor.

Education has never been seen as cheap, but then as a concerned parent, the quality of education is more important than cost.

Having the resources to be able to select schooling based on the excellence of the school rather than the level of fees charged should not be a luxury. The good news is that by making provision early in your child’s life then you can have that choice.

When considering education an often forgotten cost are the incidentals. The school fees are known but the daily living, holidays, travelling, out of pocket expenses, books, clothing and pocket money can add up to a considerable sum of money.

If parents have to fund school fees directly out of their salary then affordability will be a major factor, this could also pose problems for the parents who may have to lower their living standards in order to send their child to a good school or university. However with foresight and planning the burden can be alleviated. By saving money on a regular basis over the medium term will ensure that there is money available to fund education fees. By planning properly it will be possible to save enough money to send your child to a school and university of your choice and cover all incidentals.

Regular saving is an ideal solution to the problem, relieving the worry of affordability. The investment can grow more quickly than bank interest rates so your money will be worth much more.

Sample Cost of Top 100Universities Around The World

UK:	HK$174K	HK$355K/yr
US:	HK$149K	HK$311K/yr
Canada:	HK$77K	HK$205K/yr
Australia:	HK$77K	HK$226K/yr
New Zealand:	HK$76K	HK$175K/yr

5 yr = HK$380K to $1.775 Million

Sources: Top 100 Universities in USA, UK, Canada, Australia & New Zealand, ET Press, 2002 Directory of UK Universities, Colleges and Schools US News & Wrold Report, National Universities, 2002 America’s Best Colleges Times UK, The Times Good University Guide 2002

---

| Home | About TTG | Products & Services | News | Links | Careers | Contact TTG |
| Privacy Statement | Disclaimer | Glossary |