Education is the foundation to a successful and fulfilling future. The cost of your children’s third level education is an expense which your Lifetime Financial Plan should encompass. This is estimated to range between €11,838 and €13,917 per academic year, which equates to between €47,352 and €55,668 for the completion of a 4 year degree course. Below is a breakdown by institution of the estimated costs associated with supporting a third level student living away from home.
While grants and scholarships may go some way to part fund a course, at Lifetime Financial Planning we believe that planning ahead in a tax efficient manner is the key to managing this expense.
Call us at 046 924 0961 to find out how regular savings of small amounts over a medium term can provide you with the means to cope with this considerable expense more easily.