The cost of education can be frightening, but with an education plan in place, saving for tertiary education can become a lot more manageable than most of us realise. Education planning should form a major part of any devoted parent’s financial planning, from the moment their first child is born.
The sooner you start saving for education, the greater the chance of your child getting a quality tertiary education. Start building your education plan by using our handy calculator to find out how much you need to invest for education. You can either invest in a Sanlam Tax-free Investment or Unit Trust, or both, to make your plan a reality.
Get a view of the cost of tertiary education.
Calculate how much you need to invest.
Start saving for your child’s education.
Talk to a professional financial planner.
To get a view of tuition and residence costs at different tertiary institutions, select the course and indicate whether it should include residence.
Whether your child is two years old or about to go to high school, it’s never too early or too late to start saving for tertiary education. Find out how much you need to invest to secure your child’s future.
From R250 - R2 750 per month or
R10 000 - R33 000 once-off.
From R500 per month or
R10 000 lump sum.