Introducing School Fees Funding
Managed by Greenacre Financial Services Ltd in association with
Anglo Schools International Services (ASIS) Ltd
For many families choosing private education, including independent schools across Berkshire and Surrey, funding school fees represents one of the largest financial commitments they will ever undertake.
After the purchase of a home, the investment in private schooling is often the second most significant expenditure. Finding the funds to cover these fees, which can amount to thousands of pounds each term or month, places a substantial strain on family finances and cash flow.
Currently, families are grappling with the reality of paying these substantial average fees from their post-tax income. Whether paid three times a year or spread out over ten months, these school fee payments can significantly impact a family’s financial stability and disposable income. The pressure to maintain a consistent flow of funds can be daunting, requiring careful budgeting and often necessitating sacrifices in other areas of life.
However, the landscape of private school fees is poised for a dramatic shift. The anticipated removal of the VAT-exempt status for private school fees could further exacerbate the financial burden on families. This change is expected to increase the cost of private education, making it even more challenging for parents to afford the quality education they desire for their children without financial assistance.
In response to these financial challenges, a new solution has emerged: School Fees Funding. This innovative approach offers parents and grandparents an alternative means to finance private or independent school and university fees by leveraging the equity tied up in their homes. Instead of depleting their savings and investments or relying solely on income, families can access the value of their property to cover educational costs.
School Fees Funding offers a flexible approach to managing educational costs, enhancing affordability for families. Families can choose to receive a lump sum payment or opt for a series of drawdowns, depending on their specific needs and financial situation. This flexible way of funding school fees ensures that families can tailor their funding strategy to align with their financial planning and goals.
To find out how we can support you with funding school fees and university fees, please complete the form below. For more information and financial advice, please download our Guide to School Fees Funding.