Education Planning
In 2 easy steps, find out the need for savings and living support for your child's university education. Let’s try it now!
Step 1: Plan for your child’s education
Step 2: Plan for the education fund
Results
Age
Life expectancy should not be lower than desired retirement age, please try again!
The average lifespan for males is 89 years old based on the average life expectancy of Hong Kong residents.
Study destination
Total education fund saved until your child studies at university
Total education fees and living costs Shortfall in education fees and living costs to save Projected 3-year cost for the UK and Australia, and projected 4-year cost for the USA, Hong Kong and Canada.
Education fees
1.1M
Living costs
1.1M
2,5000 /monthly expense Projected 3-year cost for the UK and Australia, and projected 4-year cost for the USA, Hong Kong and Canada.
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The estimated education expense and analysis provided above is for reference only. It is based on the average annual tuition fee of universities and estimated living expenses of various countries and regions, including inflation expectation rate (calculated by taking the average of the inflation rates over 2013-2023 of these various countries and regions). Standard Chartered did not verify and does not make any representation, promise or warranty, express or implied, as to the accuracy, completeness or timeliness of the information. There is no guarantee that such information is accurate as of the date it is published or that it will continue to be accurate in the future. Standard Chartered shall not be responsible for the accuracy of the projections (calculated by the education expense calculator) which may be based on assumptions.
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