• Avoid These 5 Common Pitfalls AT ALL COST When Planning Your Child’s Education

    SET for every learning milestone

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    Some challenges are unavoidable, but not when it comes to a life expense as defining as your child’s learning and development. Stanbic IBTC Education Trust (SET) can help you plan for every child education milestone with confidence.

    Waiting until school fees are due

    Many parents manage education expenses one term at a time. While this may work in the short term, it can create financial pressure whenever fees become due.

    SET encourages long-term planning by creating a dedicated education fund designed to support your child’s learning journey from one stage to the next.

    Not planning for rising education costs

    Education costs rarely remain the same. As children progress through school, fees and related expenses often increase.

    SET is designed as a long-term education planning solution, helping parents prepare in advance rather than reacting to rising costs as they occur.

    Allowing education funds to compete with other priorities

    Family responsibilities, emergencies, and unexpected expenses can sometimes divert funds originally set aside for education.

    SET creates a dedicated fund specifically for education, helping parents stay focused on their children’s academic goals.

    Treating education planning like ordinary savings

    Many parents rely solely on traditional savings accounts to fund future education expenses.

    SET offers a structured and professionally managed approach designed to help parents build towards future education needs.

    Leaving education planning too late

    The longer parents wait to begin planning, the fewer options they may have available.

    Starting early allows families more time to build an education fund and prepare for future learning milestones.

    Your child’s education deserves more than last-minute planning. With Stanbic IBTC Education Trust (SET), parents can take a structured, long-term approach to education funding through dedicated education planning, professionally managed funds, and direct payment to schools when required. Email trustsolution@stanbicibtc.com to start planning today and secure your child’s learning milestones.

    Stanbic IBTC Trustees Limited is registered and regulated by the Securities and Exchange Commission, Nigeria as Trustees.

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