Island Life Magazine Ltd February/March 2015 | Page 117

Help from Glanvilles By Claudia Roberts Glanvilles LLP, The Courtyard Office, Newport, PO30 5BF 01983 527878 [email protected] Reduce the cost of your children's education G ood education is increasingly seen as a key element to securing a career and to progress in life. Accordingly, a growing number of people look at the possibility of providing private education for their children or at least providing means for them to go to University without a huge debt around their neck at the end of it. At the same time the cost of private and university education is increasing, and finding means of funding is becoming significantly more difficult. To pay for a single child’s education from pre-school to a post graduate degree will cost around £250,000 to £350,000 depending on location. This is net of income tax.