Cost of Education - Top Universities in The World
Are you financially ready when your children are ready for their higher education?
Seldom we can say that, " Dear Son/Daughter, Please wait for another 2 years, I will make some money and send you to a better University...
When it comes to saving for your child’s education, few can afford not to start saving now.Child’s education planning is complex which involves making the right choice considering the characteristics of the child, the university, the geographical location and most importantly your financial readiness.
WHEN YOU SAVE My daughter is 8 and she will need $20,000 per annum for 4 years of private education after 10 years. How much do I need to set aside monthly, assuming an interest rate of 7% net of all charges? Answer. US $ 494 per month
WHEN YOU BORROW
My daughter is 8 and she will need $ 20,000 per annum for 4 years of private education after 10 years. How much do I need to pay every month for a 10 year term if I borrow the money at an interest rate of 6.8%? Answer. US $ 1,120 per month
A. Top Universities in USA
California Institute of Technology
Harvard University
Stanford University
Princeton University
Massachusetts Institute of Technology
Approximate Annual Tuition fee is USD 55,000 to USD 60,000 B. Top Universities in UK
University of Oxford
University of Cambridge
Imperial College London
University College London
University of Edinburgh
Approximate Annual Tuition fee is GBP 13,000 to GBP 25,000
C. Top Universities in Canada
University of Toronto
University of British Columbia
McGill University
McMaster University
University of Alberta
Approximate Annual Tuition fee isCAD 16,000 to CAD 37,000
D. Top Universities in Australia
University of Melbourne
Australian National University
University of Sydney
University of Queensland
Monash University
Approximate Annual Tuition fee is AUD 25,000 to AUD 33,000 4 Years Degree costs
USA - 900,000 AED
UK - 600,000 AED
Canada - 600,000 AED
Australia - 650,000 AED
If you want to know more how to start an Education Plan or want to know how much you have to save monthly for your kid(s) Please call on 0555 490 514 or contact us here to get a call back