How to combat the rising cost of university

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How to make your child's academic dreams come true without compromising on your future.

This article isn’t personal advice. If you’re not sure whether an investment is right for you please seek advice. If you choose to invest the value of your investment will rise and fall, so you could get back less than you put in.

28 September 2023

The cost of higher education has increased by over 200% in the last 10 years – university tuition fees in England are now over £9,000 a year. That's an eyewatering sum, but there's financial support to cover course fees.

Another thing that will always impact the financial implications of studying at university is the cost of living.

Yes, there are loans to help, but they're means tested. That means the amount of money a student gets is reduced depending on parental income. Parents or part-time student jobs are then expected to top this up.

If contributing is a route you want to go down, it's not easy to predict how much to save. In England, experts predict that it costs up to £7,833 a year for university accommodation alone. That's £23,499 over three years. However, depending on how young your