Stay ahead with these education planning tips
Are you prepared for your children’s future?
Only 37% of Gen Alpha (the generation born between 2010 and 2024) parents are saving for their children’s future1
Nearly 60% of Gen Alpha parents aim to give ongoing financial support to their kids, while 94% of Gen Alpha parents believe they will have to financially support their children until the age of 251
Nearly 60% of Gen Alpha parents aim to give ongoing financial support to their kids, while 94% of Gen Alpha parents believe they will have to financially support their children until the age of 251
For “present financial security,” the 36-49 age group scores the lowest2
It can be explained by the various financial burdens including familial duties, such as childcare and children’s education(27%)2
It can be explained by the various financial burdens including familial duties, such as childcare and children’s education(27%)2
| Item | Annual Tuition | Years | Total Expenses | |
| Pre-school | Playgroup (once a week) | HKD 15,080 – 23,4003 | 1 | HKD 15,080 – 23,400 |
| Pre-nursery | HKD 36,905 – 145,9204 | 1 | HKD 36,905 – 145,920 | |
| Kindergarten | Private non-profit / Private Kindergarten | HKD 43,000 – 134,5305 | 3 | HKD 129,000 – 403,590 |
| International Kindergarten | HKD 78,067 – 251,6806 | 3 | HKD 234,201 – 755,040 | |
| Primary School | Government Subsidized Primary School | HKD 7,370 – 77,3907 | 6 | HKD 44,220 – 464,340 |
| Private Primary School | HKD 34,000 – 211,6108 | 6 | HKD 204,000 – 1,269,660 | |
| International Primary School | HKD 115,900 – 232,4806 | 6 | HKD 695,400 – 1,394,880 | |
| Secondary School | Government Subsidized Secondary School | Free – HKD 136,5849 | 6 | HKD 9,000 – 819,50410 |
| Private Secondary School | HKD 12,500 – 258,470 | 6 | HKD 79,900 – 1,550,820 | |
| International Secondary School | HKD 158,900 – 266,1006 | 6 | HKD 953,400 – 1,596,600 | |
| University | Local University | HKD 42,10011 | 4 | HKD 168,400 |
| UK University (accommodation and living expenses) |
HKD 100,000 – 420,00012 (HKD 110,000 – 400,000)12 | 3 | HKD 300,000-1,260,000 (HKD 330,000-1,200,000) | |
| US University (accommodation and living expenses) |
HKD 320,000 – 440,00012 (HKD 110,000 – 170,000) 12 | 4 | HKD 1,280,000- 1,760,000 (HKD 440,000-680,000) | |
| Canadian University (accommodation and living expenses) |
HKD 53,000 – 350,00012 (HKD 90,000 – 150,000) 12 | 4 | HKD 212,000- 1,400,000 (HKD 360,000-600,000) | |
| Australian University (accommodation and living expenses) |
HKD 210,000-340,00012 (HKD 110,000-160,000) 12 | 3 | HKD 630,000- 1,020,000 (HKD 330,000-480,000) |
Nearly 90% high-net-worth families plan to send their children abroad13
The most popular destinations for study abroad for high-net-worth families are the United Kingdom, the United States, Switzerland, Germany, Singapore, Australia, Canada, France, New Zealand and Japan13
The most popular destinations for study abroad for high-net-worth families are the United Kingdom, the United States, Switzerland, Germany, Singapore, Australia, Canada, France, New Zealand and Japan13
