FINANCING YOUR
CHILD'S EDUCATION

A 3-year university course in Australia costs Rp. 696,246,000 today. In 20 years, the cost will be Rp. 2,232,955,244.*

And that’s just the cost of education fees – for one child – without taking the rising cost of living into consideration. With a growing inflation rate and fluctuating exchange rate, you may find it increasingly tougher to fund your child’s overseas tertiary education.

Projected cost of tertiary education at a 6% inflation rate*

  Total tuition fees (Rp)
Current In 10 years In 15 years In 20 years
Australia (3 years) 696,246,000 1,246,870,545 1,668,594,056 2,232,955,244
USA (4 years) 690,004,000 1,235,692,074 1,653,634,740 2,212,936,304
UK (3 years) 422,500,200 756,633,510 1,012,546,316 1,355,015,378

The longer you wait to fund your child’s education, the more it will cost you. And that could also eat into your retirement fund that you may have set aside. When it comes to your child’s education, it pays to plan early.

Preparing for your child’s education

Choose an investment strategy that will give you capital growth and income yield over the long term, as well as diversify your portfolio to spread the investment risks. As your child grows older, you may consider a more conservative asset mix.

More importantly, review and restructure your plan with your Relationship Manager on a regular basis to ensure that the rate of your investment growth is moving in tandem with the increasing cost of education.

Solutions for your needs

Recommended solutions Core benefits
Market Linked Deposit
  • Offers you 100% capital guaranteed if your investment is held to maturity.
  • Gives you potentially higher returns than traditional deposits.
  • Allows you to enjoy zero sales charge.
Bond
  • Provides fixed scheduled coupon payment until maturity.
  • Offers you full principal amount protection (repaid at maturity).
Mutual Fund
  • Offers a wide range of affordable and flexible investment options.
Asuransi X-TRA Choice

What is it?
It is a single premium unit link product for your financial freedom.
  • Freedom to choose your sum insured with your chosen basic premium.
  • Freedom to choose your investment strategy according to your risk profile.
  • Freedom to top up your investment fund.
  • Freedom to decide your investment period and investment fund type.
  • Freedom to decide when to withdraw/use your fund value.
Asuransi X-TRA Premier Investa

What is it?
It is a single premium unit link product - innovation for your maximum investment return.
  • Uses High Watermark* concept: to protect your investment fund value through locking the highest unit price during observation period, with innovative fund type; CSL Link Premier.
  • Provide you with a chance to top up your investment fund and use/withdraw your fund value accordingly to your needs.
  • Application without health requirements.
*High Watermark is the highest unit price during observation period.
Asuransi X-TRA Optima

What is it?
It is a single premium unit link product for optimum investment and maximum protection.
  • Freedom to choose your basic premium.
  • Freedom to choose your investment strategy according to your risk profile.
  • Freedom to top up your investment value.
  • Freedom to decide when to withdraw/use your fund value.
  • Provides you with higher return of investment with a lower administration fee.
Tabungan Pendidikan

What is it?
This installment savings product is a solution for education plan for your children
.
  • Customize your installment amount, date of payment, maturity and as well as choice of currency.
  • Competitive interest rate to support education budget plan for your children.
  • Life insurance guarantees your education budget plan on maturity.
Tabungan Junior

What is it?
This solution is a savings account for children under 18 years old.
  • Lets you enjoy multi tiered interest rates based on your average balance.
  • Gives you a complimentary personal accident insurance coverage of up to Rp. 200 million.
  • Provides you with waived monthly administration fees.
  • Comes with a debit card for cash withdrawals and shopping benefits at participating merchants.
Fortuna X-TRA Education

What is it?
A front-end loaded insurance product with regular premium which gives full protection and also investment benefit.
Provides you with:
  • Optimal education fund.
  • Flexible.
  • Life time coverage.
  • No Lapse Guarantee for the first 3 years.
  • Free insurance and administrative fees for the first year.
Fortuna X-TRA Plus

What is it?
An unit link with regular premium which gives full protection and also investment benefits.
Provides you with:
  • Optimal investment.
  • Flexible.
  • Added insurance.
  • Full benefit.

Explore more financial solutions with our Daily Banking and Financing Solutions and Regional Banking Solutions.

Speak to us about how we can help you

For assistance, please contact your Relationship Manager, call our Preferred Phone Banking, visit us at a branch nearest to you, or write to us to schedule an appointment.

*Source: www.bi.go.id and www.infozee.com. Cost figures have been converted into Indonesian Rupiah
Foreigners who wish to purchase investment products by CIMB Niaga must possess an Indonesian PR (KITAS). Other Terms and Conditions apply to all products and services.


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