Education Savings

An Education Savings Plan is the first step in ensuring the realization of this dream

If you’re a parent, we know how important it is for you to see your child through school and successfully attain a college degree. An Education Savings Plan is the first step in ensuring the realization of this dream. School expenses increase every year, but with an Education Savings Plan we can help you meet these costs. Created as a five year plan, this savings account can be helpful at crucial times such as graduation.

At Ariza Credit Union we believe that when you educate a child, you educate a generation of new thinkers, that will in turn help communities, society and economy grow.

FEATURES
FAQ

FEATURES

You can open this account with EC$20.00
Continue to save with deposits as low as EC$20.00 per month
Interest is compounded monthly
The plan matures every five years
Savings in the plan can be used as collateral for concessionary educational loans.
Get your bachelors, masters degree or learn a trade or skill with the funds saved

FAQ

Why do I need the Education Savings Plan?
With education costs increasing annually, an Education Savings Plan will provide the base to secure money for educational purposes for the future.
How does the Education Savings Plan work?
The plan is Sold in units of EC$20.00 each and has a five-year investment periods with the option to renew for a further five years. It attracts an above market interest rate which is compounded monthly