Part Two: Funding your child's university years

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Going to university can cost more than £7,000 a year when you take into account tuition fees, accommodation, food, transport and socialising. IFAonline asks top advisers what parents can do to save enough money to fund their child's further education.

Peter McGahan is managing director at Worldwide Financial Planning Baby birds leave the nest after three to five weeks and it is a quick learning curve as they are lobbed out, 30 feet from the floor, with gravity as a friend. Fortunately for me, I never lived in a nest and my parents were more relaxed than that about me leaving home. At the ripe old responsible age of 18, students are faced with quite a bit of stress with examinations, plus the added costs of university, etc. The jury is out for many parents on whether or not they should be supporting them or indeed going through ...

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