wolfmanjack Posted March 1, 2011 Share Posted March 1, 2011 I have 2 kids one is 9 years old and the other is 10 years old. I am guessing i will need 40,000 baht per year each for university when they get old enough. Any one know a good savings plan i can get into now so i can have the money socked away for them when they need it? Link to comment Share on other sites More sharing options...
PattayaParent Posted March 1, 2011 Share Posted March 1, 2011 Current reports reckon that students finsihing university after a 3 year course will be 20,00 quid n debt so 40,000 Baht a year doesn't seem enough to budget for. Link to comment Share on other sites More sharing options...
PattayaParent Posted March 1, 2011 Share Posted March 1, 2011 Current reports reckon that students finishing university after a 3 year course will be 20,000 Quid (UK) in debt so 40,000 Baht a year doesn't seem enough to budget for. Edited to read properly Link to comment Share on other sites More sharing options...
CWMcMurray Posted March 1, 2011 Share Posted March 1, 2011 Tuition fees for Universities can vary greatly in Thailand, but below are the charges at one of the "big 3" below... Undergraduate Programs General Fees Admission fee (for 4 years): THB 10,000 Trimester Academic Fee (per trimester): THB 8,400 Major Fee for Non-science (per trimester): THB 10,000 Major Fee for Science (per trimester): THB 12,000 Professional Fee for EMP (per trimester): THB 38,000 Professional Fee for CDP (per trimester): THB 25,000 Bank Fee: THB 20 Business Administration Program Resident/Non-Resident Tuition and Fees (per 4 years) : THB 598,800.00/785,800.00 Tuition and Fees (per 1 year) : THB 149,700.00 / 196,450.00 Tuition and Fees (per 1 semester) : THB 49,900.00/65,483.00 Communication Design Program Resident/Non-Resident Tuition and Fees (per 4 years) : THB 1,178,800.00/ 1,466,800.00 Tuition and Fees (per 1 year) : THB 294,700.00 /366,700.00 Tuition and Fees (per 1 semester) : THB 98,233.00/122,233.00 Entertainment Media Program Resident/Non-Resident Tuition and Fees (per 4 years) : THB 1,318,800.00/1,598,800.00 Tuition and Fees (per 1 year) : THB 329,700.00 / 399,700.00 Tuition and Fees (per 1 semester) : THB 109,900.00 /133,234.00 Applied Mathematics Resident/Non-Resident Tuition and Fees (per 4 years) : THB 636,800.00 / 824,800.00 Tuition and Fees (per 1 year) : THB 159,200.00 / 206,200.00 Tuition and Fees (per 1 semester) : THB 53,067.00 /68,734.00 Biological Science Resident/Non-Resident Tuition and Fees (per 4 years) : THB 640,800.00 / 798,800.00 Tuition and Fees (per 1 year) : THB 160,200.00 / 199,700.00 Tuition and Fees (per 1 semester): THB 53,400.00/ 66,567.00 Chemistry Major Resident/Non-Resident Tuition and Fees (per 4 years) : THB 632,800.00 / 820,800.00 Tuition and Fees (per 1 year) : THB 158,200.00 / 205,200.00 Tuition and Fees (per 1 semester) : THB 52,734.00/68,400.00 Computer Engineering Major Resident/Non-Resident Tuition and Fees (per 4 years) : THB 630,800.00 / 813,800.00 Tuition and Fees (per 1 year): THB 157,700.00/ 203,450.00 Tuition and Fees (per 1 semester): THB 52,567.00/67,817.00 Computer Science Major Resident/Non-Resident Tuition and Fees (per 4 years) : THB 640,800.00 / 826,800.00 Tuition and Fees (per 1 year) : THB 160,200.00 / 206,700.00 Tuition and Fees (per 1 semester) : THB 53,400.00 /68,900.00 Environment Major Resident/Non-Resident Tuition and Fees (per 4 years) : THB 620,800.00 / 798,800.00 Tuition and Fees (per 1 year): THB 155,200.00 / 199,700.00 Tuition and Fees (per 1 semester) : THB 51,734.00 /66,567.00 Food Science and Technology Major Resident/Non-Resident Tuition and Fees (per 4 years) : THB 654,800.00 / 841,800.00 Tuition and Fees (per 1 year) : THB 163,700.00 / 210,450.00 Tuition and Fees (per 1 semester) : THB 54,567.00/ 70,150.00 Nursing Science Major Resident/Non-Resident Tuition and Fees (per 4 years) : THB 593,800.00/ 811,800.00 Tuition and Fees (per 1 year) : THB 148,450.00 / 202,950.00 Tuition and Fees (per 1 semester) : THB 49,484.00/ 67,650.00 Physics Major Resident/Non-Resident Tuition and Fees (per 4 years) : THB 626,800.00/ 810,800.00 Tuition and Fees (per 1 year) : THB 156,700.00 / 202,700.00 Tuition and Fees (per 1 semester) : THB 52,234.00/67,567.00 Social Science Major Resident/Non-Resident Tuition and Fees (per 4 years) : THB 586,800.00 / 766,800.00 Tuition and Fees (per 1 year) : THB 146,700.00 /191,700.00 Tuition and Fees (per 1 semester) : THB 48,900.00 /63,900.00 Travel Industry Management Major Resident/Non-Resident Tuition and Fees (per 4 years) : THB 592,800.00 / 745,800.00 Tuition and Fees (per 1 year) : THB 148,200.00 / 186,450.00 Tuition and Fees (per 1 semester) : THB 49,400.00 / 62,150.00 Link to comment Share on other sites More sharing options...
CWMcMurray Posted March 1, 2011 Share Posted March 1, 2011 And on the opposite side of the spectrum the most famous "open university" in Thailand Tuition Fees Tuition Fees are due each semester during the enrollment period. A student enrollment is not complete until all fees are paid. The schedule of fees appear as follows. All fees are in Thai Baht. 1. General Fees regular/special program for Regional Centers Academic fee (per credit) 25 / 80 Service fees : Regular semester 150 / 150 Summer session 50 / - Special session -/ 100 Link to comment Share on other sites More sharing options...
wolfmanjack Posted March 1, 2011 Author Share Posted March 1, 2011 Faculty of Law CMU Major Number of Semesters Tuition Fee per Semester Total Tuition Fee for a degree Baht US$ 1. Law 8 25,250 202,000 $6,112 I guess you are right i will need to budget more per year but i still need to know if anyone knows of a good savings plan from a bank, insurance company, or stock plan. Link to comment Share on other sites More sharing options...
AyG Posted March 2, 2011 Share Posted March 2, 2011 Since you've got 8 years to go before the eldest child starts university, investment in equity-based mutual funds would be the way to go. There is a risk that the value you get back might be less than you put in. However, if you want to go with something completely safe, such as a bank deposit account, inflation will eat away the value of what you put in anyway. Since expenditure will be in Baht, your investments should be focussed around Thai domestic equities. In my opinion, Aberdeen (http://www.aberdeen-asset.co.th) is probably the best of the locally marketed fund houses. You might consider splititng your investments something like: 40% Aberdeen Siam Leaders Fund 15% Aberdeen Small Cap Fund 20% Aberdeen Asia Pacific Equity Fund 25% Aberdeen World Opportunities Fund Then, after 5 years, sell 20% of each investment every year and put the money in a bank deposit account to protect you against the effect of a sudden stockmarket crash. Link to comment Share on other sites More sharing options...
wolfmanjack Posted March 2, 2011 Author Share Posted March 2, 2011 Thank you AyG I will look into that. Link to comment Share on other sites More sharing options...
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