education fund

College money pool

An education fund is money set aside to pay for schooling expenses—tuition, books, fees, and related costs.

Parents often establish education funds for their children's future college expenses: We started an education fund when she was born.

The term also applies to scholarship pools and institutional accounts dedicated to educational purposes.

Related

grant · endowment · 529 · investment · university · nest egg · financial aid · trust · contribution · academy · diploma · degree · campus · future · bright future · piggy bank · bonds · graduation

Categories
Opposites
purpose of financial resources

education funddiscretionary spending

Non-obligatory personal expenditures

retirement fund · debt · deficit · financial liability · pension fund

financial mechanism for education

education fundstudent loan

Borrowed funds for tuition

student debt

Family

education, fund, educate, educated, educating, educator, educators, educational, educationally

Familiarity
Top 200,000
Profile
Used worldwide · Timeless · Positive · Everyday, not technical · Rated G