College fund+

Start saving to give your child a better start in life

Every young person needs start-up capital in order to get a good education and begin living their life independently. In order to avoid unexpected costs, it is useful to start saving for your child today. College fund+ is an effective saving solution.

  • Saving guarantees your child a comfortable future and you can earn additional income as your investment grows.
  • Guarantee on contributions. Even if investments are in decline as the maturity date approaches, your child will still receive the accrued funds, less the contract fee.
  • The child receives money in any case. College fund+ policyholders are covered by life insurance, which means that we will continue making contributions in the event of their death. Your child will receive the amount intended by you after the contract expires.
Start saving

How do you support your child during their university studies?

Your child's 18th birthday might seem light years away. Would you manage financially if your child started university tomorrow?

  1. On average, university students spend €500 per month on living expenses. Breakdown of student expenses
  2. In 2018 the maximum student loan amount is €2000, i.e. €166 per month.
  3. How do you cover the rest of it?
Good education is expensive
  • 88% of secondary school graduates want to continue their studies.
  • Even if you don't have to pay tuition fees, studying still entails considerable additional costs.
  • Saving money for your child reduces the risk of the family's financial situation limiting their choice of speciality and university.
  • 74% of young people aged 18-30 receive financial support from their parents after turning 18.

College fund+ calculator

Child's age (today):
At contract end date:

All values generated by this calculator are not guaranteed and only serve as an illustrative example generated based on the values entered into the calculator. We would like to draw your attention to the fact that the value of the contract's underlying assets may increase or decrease during the contract lifetime and also the value of the reserve may accordingly increase or decrease in line with the value of the contract's underlying assets.

The calculator uses indicators and calculating logic (planned amount of insurance payment, length of collection period, expected yield and its scenarios) that differ significantly from the requirements set for main information of combined retail and insurance-based investment products. In making a choice regarding an insurance product please review the results of the forecasts set out in the yield scenario table under ‘What are the risks and what could I get in return?’ in the Key Information document.

Advantages of College Fund+
  • Guarantee on contributions

    If the value of the investments made into College Fund+ have lost their value, your child will still receive the accrued funds, less the contract fee. The guarantee no longer applies if you terminate the contract prematurely or make a partial withdrawal.
  • Life insurance

    Your child will have the money they need to start an independent life even in the event of your death. In such a case, the planned contributions are made by the insurance company.
  • Flexible contributions

    You can change or stop the payments and withdraw the money, if necessary. Contributions can also be made by other people, e.g. grandparents. You can view the sum accrued and amend the contract in the Internet bank.

College fund+ is suitable for you if you:

  • wish to make it easier for your child to start an independent life;
  • are planning on saving money for more than five years;
  • and are ready to invest

Since College fund+ is a life insurance contract where the investment risk is borne by the policyholder, please assess its suitability for you by filling in a short questionnaire.

You don't need to have detailed knowledge of how to invest – we will take care of it for you. More information about the investment strategy.

Discount for good academic performance

  • If your child's marks are all 'excellent' on their final school report for the year (or even if there’s one 'very good' among them), bring the report to your nearest Swedbank office together with your contract number or e-mail them to us at
  • You'll get 25% off the contract management fee.
  • This discount is valid from the date of submission of the school report until 31 July the following year.
  • Note: Grades for behaviour and diligence are taken into account, too.
  • We recommend making regular, consistent contributions.
  • Review your payment amount from time to time and adjust it according to your goals for the maturity date.
  • 613 1606 (Mon-Fri 8.30–18.00)