Three-quarters of parents ‘worried about cost of child attending university’

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Parents saving to support their child through university typically estimate they will need around £40,000, a survey has found. More than three-quarters of parents surveyed are worried about the costs of their child attending university, with 90% indicating their child will be relying on them for financial support. It is encouraging to see families having early conversations to discuss how they might cover tuition costs, accommodation and other living expenses Joanne Phillips, Aviva Nearly nine in 10 parents with children going to university in the next three years have had a conversation about how to finance their university fees and living expenses, and half of those families said they have discussed it extensively. Joanne Phillips, managing director of Aviva Direct Wealth said: “Although saving and paying for university may feel overwhelming given the large sums involved, it is encouraging to see families having early conversations to discuss how they might cover tuition costs, accommodation and other living expenses.