Heritage International Scholarship Trust Plan -- providing consistent competitive returns, with over US$25.1 million paid out to Jamaican families to date
Jamaica, October 12, 2015 - Heritage Education Funds International (Jamaica) Limited is one of Jamaica’s leading providers of tertiary education savings plans, and has been proudly assisting families in children's pursuit of a college or university education for over 20 years.
The Heritage International Scholarship Trust Plan has provided subscribers another strong year. Students who received their final Educational Assistance Payment (“Scholarships”) this year have benefited from a return of 6.95 percent. To date the Foundation has paid out over US$25.1 million in Savings and Educational Assistance Payments (“Scholarships”) to Jamaican Subscribers and students since inception of the Plan.
“It is no surprise that in today's economic environment, most parents are challenged with supporting and planning ahead for their children to pursue a tertiary education” says Jason Maguire, President and Chief Executive Officer of Heritage Education Funds International (Jamaica) Limited. “The average family cannot ignore the continual rise in the cost for a higher education, which in turn is a growing concern for the next generation. We at Heritage, pride ourselves on providing parents a solution to this very worry. Starting a plan early and contributing to it often can relieve families of the burden of expensive tuition fees, and we feel our message is an important one to get across to all parents and concerned family members”.
In addition to recognizing our 20th year in Jamaica, this year has been an exciting one for the company as well as our Subscribers due to recent changes made to our Plan. The Foundation recommended and through a member vote, passed changes to the Plan that are intended to generally increase the flexibility and benefits offered to our Subscribers. With these changes, we have expanded the investment policies and our students can expect a more simplified scholarship application process. We expect that these strategic changes will better meet the needs and expectations of Subscribers and Beneficiaries and provide them with greater value.
We consider it a privilege to serve our Jamaican Subscribers and applaud them for their ongoing commitment to their children’s tertiary education. We wish this year's class of new undergraduates much success in their new studies. Additional congratulations to your proud parents who tactfully planned ahead for your very bright futures.
Those interested in obtaining more information about Education Savings Plans and how we can help you save for your child’s education, please visit www.HeritageESP.com or contact:
Heritage Education Funds International (Jamaica) Limited
Suite #29, Winchester Business Centre, 15 Hope Road, Kingston 10, Jamaica
Heritage Education Funds International (Jamaica) Limited is the distributor of the Heritage International Scholarship Trust Plan. The Heritage International Scholarship Trust Plan is sold by prospectus only.