US$20.8 million paid out to Families of the Heritage International Scholarship Trust Plan in the Jamaican market


Jamaica, October 22, 2014 - Heritage Education Funds International (Jamaica) Limited is proud to provide continued financial solutions for families in Jamaica seeking a way to save for their children’s tertiary education. With the assistance of their Heritage International Scholarship Trust Plan, many children in Jamaica are now able to attend college or university either locally or overseas.

“In this day and age, the advantages of a tertiary education cannot be overstated,” says Jason Maguire, President and CEO of Heritage Education Funds International (Jamaica) Limited. “Our goal at Heritage is to provide a cost-effective, flexible means to help families better afford one. Subscribers’ contributions are safely invested in US dollar denominated fixed-income and government-issued investments, which we feel is a major feature of our plan.” The Heritage International Scholarship Trust Plan, as of September 2014, provided returns of 7.18% and paid out over US$20.8 million in savings and Educational Assistance Payments (“Scholarships”) to Jamaican Subscribers and students since inception of the Plan.

Tuition costs continue to rise, averaging a four to six percent increase annually and if this trend continues, tuition for a four year degree programme will exceed US$150,000 in only 10 years.*

Heritage continues to assist Jamaican families in building brighter futures for their children. We would like to thank all of our Subscribers for their commitment to their children’s tertiary education; we are truly proud to play a role in that journey.

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:

Lyndie Headley
Heritage Education Funds International (Jamaica) Limited
Agency Director
Suite #29, Winchester Business Centre, 15 Hope Road, Kingston 10, Jamaica
Telephone: 968.1601
Email: Lyndie_Headley@HeritageESP.com

*Statistic source: CollegeData, 2014

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.