Children education savings (anticipated financing)
Parents wishing to prepare children studies (0-15 years) — Budget: 1K-5K MAD · Average rate: 4%
Anticipated education savings allow progressive capital building for children higher studies (300K-1M MAD at age 18). Dedicated products: educational life insurance, education PER, long-term structured DAT. Programmed deposits 500-5,000 MAD/month over 10-18 years.
Eligibility
No specific income requirement. Contract opening in child's name (with parent ID until 18 years). Flexible deposits, modifiable anytime. Exit at term (child's 18 years) or progressive (quarterly during studies).
Covered schools / trainings
Free exit: savings can finance any training (Morocco or abroad, public university or private school). No specific allocation obligation. If child doesn't need (scholarship, free studies), savings become starter capital (real estate contribution, business creation).
Repayment options
Paid products (no repayment, it's savings). Educational life insurance: 3-5%/year net, favorable taxation. Structured DAT: 3-4%/year guaranteed. Educational PER: parent IR-deductible (tax advantage).
Numeric example
Parent deposits 1,500 MAD/month since birth (0 to 18 years). Product at 4%/year net: total deposited 324K, compound interest = 490K at 18 years. Available capital for studies: 490K MAD = sufficient for France Master (4 years) or local MBA. Alternative 500 MAD/month: 165K available (covers private Morocco school).
Practical tips
- Start from birth: 18 years of capitalization = powerful compound effect
- Increase deposits with parent salary evolution
- Educational PER: premium IR-deductible (15-30% savings on contribution)
- Diversify supports (50% guaranteed DAT + 50% equity UCITS) to maximize yield
- Plan exceptional deposits (annual bonus, inheritance) to accelerate
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