Banks support parents in solving the 'tuition problem'

When tuition fees make even "well-off" parents worried

“My family has two children studying at an international school in Hanoi. Our current financial situation can be balanced, but I am quite worried when the third child starts first grade. With the current economic downturn, to ensure that all three children enjoy the same educational conditions, my family is forced to calculate more carefully about choosing a school for our children,” Ms. Hoang Huong Giang (38 years old, Hanoi) shared.

Faced with the economic recession after Covid-19, many families are forced to tighten their spending because their income sources are reduced or narrowed. However, tuition fees are a category that accounts for a fairly high proportion of spending and is difficult to cut out of the total household expenses. This is also a relatively large burden for most households. To solve the "tuition problem", many families are forced to change schools, or changetheir educational orientation, or rely on support from relatives as well as find preferential loans to invest in their children.

Many parents are always confused when choosing a school for their children.

Grasping that practical need, many banks have launched personal credit packages for the purpose of serving education and training. In particular, Bac A Commercial Joint Stock Bank is a unit with many attractive products and programs such as: preferential tuition discounts when paying by international credit card; tuition discounts and free learning equipment; unsecured loan packages... exclusively for parents and students of the TH School System. These programs and products demonstrate BAC A BANK 's companionship with TH School parents in particular, but are also a green signal that financial institutions always accompany customers in life, especially towards investing in future generations.

“Double profit” for parents and students

After researching and considering, Ms. Hoang Huong Giang transferred her children to TH School last school year. She shared that she was very satisfied with this decision because "The older children continue to study the International Program (Cambridge) like the old school with native teachers without fear of interruption. The youngest child can study with his older siblings as the family wishes. The parents are also satisfied because they enjoy many tuition incentives from programs combined with BAC A BANK, so the financial issue is also more comfortable". Most of the other parents who come to TH School agree that BAC A BANK's support helps them feel more secure when deciding to invest in their children in an international education orientation.

Physical enhancement activities are always focused on by TH School to balance with cultural subjects.

“At TH School System, children study a global curriculum but still learn about national culture through the Vietnamese Studies program and grow up right next to their families without having to study abroad too early. This is a long-term journey that requires a solid financial foundation. We share this legitimate desire and are committed to accompanying TH School parents with a long-term strategy,” said a representative of BAC A BANK about the Bank’s commitment to accompany TH School parents.

As a bank pursuing the investment consulting orientation for projects in the field of sustainable development since 1994, BAC A BANK is the investment consulting unit of the TH School System with the desire to contribute to bringing generations of Vietnamese students an international standard educational environment, imbued with Vietnamese identity, fostering the dream of standing shoulder to shoulder with the world's powers, becoming global citizens of the future generation. Demonstrating the determination to accompany the education cause, BAC A BANK has built and implemented many programs and products specifically for students and parents of the TH School System in a quite comprehensive and diverse manner.

Dream School Personal Credit Product provides individual customers with unsecured loans to pay tuition fees up to 100% during their study period at TH School, with preferential loan interest rates and flexible loan terms.

In addition, BAC A BANK's loyal customers also enjoy a special incentive program for their children/grandchildren who wish to enroll at one of TH School's campuses. The incentives apply to all levels of education at TH School's 3 campuses, including TH School Chua Boc, TH School Hoa Lac (Hanoi) and TH School Vinh. The incentives include: free school services (bus, lunch), or gifts of learning equipment such as Laptops, Tablets or direct deductions from tuition fees up to 60 million VND.

In particular, TH School parents use BAC A BANK MasterCard international credit cards to pay tuition and other fees for their children, and can register for interest-free installment payments with flexible terms and the most competitive conversion fees on the market. Customers receive a 1% refund of the amount, demonstrating the efforts of both the bank and the school in accompanying and sharing finances with parents and families.

The promotion applies to transactions from only 10,000,000 VND or more and supports multiple payment channels, bringing customers many conveniences because they can transact anywhere quickly - conveniently - safely. In parallel, when parents register to pay TH School tuition in installments via BAC A BANK MasterCard international credit card, they will receive many outstanding benefits with discount policies, fee exemptions & incentives, points to redeem gifts, special refunds... depending on the card type owned.

With such a convenient "ecosystem" of programs and products, BAC A BANK truly brings "double benefits" to parents and students when they can enjoy many attractive financial incentives while studying and developing in a high-quality educational environment like TH School.

Source: https://www.congluan.vn/ngan-hang-ho-tro-phu-huynh-giai-bai-toan-hoc-phi-post259048.html