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What Will University Cost When Your Child Turns 18?

Education costs rise ~5% every year. See your child's real number — and the cost of waiting. By Keith Tew — MDRT 7×, Penang.

Your Numbers

Total cost incl. tuition + living, in today's money
Malaysia education inflation ≈ 4–6%

Your Result

Years until university
Cost in today's money
Projected cost at age 18
Monthly saving — start now
Monthly saving — wait 5 years

Estimates for education only, not financial advice. Products underwritten by AIA Bhd. Actual plan values depend on the product chosen.

The Real Cost of Waiting

Education is the most predictable big expense a family will ever face — you know the amount (roughly), and you know the exact year it arrives. What most parents underestimate is how brutally the math punishes delay: waiting 5 years to start typically pushes the required monthly saving up by 60–100%, because you lose both saving years and compounding years.

Why Parents Use Education Insurance Plans

Keith Tew helps parents in Penang, Butterworth, Bukit Mertajam and Seberang Jaya design education funds that arrive on time, every time — including for newborns (combine with a newborn medical card within the first 30 days).

Frequently Asked Questions

How much does university cost in Malaysia?

Today: local public ~RM 60k–100k total with living costs; private in Malaysia RM 150k–300k; overseas RM 400k–600k+. At 5% education inflation these roughly double in 15 years.

When should I start?

From birth ideally — starting at age 0 vs age 8 can halve the monthly amount needed.

What is an education insurance plan?

A savings plan that builds the fund and guarantees its completion even if the parent dies or is disabled — future premiums are waived.

Education plan vs ASB/unit trust?

Different jobs: investments may earn more but don't self-complete. Many families use both. Get a free comparison from Keith.

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Get a free education fund projection — serving Penang, Butterworth, Bukit Mertajam, Seberang Jaya and all of Malaysia.

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