Skip to main content
  • Eng
  • සිංහල
  • தமிழ்
  • Search
  • AIA Sri Lanka
  • Our Products
    • Savings
    • Retirement
    • Protection
    • Investment Linked
    • AIA Vitality
    • Health
  • Life Challenges
    • Planning for retirement
    • Managing health issues
    • Higher education for my child
  • About AIA
    • Our Commitments
    • Our People
    • Customer Relationships
    • Our Wealth Planners
    • Accolades
    • Media Centre
    • Careers
  • Help & Support
    • AIA Future Teller
    • Branch Network
    • Customer Complaints
  • My AIA
    • einsurance
AIA
  • Our Products

    Our Products

    Find our products and services according to your protection and wealth management range needs

    See more

    For Individuals

    • Savings

      We have the solutions to help you live the dream you wish and protect the ones you care
    • Retirement

      it's about time you thought about your happiness and aspirations.
    • Protection

      We care about your family's well being as much as you do
    • Investment Linked

      We care about your family's well being as much as you do
    • AIA Vitality

      It is a science-backed wellness programme that helps you make positive changes to your health by rewarding you for living a more active lifestyle.
    • Health

      The best care for you and your family.
  • Life Challenges

    Life Challenges

    What matters to you most?

    View all life challenges
    • Planning for retirement

      Life after a career can be a scary thought
    • Managing health issues

      Do Sri Lankans face unique health challenges?
    • Higher education for my child

      Earning a degree remains a difficult hurdle for many Sri Lankans
  • About AIA

    About AIA

    For almost a century, AIA as The Real Life Company has served the ever-changing needs of millions of people all across the Asia-Pacific region.

    More about AIA
    • Our Commitments

      Our initiatives are nationally relevant and contribute meaningfully to the well-being of the community.
    • Our People

      The leaders of AIA in Sri Lanka
    • Customer Relationships

      Creating a unique customer experience
    • Our Wealth Planners

      We all have hopes and dreams for the future
    • Accolades

      Proof of our competence and good governance
    • Media Centre

      New and Information about AIA
    • Careers

      Interested to join our AIA family? Look for a role that suits you.

  • Help & Support

    Help & Support

    We strive to assist you for all your inquiries with high touch customer service.

    Contact AIA
    • AIA Future Teller

      Retirement calculator
    • Branch Network

      You are welcome at any branch
    • Customer Complaints

      going further to understand and meet customer needs
  • My AIA

    My AIA

    Access to the portals of your choice.

      Customer

    • AIA eInsurance Portal

    My AIA

    Access to the portals of your choice.

      Customer

    • AIA eInsurance Portal
  • Language Select
    • Eng
    • සිංහල
    • தமிழ்
  • Search
  • Contact Us
    • CALL US

      Open: 8:00am to 5:00pm, Mon - Fri
    • Email Us

      We will contact you in your preferred way
Life Challenges
Prev
Get In Touch
Back to Top

  • {{title}}

    {{label}}
    • Savings Plans Sri Lanka

    higher education for my child

    In a country with a literacy rate well above that of a developing nation, earning a degree remains a difficult hurdle for far too many Sri Lankans.

    Why you need to think about it

    Sri Lanka has one of the highest literacy rates in South Asia with over 92 percent of the population able to read and write. Sadly this does not reflect on the number of people with a university degree. Since the education system as a whole is also driven on a theoretical knowledge model, a higher education becomes even more important to gain the practical knowledge needed for a job role in the private sector.

    The university system cannot accomodate everyone qualified enough to enter local universities. In fact only 25,000 can be accommodated while almost 30,000 who are qualified do not get to enter a public university. This means many talented and smart students are forced to consider private universities and vocational training courses. But not everyone can afford to pursue a private degree program due to lack of funds. It affects the human resource supply as a whole because employers don't have a quality labor force with a high valued set of skills to serve the country. 

     

    Did you know?

    Only 20% of all eligible Advanced level students are recruited to local public universities

    The cost of studying abroad for Sri Lankans has increased by 14% each year.

    The average cost of a higher education abroad is between LKR 10-15 million.

    Tips & advice

    Have a savings plan for your child's higher education

    Time flies as you would have realized on your child's first day of school. Before you know it he/she would be sitting for the Ordinary Level exams. The day your child starts school is the day you plan for your child's higher education. By planning early, you can make sure your child has the funds to start a degree at a private university if the need arises. For example, if you buy an education savings plan when your child enters school at age 6, you will have a fund that has grown for at least 10 years by the time your child finishes his/her Ordinary Level exam.

    Embrace foreign exposure

    Change is not something that comes naturally to Sri Lankans. As a collective society with closely knit families, there is a reluctance to send children abroad to study even if they can afford it. However, studying abroad will give students the chance to develop their cross cultural communication and business skills. It will also allow a student to think and operate independently and stand out from their peers.

    Classroom education is not everything

    Don't limit your education to books. There is a lot a child can learn from participating in sports and extra curricular activities that will contribute immensely when applying for jobs. Many students have earned scholarships at foreign universities based on their non academic achievements. Encourage children to engage in team sports and activities from school days and continue it during university.

    related articles from the web

    • Re-inventing the Education System in Sri Lanka From the Perspective of Students
      Re-inventing the Education System in Sri Lanka From the Perspective of Students

      A view of the Sri Lankan education system from its main recepient - the student. 

      Read more
    • Sri Lanka’s HR Challenge; not enough of the right skills and skilled people
      Sri Lanka’s HR Challenge; not enough of the right skills and skilled people

      Earning your education 'certificate' does not guarantee the skillset and training required to face a real life entry level job. 

      Read more
    • Open Online Courses Can Help More Sri Lankans Access Higher Education
      Open Online Courses Can Help More Sri Lankans Access Higher Education

      Not everyone can afford to travel abroad for an education, but you can gain the same qualification through an online degree program. Do your research because preparing for a career path starts at home. 

      Read more

    RECOMMENDED PRODUCTS

    Savings
    Savings

    AIA Education Plan

    Savings

    Plan your child's future early with AIA Education Plan - your child's passport to a brighter future.
    Protection
    Protection

    AIA Protected Savings

    Protection

    You can now provide maximum protection for your most valuable asset, your family. Our solutions will make your world better.

    +94 11 2310310

    AIA Tower, 92, Dharmapala Mawatha
    Colombo 07
    Sri Lanka.

    Fax : (+94) 11 4715892

    Email : lk.info@aia.com

     

    Contact AIA

    +94 11 2310310
     

    AIA Tower, 92, Dharmapala Mawatha
    Colombo 07
    Sri Lanka.

    Fax : (+94) 11 4715892

    Email : lk.info@aia.com

    go to

    AIA.COM

    Visit our corporate site to learn more about AIA.

    explore aia

    Our Products

    How to lodge a complaint

    About AIA

    Media Centre
    Careers

    GO TO

    AIA.COM

    Visit our corporate site to learn more about AIA.

    Explore AIA

    Our Products

    How to lodge a complaint

    About AIA

    Media Centre
    Careers
    Copyright © 2016, AIA Group Limited and its subsidiaries. All rights reserved.
    Terms of Use | AIA personal data policy (Sri Lanka)