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Preparing Your Child for Study Abroad

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Study Abroad

By FBNQuest

Parenting is a full-time job no one prepares you for. First off, you are putting someone’s life, cares and burdens over yours consistently for the reward that takes the form of an indescribable love you feel when you look at your child.

That desperate desire to give this other human being everything that you never had and more, while always thinking about their best interests and preparing for their future. Such is the path of parenting which often leads you to make the move to prepare them for a study abroad in the first place.

Education is an investment that provides a firm foundation for the future and the better the quality of education, the higher the chances are of securing an enriching or fulfilling future, which is what you are probably looking to afford for your child or ward.

Although, affording quality education for your child is easier said than done, especially if you are considering education in a foreign country. But it does get easier with the right plan and preparation ahead of time, so you don’t have to worry about the next move to make for their progress. How exactly should you prepare to give your child this quality education abroad? Below are a few helpful tips for every parent preparing their child for education abroad.

Create a Checklist

Firstly, you will need to make a list of every requirement for your child’s education abroad. From information about the school and region you are considering to requirements for the study and immigration, you would need to take everything into consideration before your child leaves and tick the boxes once each task is completed. This will help you keep track of your progress and serve as a record of your activities, so you would not miss anything important. This list should include timelines, deadlines, cost implications, long and short term steps.

Review the Region, School and Course of Study

The next step is to work with your child to determine what their plans and aspirations are and guide them through choosing courses as you prepare them mentally for the journey. Also, work with them to choose schools that offer courses related to their shared plans.

Please note that Ivy league schools for example are not in the same financial category as state universities. These are factors that you should consider as a parent or guardian when you are making school choices with your child/ward.

Make Emotional and Physical Preparations

Once you decide to send your child abroad to study, you need to prepare them emotionally and physically. Prepare them to be independent, to be able to be away from home, to be able to make spur of the moment decisions without consulting you.

Also, teach them how to be financially independent. They need to know how to budget, plan and spend without you looking over their shoulders. Prepare them emotionally to be goal-oriented and remember where they find themselves, there is a goal and their eyes should always be on the ball.

Register for External Examinations

A couple of external examinations are a prerequisite for admissions in most Western countries. These exams differ by country sometimes and by the school too.

There is the International English Language Testing System (IELTS), Test Of English as a Foreign Language (TOEFL), Test de Connaissance du Français (TCF) and Test d’Evaluation (TEF) for Francophone countries, International General Certificate of Secondary Education (IGCSE) for the United Kingdom, American College Test (ACT) and Scholastic Assessment Test (SAT) for the United States of America, Deutsche Sprachprüfung für den Hochschulzugang (DSH) and German as a Foreign Language (TestDaF) for Germany just to mention a few. Ensure your child is prepared for these exams and that their results meet the criteria provided by the alternatives you have both decided on.

Get the Required Documentation

There is an extensive list of documents that cannot be obtained overnight.

  • A passport is extremely important because it is needed for them to even leave the shores of your home country.
  • A Student Visa allows your student to live abroad for a specified period. Each country has a different application process. You can visit the school’s website for the embassy or consulate of the country they are travelling to. They should provide you with all the necessary details you need for the visa application process.
  • International Certificate of Vaccinations should also be considered especially in light of the COVID-19 Vaccine which is now a travel prerequisite. As you prepare these documents, do not forget to make copies before your child leaves.

Schedule a Health Check

Schedule doctor visits before your child leaves. Some schools and visa application processes make health and medical checks mandatory. Ensure your child is in good health and can take care of themselves or manage a health condition on their own.

In cases where the child has pre-existing medical conditions, be sure to inform the school and make accommodation choices based on proximity to clinics and or weather information and convenience. Ensure to also get a health insurance cover that will step in if they need it.

Make Funding Arrangements

Securing citizenships, visas, enabling environments via vacations are fantastic and being proactive. However, it would be prudent for you to start planning financially even before the child is born.

Proactive planning will help you save money, take away the pressure, prepare you and your child for the future and generate dividends for the present. You can consider the products offered by FBNQuest that support children’s education such as the FBN Children Education Trust and the FBN Education Endowment Plan.

Here are a few ideas to help you build up funds for your child’s education abroad.

  • FBN Education Endowment Fund – The FBN Education Endowment Plan is a goal-based investment management solution specifically created to help parents/guardians save for their children’s education and ensure continuity of their education by providing added benefits such as Insurance and Trust. The good thing about this plan is that it is time-based. It can span for as long as 5-10 years and as short as 6 months. It allows for flexible contribution plans so you finance hassle-free. It also assures that all education needs will be met.
  • Liquidity Management – Stacking up shares and stocks and liquidating when you need physical cash is another means of planning for the beautiful future that you want for your child. However, there is a need to work with a portfolio manager who can advise you on what stocks and shares to buy, when to buy and then to sell to grow the education funds for your child’s study abroad. FBNQuest offers excellent liquidity management solutions.
  • Mutual Funds – Mutual funds as an investment plan provides you with access to investment markets by pooling your money with the money of several other individuals with similar investment goals. This allows you to diversify your investments and assists with minimising the potential risks typically associated with investing.

It’s flexible and allows you time to be consistent at depositing or to just put in what you intend to multiply for future use. FBNQuest offers a wide range of mutual funds to invest in, including; FBN Money Market Fund, FBN Bond Fund, FBN Balanced Fund, FBN Eurobond Fund, FBN Smart Beta Equity Fund and FBN Halal Fund.

  • FBN Children Education Trust – An educational trust specifies that trust funds are to be used for education. In the trust document, the grantor names a trustee and beneficiaries, and also specifically states your true intention and goals and details on how the trust money is to be used. You can create an education trust fund for your child and the Fund shall be locked up for an initial minimum period of 2 years before withdrawals can be made.

Conclusively, education on its own is an investment and giving your child the best is an investment into the future and this comes with a price. However, preparing and planning with a holistic strategy makes your child’s experience whole and hassle-free.

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Education

We Didn’t Abandon Nigerian Scholarship Students in Morocco—FG

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Nigerian students morocco

By Adedapo Adesanya

The federal government has dismissed rumours suggesting Nigerian scholarship students in Morocco have been abandoned, describing the reports as misleading and “deliberately crafted to misinform the public.”

Recently, a video went viral on social media showing that the students studying in Morocco under the federal government scholarship scheme were facing hardships, including homelessness and a lack of medical support.

However, in a statement signed by the Director of Press and Public Relations of the Federal Ministry of Education, Mr Boriowo Folasade, the Minister of Education, Mr Tunji Alausa, clarified that no Nigerian student on a valid federal government scholarship has been abandoned.

“The Honourable Minister of Education, Dr Maruf Tunji Alausa, has clarified that no Nigerian student on a valid Federal Government scholarship has been abandoned. All beneficiaries duly enrolled under the Bilateral Education Scholarship (BES) Programme prior to 2024 have received payments up to the 2024 budget year, in line with the Federal Government’s obligations.

“Any temporary delays in outstanding payments are attributable to fiscal constraints and are currently being addressed through ongoing engagements between the Federal Ministry of Education and the Ministry of Finance,” Mr Alausa stated.

“The Minister further stated that no new bilateral scholarship awards were made in October 2025 or at any time thereafter. Documents being circulated to suggest otherwise are fake, unauthenticated, and constitute a calculated attempt to mislead the public and discredit government policy.

“Dr Alausa explained that the decision to discontinue government-funded bilateral scholarships abroad followed a comprehensive policy review, which established that Nigeria now possesses sufficient capacity within its universities, polytechnics, and colleges of education to deliver the affected programmes locally.

“Consequently, only scholarships that are fully funded by foreign governments are now being supported, with all financial obligations borne entirely by the host countries.

“Notwithstanding this policy shift, the Federal Government remains fully committed to students already enrolled under the previous arrangements and will continue to support them until the completion of their programmes.

“In addition, students who may prefer to discontinue their studies abroad may formally write to the Director, Department of Scholarship Awards. Such students are being offered the option of returning to Nigeria, where they will be seamlessly reintegrated into appropriate tertiary institutions of their choice. The Federal Government will also cover their return travel costs to ensure a smooth and orderly transition,” the statement noted.

According to the Minister, the current administration remains committed to eliminating inefficiencies and abuses within the scholarship system, stressing that past practices that sponsored overseas training for courses already well established in Nigeria placed avoidable financial burdens on the nation.

He reaffirmed that the ongoing reforms are therefore aimed at promoting transparency, accountability, and the prudent management of public resources.

The federal government reiterated its unwavering commitment to the welfare of Nigerian students and strongly rejects misinformation, blackmail, or any attempt to undermine policies designed to strengthen national capacity and safeguard the integrity of the education sector.

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Education

AltBank, BAF Strengthen Capacity of Frontline Educators

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AltBank BAF teachers

By Modupe Gbadeyanka

A significant step has been taken by the duo of Alternative Bank (AltBank) and the Busayo Ademuyiwa Foundation (BAF) to address the declining access to trained educators across Nigeria.

The two organisations recently a one-day capacity programme for teachers in the country at the 2025 BAF Teachers’ Conference in Lagos.

The event delivered hands-on training to hundreds of primary and secondary school teachers drawn from underserved communities across the country.

Nigeria’s education sector sits at a critical inflection point. With over 65 per cent of classrooms in underserved regions lacking access to trained educators or modern teaching tools, the learning crisis represents a structural failure with long-term economic consequences if not adequately addressed.

Rather than focus on policy rhetoric or aspirational targets, the conference tackled hard realities including teacher burnout, mental resilience, classroom innovation on a budget, and digital skill development.

Sessions were designed for practicality and replication, enabling attendees to take back immediately usable tools and frameworks to their schools. Specialised workshops on emotional health, low-tech teaching methodologies, and inclusive learning design underscored a broader commitment to both teacher well-being and student outcomes.

Key stakeholders in attendance included policymakers, school heads, and representatives from Nigeria’s corporate CSR sector, underscoring the convergence between social investment and educational equity.

Featured speakers included the president of the Nigerian Union of Teachers, Mr Audu Titus Amba; the General Manager of BIC Nigeria, Mr Anthony Amawe; the founder of Almanah Hope Foundation, Hope Ifeyinwa Nwakwesi; and Doyinsola Jawando-Adebomehin of Sequoia Span.

“The people who hold up Nigeria’s education system don’t need applause, they need backup,” the Executive Director for South at AltBank, Mrs Korede Demola-Adeniyi, stated.

“We see this platform as critical infrastructure. Equipping a teacher with the right tools and support is the most direct path to long-term national productivity,” she added.

“The challenge in Nigeria’s education sector is execution, not awareness. This partnership is part of a broader operational strategy to find the pressure points, inject support where it changes outcomes, and back it with measurable value. Our role is catalytic, not just financial,” Mrs Demola-Adeniyi stated further.

Business Post reports that the conference aligns with the bank’s HEART Strategy, a long-term investment thesis focused on Health, Education, Agriculture, Renewable Energy, and Technology.

Under this framework, the Bank continues to deploy capital and partnerships into scalable solutions targeting Nigeria’s most underserved sectors.

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Education

Nigerian Breweries to Empower 1,000 Lagos, Ogun, Enugu Students

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Nigerian Breweries Orange Corners Student Ambassadors Programme

By Modupe Gbadeyanka

Plans have been concluded by Nigerian Breweries to support about 1,000 Nigerian students in Lagos, Ogun, and Enugu States.

The foremost brewing company is carrying out this empowerment initiative with a leading non-profit organisation, FATE Foundation, through the Orange Corners Student Ambassadors Programme of the Netherlands.

This partnership marks a significant step in advancing youth entrepreneurship in Nigeria, equipping young people with the knowledge, skills, and opportunities needed to build sustainable businesses and contribute meaningfully to the nation’s economy.

This is because the scheme is to promote entrepreneurship and offer networking opportunities in Nigerian tertiary institutions. Ambassadors are selected from specific universities to inspire students to see entrepreneurship as a desirable career path and to foster a culture of innovation within universities.

It targets students aged 18–35 currently enrolled in tertiary institutions across Lagos, Ogun, and Enugu States.

“The partnership reinforces Nigerian Breweries’ long-standing commitment to youth empowerment and entrepreneurship development. Through initiatives like this, we are creating pathways for the next generation of entrepreneurs and business leaders in Nigeria,” the Corporate Affairs Director for Nigerian Breweries, Mr Uzodinma Odenigbo, stated.

He further highlighted the company’s track record in youth empowerment, noting that since the renewed focus on youth empowerment and entreprenuership, Nigerian Breweries has impacted 2,365 young Nigerians across 24 states and the FCT.

Also speaking on the partnership, the Executive Director of FATE Foundation, Ms Adenike Adeyemi, expressed enthusiasm about the collaboration between Nigerian Breweries and the Orange Corners Programme.

“Nigerian Breweries has been a longstanding partner with Orange Corners Nigeria in many ways. We are delighted to have the company continue to support the Orange Corners Programme and elated that this commitment will reach an additional 1000 young Nigerians leveraging the proven Orange Corners Student Ambassadors framework,” she said.

Ms Adeyemi outlined FATE Foundation’s role to include designing and delivering the training curriculum, managing student registration and participation, maintaining accurate records of all beneficiaries, and coordinating all logistical and technical aspects to ensure successful programme delivery.

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