We provide Alumni with a meaningful way to directly support student’s at their University with an impact investment & earn an inflation linked, tax-free return that beats anything they'll find from their bank.
Alumni investment funds are used to fund high performing post-graduate students who go on to build leading careers in Technology, Finance, Law & Engineering.
The minimum term is 5 years with the option to extend for further subsequent terms of 5 years. Risk is managed through pooled investment across each cohort of students.
Your investment returns are linked to Inflation at RPI. The 20 year historical average is 3.5% and is currently 3.9%. There are no management charges.
*Collar & Cap (1% & 5% AER)
The existing student financing options are inefficient, unnecessarily expensive and do not cover the cost of post-graduate education. Leaving students’ from diverse backgrounds behind or having to use credit cards/payday lenders.
Post-Graduate Students currently pay between 6.3% - 30% in interest charges per annum to fund their Post-Graduate courses through government and private loans.
By investing in the next generation of post-graduate level engineers, scientists, lawyers and accountants you can help graduates save up to £10,000 in interest charges.
EdAid manages risk and reduces defaults (currently zero.) by ensuring all of our graduates are employed & encouraging employers to contribute to repayments.
We in partnership with the University are highly selective in the students we back. We look to leading indicators of future performance namely academic and work experience, but also emotional intelligence, work ethic & grit.
Education matters, outcomes matter. We work with over 250 leading employers to ensure that we are funding students today, for the jobs they are hiring in 12-24 months time, bridging the opportunity divide directly.
EdAid assesses all student borrowers against strict KYC, AML & affordability checks as well as against top percentile performance criteria.
Once a student is funded by EdAid we support them throughout their career development enabling access to internships and getting hired post-graduation.
The Alumni ISA is part of the Innovative Finance ISA (IFISA) framework that is authorised & regulated by the FCA & HMRC.
Your Alumni ISA is like any normal ISA and counts towards your annual £20,000 tax-free ISA savings limit.
The returns on our IFISA are linked to, and tracks UK RPI. It is currently 3.5% for January 2018.
It is calculated monthly and allocated annually.
All returns on the EdAid IFISA are tax-free, they are not subject to UK Income Tax and do not count towards your Personal Savings Allowance.
There is no opportunity at present for early redemption.
Investors will have their capital and any outstanding returns paid back to their nominated account. Investors have the option to reinvest in further Issues and take advantage of tax-free IFISA allowance benefits in subsequent years.
The term for the FY2018/19 issue is 5 years.