What is Education trust and which app can I use in investing?

An education trust (or education investment plan) is a structured way to save and invest money specifically for your children’s future education expenses — school fees, university tuition, books, accommodation, certifications, and related costs.
In Nigeria, people commonly use:
Mutual funds
Education savings plans
Money market funds
Equity funds
Trust structures through asset managers
The idea is:
Start early
Contribute monthly
Allow compound growth over many years
Build a dedicated education fund before the children even reach secondary school or university
For example:
If you invest ₦20,000 monthly for 15–20 years into a good long-term fund, the combination of:
your contributions, and
compounded returns
can grow into a substantial education reserve.
A simple compound growth model looks like this:
Where:
= future value
= money invested
= annual return
= years
Good options in Nigeria
1. stanbicibtcassetmanagement.com
One of the strongest platforms for long-term investing in Nigeria.
Useful products:
Money Market Fund
Ethical Fund
Equity Fund
Dollar Fund
Best for:
Monthly automated investing
Long-term compounding
Education savings discipline
Their mobile app:
play.google.com
Since you already mentioned interest in the Ethical Fund earlier, this platform aligns well with your long-term goal.
2. cowrywise.com
Very popular for disciplined automated savings and investments.
Good features:
Automatic monthly deductions
Mutual fund investing
Goal-based saving (“Children Education” goal)
Easy to start with small amounts
Mobile app:
play.google.com
Good for beginners.
3. piggyvest.com
Useful if you want:
fixed savings discipline,
safe savings structure,
lower investment complexity.
Best for:
conservative education savings
emergency school fee reserve
App:
play.google.com
4. arm.com.ng
Strong long-term investment company in Nigeria.
They offer:
Mutual funds
Equity investments
Education planning products
App:
play.google.com
What I would recommend for your goal
Since your objective is:
“I don’t want to struggle paying school fees for my future children.”
Then the best structure is usually:
Phase 1 — Foundation
Build:
emergency fund,
stable income,
low debt.
Phase 2 — Education Fund
Start monthly investing into:
60–80% money market or balanced fund,
20–40% equity fund for long-term growth.
Phase 3 — Increase Contributions
As your income grows:
increase monthly deposits yearly,
reinvest all returns,
avoid withdrawing from the fund.
A practical example
If you invest:
₦20,000 monthly for 18 years
at average 12–15% annual growth
You could potentially accumulate several millions of naira before your child reaches university age.
The earlier you start, the less pressure you face later.
Safer mindset for education investing
For school-fee planning:
avoid get-rich-quick schemes,
avoid frequent trading,
prioritize consistency over high risk,
think in decades, not months.
Education planning works best with patience and automation.
If you want, I can also help you with:
⁠a realistic 15–20 year education investment projection in naira,
⁠how much to save monthly per child,
safest fund allocation strategy in Nigeria,
or ⁠a “future children education portfolio” you can start with as little as ₦5k–₦20k monthly.