Education fund, the full name of education insurance, is essentially an annuity insurance, which belongs to the type of savings and financial management. Its operation mode is that parents deposit a sum of money into an insurance company in a planned way, and the money will be compounded at a certain interest rate to increase its value and accumulate wealth in Qian Shengqian. At the time agreed in the insurance contract, you can take out the corresponding cash for the expenses of children at all stages of schooling, marriage, buying a house and starting a business.
Education subsidy has the function of compulsory savings and education security, which can ensure that children have sufficient financial support when they need to receive education. At the same time, education grant is more suitable for long-term education investment because of its long investment period and low annualized rate of return.