Proactively plan for the cost of your ongoing learning and professional development

ASG’s Lifelong Education Fund allows you to save for the cost of further education—whether this involves the opportunity to up-skill, retrain to forge a new career or simply expand your horizons.

With the employment landscape rapidly changing, the jobs we have today may not exist tomorrow.

Investing in education as a lifelong experience gives you the ability to adapt to emerging trends, build on your skills to stand out from the crowd, increase your earning potential and have access to greater lifestyle choices.

Without careful planning, returning to study can be overwhelming. You many need to reduce your working hours to give you the study time you need, resulting in reduced remuneration. Along with fees, you’ll need to consider the costs of books, materials and perhaps travel costs, as well as maintaining your existing household and living expenses. 

Key features

Flexible contributions

Supports full-time and part-time studies

Use for further education

Flexible withdrawals

  • Flexible contributions – Lifelong allows you to determine how much you contribute, how often you contribute, and when you receive your benefit payments 

  • Supports full-time and part-time studies – Lifelong covers flexible study options anywhere in the world

  • Use for further education – covers university, polytechnic, vocational courses and apprenticeships 
  • Flexible withdrawals – choose when you’d like your contributions to be returned to you 

To find the PDS specific to your investment, please search for Australian Scholarships Group on the New Zealand Disclose Register at https://disclose-register.companiesoffice.govt.nz/

Over the past 25 years, ASG has played a key role in supporting New Zealand families plan and save for the cost of education.  Over this time, we have supported the education journey of many New Zealand families and we currently have over 10,000 children enrolled in our New Zealand scholarship plans.

ASG has enjoyed supporting New Zealand families for many years, however given the growing cost of marketing and distributing our products and after a comprehensive review of our operations, we have made the decision to discontinue distributing our scholarship plans to the New Zealand market.  As such, we will not be accepting any new members in our New Zealand scholarship plans.  Importantly, we will continue to support you and all our existing New Zealand members and we do not foresee any impact on your benefit entitlements, or other rights, as current members of our funds.  There is no change to your ability to contribute to current funds and ASG will continue to provide ongoing service and support to assist you through our Customer Care Centre, that supports both our Australian and New Zealand members.  The only change is that new and existing members will not be able enrol in any further New Zealand scholarship plans.

ASG is in a sound financial position and this decision will assist in ensuring that ASG maintains that healthy position into the future. 

We thank you for your continued support and we look forward to supporting your family’s education journey and honouring our obligations under the New Zealand scholarship plans for many years to come.

If you have any questions in relation to this announcement, then please do not hesitate to contact our Customer Care team on (09) 366 7670 or customercare@asg.com.au.