Investing in your child’s future through overseas education

More Filipino families are sending their children overseas in pursuit of education they believe will open doors to opportunities beyond what is available locally. Classrooms thousands of miles away have become the setting where students not only earn diplomas but also gain exposure to new cultures and ideas that shape their future.

Figures from the International Development Program (IDP) Philippines shows that about 53,000 Filipinos are currently studying abroad. The number is projected to rise by 8 to 10% each year.

Why families choose international education

The attraction to overseas schools often starts with the reputation of globally recognized universities. Many Filipino parents associate these institutions with high academic standards and a network that stretches worldwide.

International campuses are also known for exposing students to diverse teaching methods, collaborative activities, and even internships that test their independence and adaptability. These opportunities encourage skills that are harder to measure, such as flexibility, problem-solving, and awareness of cultural differences.

Beyond academics

Overseas education is not limited to lectures and books. Students live in environments where they must adapt to new languages, customs, and perspectives. Such exposure shapes their worldview and helps them form networks that stretch far beyond national borders.

Secondary and exchange program alumni of American Institute for Foreign Study Foundation for Academic Year in America have reported improvements in communication, confidence, and leadership skills. Many said the experience directly influenced their career decisions. Surveys also show that international students are more likely to succeed in job applications, with many crediting their overseas training as the edge that sets them apart from other applicants.

What it takes to study abroad

Sending children abroad for education often begins as a family conversation at the dining table. Parents talk about opportunities, the promise of international classrooms, and the possibility of securing better futures. However, the process demands patience and steady planning that may take years before a child boards the plane.

Preparing children for independence

Living abroad is more than attending lectures and passing exams. Children need to learn how to function without the daily guidance of their parents. Independence becomes the foundation of this experience.

Adjusting to a foreign culture, coping with language barriers, and forming new friendships also test a child’s resilience. Parents who encourage a child’s independence early often see them adjust faster once they leave home.

Building a strong academic profile

Before setting foot in a foreign classroom, students must build an academic record that meets international standards. Language proficiency exams like International English Language Testing System (IELTS) or Test of English as a Foreign Language (TOEFL), along with internationally recognized tests, are often required to secure admissions.

A good report card remains important, but schools also look at extracurricular activities and leadership experiences.

Managing the application process

Applications to international schools come with strict timelines and detailed requirements. Parents who wait until the last moment risk losing opportunities, as many programs close applications months before classes begin.

Some families turn to education consultants to guide them through the process. These professionals provide advice on meeting requirements and managing paperwork. However, the responsibility still lies with families to prepare early and meet deadlines.

Financial planning as a foundation

Perhaps the most significant element in sending children abroad is financial preparation. Tuition fees, living expenses, travel, and other costs can be substantial. Many families establish education funds or invest in long-term financial products to build stability for years of study.

Consulting with financial managers or bank advisors to help parents financially prepare and choose the right strategies to sustain their children’s academic journey abroad.

Education as long-term investment

Sending children abroad for education is more than a ticket to study in another country. It is a long-term investment in personal growth and career opportunities. While the destination may offer world-class universities, the real preparation begins at home.

(Editor’s Note: This article is part of a special collaboration between Metrobank and BusinessWorld. Our aim is to explore the facets of living well for Wealth Insights readers, who value the finer things in life. From discerning choices in cars, dining, and travel to appreciating exquisite jewelry and, ultimately, the journey toward building a legacy.)