The scheme encourages members to save on a monthly basis in order to meet school fees and other financial obligations from time to time

Savings to this account is voluntary and withdrawals can be made at will

An attractive interest rate is paid for non-withdrawals at the end of each financial year

Contributions to this account can either be made through check-off or direct debit via FOSA savings account

Refunds are processed at the end of the year together with interest earned