Student Education Trusts (SETs) is a money management service that assists parents to support their child's education and development from birth to graduation. Through responsible income management, parents make regular contributions to their child's trust account which they are then able to use to meet education-related expenses.
Student Education Trusts help build parental responsibility by setting expectations of parents and schools to increase parental value of, and commitment to, education. The SETs service also works with education and child development service providers to help families identify appropriate expectations of a child's needs, as well as working with education suppliers to improve family access to high quality educational goods and services.
The Family Income Management (FIM) project promotes Student Education Trusts and signs up families in the Welfare Reform communities.