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Student Savings

Children’s ‘Save for the future’ Program

The LLL encourages Lutheran students to develop regular saving habits which can be maintained throughout their lives. It is also a good way of introducing the LLL to parents, so that the school can then benefit from low interest loans through the matching deposit program.

We credit a child subsidy into every new child account opened. The LLL also pays an annual “subsidy” to schools to help cover costs incurred by the schools in operating this facility. The LLL School Portal has been developed to assist with processing these deposits.