The Heritage International Scholarship Trust Plan is a cooperative education savings plan established for the purpose of helping parents (or other sponsors) save towards the ever-increasing cost of a post-secondary education.
Since its inception in 1983, the Founda - tion has paid out over $US 138.4 million in savings and Educational Assistance Payments (Scholarships) as at December 31, 2015.
The Heritage Plan is a time-defined, goal directed, disciplined education savings program for parents, grandparents and other sponsors who contribute on behalf of chil - dren.