Setting up a trust can be another way of providing for your child's education. The downside is that they can be expensive to set up and manage, and are therefore only really suitable for people making large investments for their children.
Another option is to investigate the school composition fee schemes which some public schools offer.
Parents can be liable for tax on gifts of over £100 to any child under 18. Grandparents, however, are not and their contribution can be a welcome boost to the child's education, as well as being a tax-efficient one. If a grandparent wishes to contribute a larger amount of money to a grandchild's education, it may be a better idea to investigate setting up a trust.
Remember that your child is likely to be in full-time education for a minimum of 10 years, regardless of whether he or she decides to go to university, so he sooner you start saving the better.
