State payment program for your children’s future education
Funds are credited annually to a savings account with JSC UAPF.
The payment is transferred to a special account called the National Fund
for Children upon reaching the age of 18 to Kazakhstani citizens who were born in 2006 or later
Unutilized funds are to be returned to JSC UAPF.
The special account is not subject to taxation, seizure, or other restrictions.
Children who have lost their Kazakhstani citizenship are removed from the program, and their share is to be distributed among other participants.
Starting from 2024, Kazakhstani citizens born in 2006 and later receive payments from the National Fund. 50% of the Fund’s revenue earned over the last 18 years is distributed among the program participants.
You can apply via the bcc.kz app or at the Bank branch. If the documents are submitted by a legal representative (e.g. a guardian), you need to approach to the branch with supporting documents. You need to specify the purpose of payment in your application, and sign documents using an EDS.
The amount is calculated by the National Bank. It is the same for everyone and is credited to an account with the Unified Accumulative Pension Fund in US dollars. You can find out the amount in your personal area on enpf.kz.
The funds can be used to pay for education in Kazakhstan or abroad, or to top up an educational deposit. To pay for your studies, you need to visit the Bank branch, and you can top up your deposit in the bcc.kz app.
It depends on the purpose: to pay for education in Kazakhstan, you need an agreement concluded with the educational institution and a payment document. To pay for foreign education, you need an agreement, confirmation of enrolment and a payment document. As for the educational deposit, everything can be done online, no documents are required.
45 business days from the date when money is credited. If you fail to utilize funds within this period of time, the money will be returned to the UAPF.
If a person loses their Kazakhstani citizenship, they lose their right to payment, and their funds are redistributed among other participants.
No, targeted savings are not subject to tax and cannot be seized or otherwise restricted.