Need to "lose" £25K

[Tim-D]

Have a small dilemma looming - my dear offspring hits 18 in a couple of months and intent is to go to uni in September...

At birth his amazing grandparents started putting a few quid away each month for him via a tax efficient method for them which has grown very nicely indeed and has a substantial value....

Problem being that a) sprog is certainly not mature enough to receive that kind of lump sum without buying up everything on amazon or decamping to the pub for months.... and b) the impact of having that kind of assets in the figurative "bank" when becoming a student would I fear leading to it being significantly diminished or god forbid wiped out....

Both of my parents are not exactly in the greatest of health so they don't want to retain this sum in case something should happen to them whilst in possession.....

Obviously I'll be taking some financial advice on behalf of here, but.... in the interim - has anyone got any bright ideas (other than hookers & coke :-) ) that I should be considering in the interim......?????

Cheers all....

[Tim-D]

Thanks chaps - although I know paying his fees would be the obvious position I'm coming from the angle of the old folks intent here - which was to give him a start towards getting a place of his own, and also my own experience that it's much easier to have an intact sum when the time comes rather than having to save for years...

Not wishing to be a total killjoy on him - he can have a grand or two to fritter away /enjoy a bit but I don't want him knowing, as a student, exactly how much is left as he'll come to rely on it being there with potentially skint results in a few years......

I've seperate plans of my own in train to pay off a chunk of his student debt - not all as, and it sounds awful, I want him to enjoy the experience but not too much and learn the life lessons needed.....