education of some 5,000 Bermudians in its 25-year history has opened an office in Hong Kong.

Heritage International Scholarship Trust Foundation (HISTF), a non-profit organisation which began doing business in Bermuda in 1969, also has offices in the Bahamas and Israel.

The Foundation has children from 32 different countries on its books, who will attend post-secondary education facilities all over the world.

Its clients typically enrol their children at a young age and pay regular instalments into a trust operated through the Bank of Butterfield, said HISTF's president, Mr. George E. McQuat.

"By pooling their money and investing it all together we are able to get a higher rate of return,'' he said. "We only invest it in Government-guaranteed securities so the speculative element of investing is taken out.

"When they child reaches 18 every penny of the money put into the fund for them is returned to pay for the first year of their post-secondary educations.

"The interest which has accrued is then pooled and will pay for the second, third and fourth years of their post-secondary education.'' Mr. McQuat added: "In the technological world of tomorrow, many of the children who are starting their education now will live and go to jobs which are not even invented yet.

"Without a post-secondary education, these people will have a very difficult time fitting into the society of tomorrow. At the same time, people are realising that they can't look to government to provide that post-secondary education. They must fund it themselves.

"That's what Heritage International Scholarship Trust Foundation is all about -- helping people to help themselves.'' HISTF has recently moved into bigger offices at its location in the Rego Furniture building, at 75, Reid Street, Hamilton.

Mr. McQuat said: "We're currently enrolling 174 percent more children this year than we did last year.'' While in Bermuda, the Ontario-based businessman is also chairing a meeting of the Heritage Advisory Board-Bermuda, whose members include Ms Eloise Furbert, Ms Audrey Brackstone, Mr. Michael Foulger, Mr. Wayne Jackson, the Rev. Vernon Lambe, Mr. Calvin Smith, Mr. Michael Mello and Ms Charlotte Ming.

FROM CHILD TO COLLEGIAN -- Helping to finance a young person's college costs are (left to right) Mr. Winston J.R. Jones, HISTF's enrolment director in Bermuda; Mr. George E. McQuat, President of HISTF and Mr. Charles H. Jeffers, HISTF's director of agencies.