Education funds can be deposited not only in public accounts, but also in personal accounts. Education savings are registered in real-name registration system. When opening an account, the depositor needs to hold his/her (student's) household registration book or ID card to open a deposit account in the name of the depositor (student).

Education fund refers to a financial management way to save education expenses for children by investing in fixed investment funds, bank deposits and education savings, and education insurance of insurance companies.