You can take a look at this article and use the tables to help you plan your finances (the figures in the tables for cost of the universities are outdated so you will need to put in the updated figures when calculating): http://www.moneysense.gov.sg/Financial-Planning/Guides-and-Articles/It-Pays-To-Plan-Ahead-For-Your-Children-Education.aspx The article also provides a brief description of different financial products you can consider. Hope this helps! :)
Wow!!! Great mummy! U are already planning to save $$. You may wish to invest in those investment linked policy where you can get higher returns with insurance coverage. I bought these plans for all my 4 kids. Minimum I'm setting aside about $300 a month but I think it may not be enough.
You can consider getting those saving investment plans! Some of them have the years bonding. So you can calculate the number of years. by the time the plan is matured. The money can be used for her university fees