Frequently Asked Questions
Have questions? We have answers!
A: Fee Plan is a school fees payment service that gives parents an option to match their lump sum payments for school fees against their monthly income. Fee Plan makes the lump sum school fees payment on your behalf and you simply repay Fee Plan through easy monthly installments.
A: Fee Plan is not a Deposit Taking organization. We don’t take deposits. We only pay fees on behalf of our clients
A: We don’t charge an interest rather we have a service fee that is payable on the amount of fees we pay and the fee changes depending on the length of the plan
A: Service fee is calculated on a reducing balance per month.
A: Facilities are approved within 72 hours subject to you meeting all our requirements
A: A parent or self-sponsored student provided their school is registered with us.
A: No, our facilities are unsecured.
A: The duration of the facility depends on the instalment plan and can range from 2 months to 12 months.
A: The amount is dependent on the fee invoice and affordability
A: We make payment directly to the nominated learning institution for whose fees the facility was applied for.
A: There’s no question that a quality education will open doors for our children. However, it’s easy to overlook the total cost of education. These costs can add up quickly and put significant pressure on a family’s budget. For this reason, it’s important to plan ahead. Fee Plan’s school fees payment service gives parents a simple and effective way to prepare for the costs of education and give their children the best chance to achieve their education goals.