Tier A · Current-year Ministry approval
100% of the net payout
Within 5 working days of registration and authorization. Processing starts within 48–72 hours.
₦97,000 in one net payment

For schools · Proprietors & bursars
Give families room to repay while your school receives the covered tuition, less a clear 3% platform charge.
For private-school proprietors and bursars in Lagos and across Nigeria: verify your school, authorize each learner’s fees, and follow every payout in one school portal.
97% net tuition · Verified school accounts
Clear settlement terms
On ₦100,000 in tuition, the platform charge is ₦3,000 and the school receives ₦97,000. Payout timing depends on verified current-year Ministry approval and the school’s eligibility.
Tier A · Current-year Ministry approval
Within 5 working days of registration and authorization. Processing starts within 48–72 hours.
₦97,000 in one net payment
Tier B · Without current-year Ministry approval
Half of the net payout within 48–72 hours; the remaining half 4 weeks (28 days) later.
₦48,500 + ₦48,500
Newly enrolled schools have a ₦100,000,000 cumulative net payout ceiling in their first enrollment term. Requests reserve capacity across all students and tranches. Portfolio default rules can change a school’s tier or pause payouts. Read all school terms.
A child covered for the term must not be excluded from class, exams or school activities because of a parent’s repayments. The school treats the covered term as fully paid. Read the child protection policy.
School registration
Find your school or submit its details. Select your state and LGA, provide your association membership, and upload the documents needed for verification.
One portal for your team
Once approved and linked, the school owner and authorized bursars use the same school portal to review student loan records, authorize tuition, submit eligible installments and see the transfer ledger.
The bursar earns 10% of the 3% platform pool: ₦150 on a ₦50,000 tuition fee. Commission accrues across the term and settles once at term-end to the bursar’s personal verified account—not the school’s tuition account. A parent default reduces that commission by 25%.
Proprietors can add bursar staff to the school’s dashboard. Each staff member signs in using their own linked contact details.
Open the school portalThe covered term is treated as fully paid for the child. The school receives 97% of gross tuition after the 3% platform charge, according to its payout tier.
The bank selector includes supported fintechs such as OPay, Moniepoint, PalmPay and Kuda alongside commercial banks. Account details must pass verification before payment.
Sign in to the School & Bursar Portal with your linked account. Open Disbursements, history & commission to see payout requests, scheduled and completed transfers, and recorded bursar commissions.
No. The school may politely remind parents and, in the worst case, hold the end-of-term result. Covered children must not be sent home. The school’s 1% annual default surcharge applies only if the school itself breaches the terms, not because a parent pays late.