Terms & Default Clause

Homepage payment plan

The homepage checkout charges 30% of the school fee upfront. Total repayable is the school fee plus a one-time 11% onboarding charge; the upfront payment is deducted from that total, and the remaining balance is split into two monthly payments rounded to the nearest naira. The default rules below apply only on default, not as extra regular charges.

1. Parents

• A 30% onboarding payment is required to qualify.
• The homepage plan has two monthly repayments. The separate fee-loan application agreement describes a 3-school-term plan.
• On default, a surcharge of 1% per term applies.
• After a full 3-term default, only the original balance is recoverable.

2. Bursars & schools (Authorizers)

• Bursar commission is reduced by 25% on a parent default.
• On a 3-term parent default, the school retains the original payment only.
• A 3% platform charge is deducted from every school fee, whether or not the school has Ministry approval. Example: on ₦100,000, the charge is ₦3,000 and the net school payout is ₦97,000.
• Payout processing starts within 48–72 hours of school registration and receipt verification.
• Schools with State Ministry of Education approval (current year) receive 100% of the net payout within 5 working days of registration.
• Schools without current-year Ministry approval receive 50% of the net payout within 48–72 hours (e.g. ₦48,500) and the remaining 50% four weeks (28 days) later (e.g. ₦48,500).
• If the school defaults, a 1% surcharge per academic year applies.

3. Acceptance

Ticking the agreement box records your acceptance with a date and time.

4. Contact

Beyond Profit Limited (RC 9219862), Lagos, Nigeria · support@beyondskools.com · 0800 BEYONDSKOOL