Prady Cooperative Suite

School Fees Loan

Keep your children in school without financial stress. Dedicated education financing for parents and guardians.

Students in classroom representing education investment

Who Is This For?

Designed for members with different goals and life stages.

Parents

Primary & secondary fees

Teachers

Education sector members

Guardians

Supporting dependents

Youth Sponsors

Supporting siblings' education

SME Owners

Funding children's school fees

Members

Eligible SACCO members

Key Benefits

Why members choose this product.

Education Focus

Purpose-built for tuition and school costs

Affordable Rates

Lower than informal education lenders

Term Alignment

Repayment synced to school calendar

Fast Approval

Ready before term opening

Direct Payment

May pay school directly on request

Member Support

Guidance through the application

Requirements

What you need before you apply.

Eligibility

  • Active SACCO membership
  • Child enrolled in recognised school
  • Repayment capacity demonstrated

Documents

  • Loan application form
  • School fees structure or invoice
  • Student admission letter
  • National ID

Minimum Contribution

  • Savings account in good standing
  • Share capital up to date

Guarantors

  • One qualifying member guarantor
  • Guarantor within exposure limits

School fees sorted — apply before term opens

How It Works

A clear step-by-step journey from start to finish.

1 Apply
2 Verification
3 Approval
4 Processing
5 Disbursement
6 Repayment

Product Features

Rates, terms, and rules at a glance.

Feature Detail
Interest Rate Education-friendly member rate
Loan Term Aligned to school term (3–12 months)
Maximum Limit Per fees structure & eligibility
Disbursement Member account or school direct
Repayment Monthly instalments
Early Repayment Allowed anytime
Processing Fee Disclosed upfront
Multiple Children Separate applications per child

* Rates and terms are indicative. Final terms confirmed at application.

Frequently Asked Questions

Answers to common questions about School Fees Loan.

Yes. On request, disbursement may be made directly to the school account with proper documentation.

Primary, secondary, college, and university fees at recognised institutions.

Apply at least two weeks before term opening for timely disbursement.

Yes. Submit separate applications for each child with respective fee structures.

Typically one qualifying SACCO member guarantor is required.

Yes, if included in the official school fees structure or invoice.

Notify member services with the new school's fees structure for adjustment.

Special education sector promotions may apply during campaigns. Check current notices.

Monthly instalments over the school term or agreed period matching your income.

Yes, subject to good repayment history and current eligibility.

Invest in your child's education today

Apply for a school fees loan and keep learning on track.