Get School Fees Sorted in 3 Simple Steps.
No office visits. No guarantors. No endless paperwork. Just a simple, transparent process.
The
Process
From application to classroom in three simple, transparent steps.
Submit Your Application
5 minutes is all it takes
- Fill out a short form with your details and your child's school information
- Enter the fee amount you need financed (up to ₦500,000 for new customers)
- Provide your BVN for identity and banking history verification
- No physical documents or office visits required
Get Approved
Usually within 24 hours
- Our team reviews your application and verifies your eligibility
- We assess your banking history and repayment capacity
- Approval confirmation is sent via WhatsApp or email — most happen same day
- Choose your preferred repayment plan: 3, 4, or 6 months
Fees Paid, Child in School
Direct to the school, day one
- TermFund pays the full school fees directly to the school bursar
- Your child is enrolled immediately on resumption day
- You receive a clear repayment schedule with exact dates and amounts
- Monthly payments are automatically debited — no manual transfers needed
Why TermFund
What Makes Us Different
Traditional school fee loans come with collateral demands, guarantors, and hidden charges. We do none of that.
No Collateral
We don't ask for your car papers, land documents, or any physical asset.
No Guarantor
You don't need someone to vouch for you. Your banking history speaks for itself.
Flat Service Fee
One transparent fee based on your plan. No monthly interest. No compounding.
100% Digital
Apply from your phone. Get approved via WhatsApp or email. Repay automatically.
Licensed & Registered
TermFund operates with full regulatory compliance to ensure your peace of mind and data security.
No Guesswork. Just Clear Numbers.
Type in the exact amount you need for your child's school fees. Our calculator instantly processes your request with zero hidden charges.
Select a repayment timeline that works best for your family. Whether you choose to spread payments over 3, 4, or 6 months, our service fee is a flat rate applied only once.
Review your transparent payment breakdown. You'll see your exact monthly commitment before you even apply. When you're ready, simply click the bottom button to proceed.
Frequently Asked Questions
Everything you need to know about how TermFund works and how we support your child's education.