School Fees Loan
The School Fees Loan is designed to make school payments easier and more flexible for parents and guardians. Customers can apply through the AccionMonie app, upload valid invoices for one or multiple schools (up to three), and receive direct disbursement into the schools’ accounts once approved.
Interest is 5%, and customers can repay within a flexible period of 1 to 4 months. Early repayment is allowed with interest charged only for days used. The loan cannot be used for any other purpose besides school fees.
The School Fees Loan is designed to make school payments easier and more flexible for parents and guardians. Customers can apply through the AccionMonie app, upload valid invoices for one or multiple schools (up to three), and receive direct disbursement into the schools’ accounts once approved.
Interest is 5%, and customers can repay within a flexible period of 1 to 4 months. Early repayment is allowed with interest charged only for days used. The loan cannot be used for any other purpose besides school fees.
From ₦50K to ₦500K | 1–4 months | 5% interest | Valid school invoice required
Download the AccionMonie App via Play Store / Apple Store.
Download the AccionMonie App via Play Store / Apple Store.
FAQs
What is the minimum and maximum loan amount I can apply for?
What is the minimum and maximum loan amount I can apply for?
What is the minimum and maximum loan amount I can apply for?
What is the credit assessment process?
What is the credit assessment process?
What is the credit assessment process?
What if my children are in different schools; Can I still apply for the School fees loan?
What if my children are in different schools; Can I still apply for the School fees loan?
What if my children are in different schools; Can I still apply for the School fees loan?
What is the minimum and maximum tenure for the loan?
What is the minimum and maximum tenure for the loan?
What is the minimum and maximum tenure for the loan?
What is the interest rate for the School Fees loan?
What is the interest rate for the School Fees loan?
What is the interest rate for the School Fees loan?
What makes me eligible to apply for the School Fees loan?
What makes me eligible to apply for the School Fees loan?
What makes me eligible to apply for the School Fees loan?
What information do I need to provide during the application process?
What information do I need to provide during the application process?
What information do I need to provide during the application process?
Do I need to have a SaveBrighta account to apply for the loan?
Do I need to have a SaveBrighta account to apply for the loan?
Do I need to have a SaveBrighta account to apply for the loan?
Can I pay up the full loan amount before the due date?
Can I pay up the full loan amount before the due date?
Can I pay up the full loan amount before the due date?
What happens if I miss a loan repayment?
What happens if I miss a loan repayment?
What happens if I miss a loan repayment?
Is there an option to extend the loan tenure?
Is there an option to extend the loan tenure?
Is there an option to extend the loan tenure?
How long does the application process take?
How long does the application process take?
How long does the application process take?
What happens after I submit my application?
What happens after I submit my application?
What happens after I submit my application?
Do I need collateral?
Do I need collateral?
Do I need collateral?
Can I track the status of my application?
Can I track the status of my application?
Can I track the status of my application?
What is Delinquency Fee?
What is Delinquency Fee?
What is Delinquency Fee?
Can I pay the loan before the due date?
Can I pay the loan before the due date?
Can I pay the loan before the due date?
How do I check my loan balance and payment date?
How do I check my loan balance and payment date?
How do I check my loan balance and payment date?
How is the loan repayment done?
How is the loan repayment done?
How is the loan repayment done?
Can I use this loan for other purposes apart from school fees?
Can I use this loan for other purposes apart from school fees?
Can I use this loan for other purposes apart from school fees?
How can I contact customer support for assistance?
How can I contact customer support for assistance?
How can I contact customer support for assistance?
Notice
All interest rates are subject to MPR (Monetary Policy Rate).
Notice
All interest rates are subject to MPR (Monetary Policy Rate).