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Private school fees finance

School fee finance can make the cost of education more manageable for parents and guardians, supporting your existing cohort and encouraging new families to apply.

We know parents want to invest in and maintain their child’s quality education. But, with increasing demands on their finances, finding the money to pay for school fees upfront can be a challenge. Allow parents to pay in monthly instalments instead. They can finance funds for the full academic year through finance or spread the cost of one term over longer – perfect for parents wanting to save their cash for holiday seasons.

Though parents will spread the cost of their child’s school fees, you’ll receive the funds in full. This helps to improve your cash flow so you can further invest in your facilities. Ready to introduce better ways to pay at your school?

About our best-in-class school fee finance

  • Offer finance without needing to seek FCA authorisation

  • No recourse - if a parent fails to pay back their school fee loan, we will not recall the money from you

  • Support your team and reduce administrative expenses associated with collections

  • Showcase support for parents during a challenging time, with a change in VAT exemption for school fees potentially on the horizon

  • No set-up charges, annual fees or ongoing costs

  • Choose between interest free finance or a potentially cost-neutral interest bearing option

  • Parents can fund termly or annually, spreading the cost over 6, 10 or 12 fixed-rate monthly instalments

  • Offer the option to finance the final term’s fees over up to 12 months, keeping more money in parents’ pockets for the all-important summer holidays

The benefits of partnering with Novuna

  • Covers all types of education fees, including day tuition and boarding fees from pre-prep to sixth form
  • Ideally suited to busy parents. They can apply directly on our online platform 24/7 and get an instant decision
  • Flexible finance options to support parents. They can fund termly or annually depending on how they prefer to manage their budget
  • No deposit or collateral required from parents
  • Retain your current cohort of students, particularly if their parents’ financial circumstances have changed
  • Attract new students by making fees more accessible
  • Improve cash flow. When a parent successfully applies for finance, you’ll receive their school fees in full from us within 5 working days
  • We collect parents’ monthly repayments, so there’s no admin for you to consider
Student in a blue blazer raising her hand in the classroom
8Independent school tuition fees cost on average £18,000* each year – help parents spread the cost and improve your school’s cash flow today.
*According to the latest figures from Statista

We make it easy for parents to apply for finance

Parent applies for finance online

A parent clicks on a link taking them directly to our online application portal. Our application takes just a few minutes to complete.

They get an instant lending decision

No waiting around. If accepted, parent e-signs and confirms their Direct Debit. They’ll receive a welcome email and repayments start after 30 days.

You receive the payment in full

You’ll be notified when a parent e-signs their agreement and will receive the full sum of their school fees within 5 working days.

Start offering school fee finance

If you would like to enquire about becoming one of our partner schools, please complete the short form and one of our team will get back to you within three business days.

Customer helpline

If you're a customer looking to speak to someone about your existing golf membership finance, retail finance or personal loan agreement, call our Customer Helpline:

0344 375 5500

Customer Helpline opening hours:
09:00 - 17:00 Monday to Friday
Closed Weekends & Bank Holidays