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Support parents with smarter school fee finance

School Children Running

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?

Get in touch

What makes Novuna the smart choice for school fee finance?

  • Quick and easy set up - start offering the chance to spread the cost in as little as two weeks

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

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

  • No FCA authorisation required, removing regulatory risk from your operations

  • No credit risk to your school in event of non-payment - we don't recall the money from you

  • Improved cashflow with upfront pay out. No waiting, no instalments

  • Choose best option for your school - interest free finance or a potentially cost-neutral interest bearing option

  • Simple, transparent agreements, with fixed-terms giving the ultimate clarity and confidence

Independent 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

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 Class With Hand Up Portrait

Want to help families plan and fund the journey?

We are proud to be working in partnership with Sencillo, the UK's first family finance marketplace.

Within their cutting-edge platform, schools can offer parents a unified, compliant and user-friendly finance experience.

                 

The Sencillo platform provides:

  • Built-in cost planning instantly shows parents personalised, affordable repayment options

  • No additional costs to schools or parents. No IT integration needed. Sencillo manages it all

  • Sencillo acts as an Appointed Representative, enabling all schools to promote finance compliantly

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 school fee 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