Education Financing

School Fees Loans — keep every term paid, on time

Two short-term loans built around the school calendar — affordable, reducing-balance interest and repayment terms so tuition never interrupts learning.

Compare at a Glance

School Fees Loan3× deposits
Super School Fees Loan2× deposits, max KSh 60,000
Interest Rate1%–3% / month, reducing
Repayment Period4–6 months
SecurityGuarantorship
MembershipInstant
Instant Membership
Guarantorship Security
Reducing Balance Interest
Up to 3× Deposits
Fast, Controlled Disbursement
All Members Eligible
Instant Membership
Guarantorship Security
Reducing Balance Interest
Up to 3× Deposits
Fast, Controlled Disbursement
All Members Eligible
2
Loan options to choose from
Maximum deposit multiplier
1%
From, monthly, reducing balance
Instant
Access upon membership
Why Members Choose Us

A school fees loan built for the academic calendar

Missing a school fees deadline shouldn't derail a child's term. Username Sacco's school fees loans close the gap between when fees are due and when funds are available — with instant eligibility on membership, guarantorship-based security, and interest calculated on a reducing balance so members only pay for what they still owe.

Whether it's routine termly tuition or an urgent, time-sensitive fees deadline, there's a product matched to the timeline: the standard School Fees Loan for planned school expenses, or the Super School Fees Loan for fast, controlled disbursement direct to the learning institution when time is short.

School Fees Loan Super School Fees Loan Guarantorship Secured Instant Membership
Eligibility

Who can apply for a school fees loan?

Three simple conditions determine your eligibility for either product.

Active Membership

You hold an active Username Sacco membership account, available instantly upon joining.

Guarantor in Place

Both loans are secured through guarantorship from fellow members.

Clear Education Need

Funds are intended for tuition and related school expenses for yourself or your dependents.

Details

Loan terms, side by side

Compare the School Fees Loan and the Super School Fees Loan to find the right fit for your timeline.

Loan Multiplier

Borrow up to 3 times your member deposit savings.

Repayment Period

Repay comfortably over a 6-month term.

Membership Requirement

Available instantly upon membership — no waiting period.

Interest Rate

1% per month, calculated on a reducing balance.

Target Group

Open to all Username Sacco members.

Security

Secured through guarantorship from fellow members.

Loan Multiplier

Borrow up to 2 times your deposits, capped at KSh 60,000.

Repayment Period

Repay over a shorter 4-month term.

Membership Requirement

Available instantly upon membership — no waiting period.

Interest Rate

3% per month, calculated on a reducing balance.

Target Group

Open to all Username Sacco members.

Fast Disbursement

Quick, controlled payout direct to the learning institution.

How It Works

Get your school fees loan in 3 simple steps

Join the Sacco

Become a member — access to both loan products is instant.

Choose Your Loan

Pick the School Fees Loan for planned tuition, or the Super School Fees Loan for an urgent deadline.

Get Funded

With a guarantor in place, funds are disbursed and repaid over your chosen term.

FAQs

School fees loan questions, answered

It's a short-term loan that lets members borrow up to three times their deposits to cover tuition and other education expenses, repayable over 6 months at 1% per month on a reducing balance.
It offers up to two times deposits, capped at KSh 60,000, a 4-month repayment period, and quick, controlled disbursement paid directly to the learning institution.
No. Both loans are available instantly upon membership, so new members can apply as soon as they join.
Both the School Fees Loan and the Super School Fees Loan are secured through guarantorship from fellow members.
Interest is charged on a reducing balance — 1% per month for the School Fees Loan and 3% per month for the Super School Fees Loan.

Ready to secure your child's next term?

Join Username Sacco today or speak to an advisor about which school fees loan fits your timeline.