Making Sense of Borrowing To Pay School Fees
Uganda’s education system dictates that tuition fees are paid at the start of every term of three months, or in a lump sum, for the full year. The opening days of school therefore often turn out to be very stressful for parents, and head teachers too, due to the financial challenges with these terms of payment, only 30% of children have their fees cleared on day-one of the school term.
DTB Uganda & Furaha Finserve Uganda Limited, have signed a deal aimed at easing the burden of school fees for families across the country.
The collaboration introduces the DTB–Furaha School Fees Loan, a digital financing solution that gives parents timely and affordable access to school fees, helping children stay in school and complete their education.
New school fees loan scheme launched for struggling families
