School Fees Loan
Invest in Education Without Financial Stress
WDPCCU’s School Fees Loan helps parents and students cover tuition, books, and other academic expenses with flexible repayment terms aligned with the academic calendar.
Key Benefits:
✅ Low 10% Interest Rate – Affordable for families
✅ School-Term Repayment – Matches semester breaks
✅ Quick Approval – Within 24-48 hours
✅ Covers All Levels – Primary to University
✅ No Collateral – Uses your savings history
Loan Details
1. Loan Coverage
✔ Tuition fees
✔ Accommodation/hostel fees
✔ Textbooks & supplies
✔ Examination fees
✔ Laptop/tablet purchases
2. Loan Terms
| Amount | ¢1,000 – ¢50,000 |
| Repayment | 3–24 months (aligned with school terms) |
| Grace Period | Up to 6 months (until internship starts) |
| Disbursement | Direct to school account or parent’s mobile money |
3. Eligibility
✔ Active member for 6+ months
✔ Child’s admission letter
✔ Fee structure from school
✔ Proof of income (payslip/business records)
Why Choose WDPCU?
📚 Education-Focused: Designed by parents for parents
💵 Better Rates: 10% vs banks’ 15-25%
🗓️ Smart Repayment: Pauses during school vacations
📈 Builds Credit: Qualify for higher loans next term
Comparison:
| WDPCU | Bank Loans | Mobile Loans | |
|---|---|---|---|
| Interest | 10% | 15-25% | 30-100% |
| Grace Period | 6 months | None | 1 month |
| School Payments | Direct transfer | Cash only | Cash only |
Plan Ahead with Education Savings
💡 Combine with:
- Youth Savings Account (Earn 6% interest)
- Special Savings (“Education Fund” goal account)
How to Apply
1. Pre-Application
📱 Check Eligibility
📅 Best Timing: Apply 2-4 weeks before term starts
2. Submit Documents
- Child’s admission letter
- School fee invoice
- Parent/guardian Ghana Card
- Recent passport photo
3. Receive Funds
🏫 Direct to school account (recommended)
📱 Parent’s mobile wallet
💳 WDPCU account deposit
*(We partner with 50+ Ghanaian schools for seamless payments)*