Flexible secured loan for school fees

Imagine a financing option that significantly reduces the pain of making annual tuition fee payments and spreads the cost over up to 30 years.
  • Credit limits from £25,000 to £1,000,000
  • Up to 5 year 'flexible period' so you can gradually draw funds as they are due each term

Welcome to the flexible secured loan for school fees...

Monthly repayments are calculated on the funds drawn so you only pay interest for what you use. At the end of year 5 the outstanding balance converts into a standard term loan and there are no additional fees if you repay early.
How it works
  1. Get approved with your credit limit
  2. Draw funds for first tuition fee payment
  3. Re-draw funds as and when needed
  4. Monthly repayments calculated on the funds outstanding
1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 £0k £90k Year * * * * * * * * * * * * * * * At the end of year 5: The outstanding balance reverts onto a standard term loan £5k £19k £33k £46k £57k Funds Drawn Available Funds Residual loan * FlexiLoan credit limit
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School Fees Illustration - 25 year term

Home FlexiLoan Terms
Credit Limit £90,000
Interest Rate 3.95%
Term 25 years
Including 5 year FlexiLoan period
School Fee Term
Fee per Term £5,000
Assumption
Note: actual schedules may differ
Fees for terms 1, 2 and 3 paid in Sept, Dec and Mar
School
year
Term Fee Payable Fee FlexiLoan Balance Monthly
repayment
1 September '21Sept '21 £5,000 £5,000 £26
1 2 December '21Dec '21 £5,000 £9,971 £53
3 March '22Mar '22 £5,000 £14,911 £79
1 September '22Sept '22 £5,000 £19,728 £106
2 2 December '22Dec '22 £5,000 £24,604 £133
3 March '23Mar '23 £5,000 £29,447 £160
1 September '23Sept '23 £5,000 £34,063 £188
3 2 December '23Dec '23 £5,000 £38,835 £216
3 March '24Mar '24 £5,000 £43,570 £244
1 September '24Sept '24 £5,000 £47,962 £272
4 2 December '24Dec '24 £5,000 £52,618 £301
3 March '25Mar '25 £5,000 £57,234 £330
1 September '25Sept '25 £5,000 £61,380 £359
5 2 December '25Dec '25 £5,000 £65,909 £388
3 March '26Mar '26 £5,000 £70,393 £418

Rated 5 stars from hundreds of happy customers

From the first phone call to receiving the actual loan, it was all done very smoothly
Henry, Preston

A few of the awards we've won

We have won over 30 awards in just the past 5 years alone, reflecting our commitment to excellent customer service.
SEI awards logo
Winners 2019
Moneyfacts awards logo
Secured Loan Broker of the Year
The Personal Finance Awards logo
Winners 2016-2019
What mortgage awards logo
Best Second Mortgage Broker
Like to see the secured loans rates available to you?
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Want to talk through a loan option? Call us today...
01923 678 870
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