EdAid’s mission is to make education affordable.
EdAid enables students to defer the cost of tuition until after they graduate and start earning via Income Share Agreements or Deferred Payment Plans. EdAid does not lend money to students or provide loans.
It is however, important to note that students should only ever defer what they can afford to pay in the future. Students should consider their financial situation when considering deferring tuition fee payment via EdAid.
EdAid administers all tuition payments on behalf of a student’s university until tuition is fully paid.
All deferred tuition balances are paid via income-based payments. A student will only pay when they are receiving income, and repayments are flexible to accommodate life’s ups and downs.
Below you will find the EdAid Principles document, which outlines the principles behind using the EdAid platform. You will need to read and agree to these Principles fully prior to being authorised to use EdAid.
If you have any questions, or any element of the process is not clear, please reach out to the customer support team via [email protected]