PressPayNg (Everything you need to KNOW).

Executive Summary

Tertiary education is a monumental tool for both Economic, social and political development of any given country. Education beyond the secondary level is assumed to be the way to social esteem, better paying jobs, expand life options and intellectual stimulations. For societies, tertiary education is assumed to be the key to technology, productivity, and the ingredients of international competitiveness and economic growth. Due to the prevailing economic realities, the cost, affordability and financing of tertiary education in Nigeria has garnered growing concerns. With the average cost of public universities in Nigeria at $125-$500 per year, and the average cost of private institutions at $2,700 annually, affording and financing tertiary education has become a fundamental challenge for the Nigerian student.

What is PressPayNg About?

Driven by the passion to solve this social problem and nip the challenges of tertiary education financing in the bud, Coverpage Partnership Solutions Limited has developed a social enterprise EdTech product – PressPayNg. With PressPayNg, every Nigerian student will be financially empowered (as a collective responsibility) to commence and complete tertiary education without having to dropout or defer admission.

What Does PressPayNg OFFER?
Tuition Loans
Scholarship Pop-ups
Savings Plans
Education Grants
Employment Opportunities
Education Insurance
International Placements
Bills Payment & Transfers
Income Opportunities
Emergency Education Funding
Access to State Bursary
Education Health Maintenance

With PressPayNg, no Nigerian student will be denied tertiary education or drop-out of school, Your tuition is funded year after year till you graduate.

• PressPayNg offers you “Easy-To-Access” student loan as against what is obtainable with other financial institutions and platforms. The Soft loan is a short-term tuition loan aimed at facilitating the prompt payment of tuition fees per academic calendar.

• PressPayNg offers you moderate interest rates.

• Flexible student loan application and repayment process.

• Enjoy our scholarship pop-ups and education grants

• Make money through referrals.

• Enjoy health insurance schemes.

• Enjoy health maintenance cover.

EduLoans- This is where after student commences a savings plan for 50% of their tuition, PressPayNg aggregates our 50% and 50% at the end of the savings plan and it is directly credited to the school account.

EduSure- This is where the suscribed students get to access and enjoy health services wherever they maybe in nigerian at affordable rates.

EduHealth- This is where insurance company takes over payment of student school fees incase of emergencies such as accident, critical illness or permanent disabilty and even death.

What are PressPayNg Value Propositions?
• The Propeller for UN’s SDG Goal 4 in Nigeria – Quality Education

• Bringing Dropouts Back To School

• Foreign Direct Investment through Nigerians in Diaspora & International Grants

• Increase in Human Capital Development • Increase in Annual Tertiary Enrollment Rate

• Employment Opportunities – Local/International

• Increase in Generated Revenue By Tertiary Institutions in Nigeria

• Increase In Tertiary Education Infrastructural Development

• Residual Income for Lecturers/Students

• Driving Financial Inclusion

• Students Transitioning Support into Enterprise Development

Who can Onboard PressPayNg?

Students
Commence your Tuition Savings – EduSAVINGS Access Tuition Loans – EduLOANS (50/50 – We Pay, You Pay) Subscribe to Education Health Maintenance – EduHEALTH on PressPayNg. With over 3,000 partnering hospitals nationwide, you don’t need to worry about your health while in school, PressPayNg has got you covered. Engage our Skill Profiling Section to get Student Holiday Jobs and Free Soft-Skill Trainings

Parents/Guardians
You can access PressPayNg services on behalf of your children in tertiary institutions in Nigeria. Parents or Guardians can onboard PressPayNg to • Commence Tuition Savings on behalf of the student(s) • Access Tuition Loans – EduLOANS (50/50 – We Pay, You Pay) on behalf of students • Subscribe to Education Insurance on PressPayNg to cover against Death, Critical Illness or Permanent Disability. Our Insurance Partners will pay the tuition of the beneficiary till he/she graduates.

Institutions
Public and Private Universities, Polytechnics, Monotechnics and Colleges of Education can all onboard PressPayNg. PressPayNg is here to help keep your students in School through creative funding of their tuition, your students don’t have to dropout because of tuition. As a school, Partner with PressPayNg to enable your students access our Tuition Loans.
https://presspay.ng/faqs

Lenders
Are you willing as an individual, a corporate organization or a financial institution to LEND to our verified EduLOANS applicants on PressPayNg? Register with PressPayNg as a TUITION LENDER and let us FUND THE FUTURE Together.

Agents
PressPayNg is creating job opportunities by recruiting Agents nationwide. Sign-Up and Smile Home, register as an agent today.

This is a Silverbullet solution that will significantly flatten the curve of tertiary education dropout rate in Nigeria, With an average annual tertiary education dropout rate of 18%, something drastic has to be done.

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