{"id":54,"date":"2022-01-17T16:12:17","date_gmt":"2022-01-17T16:12:17","guid":{"rendered":"https:\/\/presspay.ng\/blog-api\/?p=54"},"modified":"2022-07-01T10:21:37","modified_gmt":"2022-07-01T10:21:37","slug":"presspayng-all-you-need-to-know","status":"publish","type":"post","link":"https:\/\/presspay.ng\/news\/presspayng-all-you-need-to-know\/","title":{"rendered":"PressPayNg (Everything you need to KNOW)."},"content":{"rendered":"\n<p><strong>Executive Summary<\/strong><\/p>\n\n\n\n<p>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. <\/p>\n\n\n\n<figure class=\"wp-block-gallery has-nested-images columns-default is-cropped wp-block-gallery-1 is-layout-flex wp-block-gallery-is-layout-flex\">\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"728\" height=\"1024\" data-id=\"56\" src=\"https:\/\/presspay.ng\/blog-api\/wp-content\/uploads\/2022\/01\/Screenshot_20220111-093853_WPS-Office-1-728x1024.jpg\" alt=\"\" class=\"wp-image-56\" srcset=\"https:\/\/presspay.ng\/news\/wp-content\/uploads\/2022\/01\/Screenshot_20220111-093853_WPS-Office-1-728x1024.jpg 728w, https:\/\/presspay.ng\/news\/wp-content\/uploads\/2022\/01\/Screenshot_20220111-093853_WPS-Office-1-213x300.jpg 213w, https:\/\/presspay.ng\/news\/wp-content\/uploads\/2022\/01\/Screenshot_20220111-093853_WPS-Office-1-768x1080.jpg 768w, https:\/\/presspay.ng\/news\/wp-content\/uploads\/2022\/01\/Screenshot_20220111-093853_WPS-Office-1.jpg 1080w\" sizes=\"auto, (max-width: 728px) 100vw, 728px\" \/><\/figure>\n<\/figure>\n\n\n\n<p><strong>What is PressPayNg About?<\/strong><\/p>\n\n\n\n<p>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 \u2013 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.<\/p>\n\n\n\n<p><strong>What Does PressPayNg OFFER?<\/strong><br>Tuition Loans<br>Scholarship Pop-ups<br>Savings Plans<br>Education Grants<br>Employment Opportunities<br>Education Insurance<br>International Placements<br>Bills Payment &amp; Transfers<br>Income Opportunities<br>Emergency Education Funding<br>Access to State Bursary<br>Education Health Maintenance<\/p>\n\n\n\n<p>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. <\/p>\n\n\n\n<p>\u2022 PressPayNg offers you \u201cEasy-To-Access\u201d 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.<\/p>\n\n\n\n<p> \u2022 PressPayNg offers you moderate interest rates.<\/p>\n\n\n\n<p> \u2022 Flexible student loan application and repayment process. <\/p>\n\n\n\n<p>\u2022 Enjoy our scholarship pop-ups and education grants <\/p>\n\n\n\n<p>\u2022 Make money through referrals.<\/p>\n\n\n\n<p> \u2022 Enjoy health insurance schemes. <\/p>\n\n\n\n<p>\u2022 Enjoy health maintenance cover.<\/p>\n\n\n\n<figure class=\"wp-block-gallery has-nested-images columns-default is-cropped wp-block-gallery-2 is-layout-flex wp-block-gallery-is-layout-flex\">\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"721\" height=\"1024\" data-id=\"57\" src=\"https:\/\/presspay.ng\/blog-api\/wp-content\/uploads\/2022\/01\/Screenshot_20220117-145753_WPS-Office-721x1024.jpg\" alt=\"\" class=\"wp-image-57\" srcset=\"https:\/\/presspay.ng\/news\/wp-content\/uploads\/2022\/01\/Screenshot_20220117-145753_WPS-Office-721x1024.jpg 721w, https:\/\/presspay.ng\/news\/wp-content\/uploads\/2022\/01\/Screenshot_20220117-145753_WPS-Office-211x300.jpg 211w, https:\/\/presspay.ng\/news\/wp-content\/uploads\/2022\/01\/Screenshot_20220117-145753_WPS-Office-768x1091.jpg 768w, https:\/\/presspay.ng\/news\/wp-content\/uploads\/2022\/01\/Screenshot_20220117-145753_WPS-Office.jpg 1080w\" sizes=\"auto, (max-width: 721px) 100vw, 721px\" \/><\/figure>\n<figcaption class=\"blocks-gallery-caption\">Step by Step download and registration guide on Google Playstore and iOS<\/figcaption><\/figure>\n\n\n\n<figure class=\"wp-block-gallery has-nested-images columns-default is-cropped wp-block-gallery-3 is-layout-flex wp-block-gallery-is-layout-flex\">\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"726\" height=\"1024\" data-id=\"60\" src=\"https:\/\/presspay.ng\/blog-api\/wp-content\/uploads\/2022\/01\/Screenshot_20220117-145801_WPS-Office-1-726x1024.jpg\" alt=\"\" class=\"wp-image-60\" srcset=\"https:\/\/presspay.ng\/news\/wp-content\/uploads\/2022\/01\/Screenshot_20220117-145801_WPS-Office-1-726x1024.jpg 726w, https:\/\/presspay.ng\/news\/wp-content\/uploads\/2022\/01\/Screenshot_20220117-145801_WPS-Office-1-213x300.jpg 213w, https:\/\/presspay.ng\/news\/wp-content\/uploads\/2022\/01\/Screenshot_20220117-145801_WPS-Office-1-768x1084.jpg 768w, https:\/\/presspay.ng\/news\/wp-content\/uploads\/2022\/01\/Screenshot_20220117-145801_WPS-Office-1.jpg 1080w\" sizes=\"auto, (max-width: 726px) 100vw, 726px\" \/><\/figure>\n<figcaption class=\"blocks-gallery-caption\">How to register<br> for PressPayNg EDUsavings and EDUsure<\/figcaption><\/figure>\n\n\n\n<p><strong>EduLoans-<\/strong> 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.<\/p>\n\n\n\n<p><strong>EduSure-<\/strong> This is where the suscribed students get to access and enjoy health services wherever they maybe in nigerian at affordable rates.<\/p>\n\n\n\n<p><strong>EduHealth-<\/strong> 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.<\/p>\n\n\n\n<p><strong>What are PressPayNg Value Propositions?<\/strong><br>\u2022 The Propeller for UN\u2019s SDG Goal 4 in Nigeria &#8211; Quality Education<\/p>\n\n\n\n<p> \u2022 Bringing Dropouts Back To School<\/p>\n\n\n\n<p> \u2022 Foreign Direct Investment through Nigerians in Diaspora &amp; International Grants <\/p>\n\n\n\n<p>\u2022 Increase in Human Capital Development \u2022 Increase in Annual Tertiary Enrollment Rate <\/p>\n\n\n\n<p>\u2022 Employment Opportunities &#8211; Local\/International <\/p>\n\n\n\n<p>\u2022 Increase in Generated Revenue By Tertiary Institutions in Nigeria <\/p>\n\n\n\n<p>\u2022 Increase In Tertiary Education Infrastructural Development <\/p>\n\n\n\n<p>\u2022 Residual Income for Lecturers\/Students<\/p>\n\n\n\n<p> \u2022 Driving Financial Inclusion<\/p>\n\n\n\n<p> \u2022 Students Transitioning Support into Enterprise Development<\/p>\n\n\n\n<figure class=\"wp-block-gallery has-nested-images columns-default is-cropped wp-block-gallery-4 is-layout-flex wp-block-gallery-is-layout-flex\">\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"824\" data-id=\"59\" src=\"https:\/\/presspay.ng\/blog-api\/wp-content\/uploads\/2022\/01\/Screenshot_20220117-145822_WPS-Office-1024x824.jpg\" alt=\"\" class=\"wp-image-59\" srcset=\"https:\/\/presspay.ng\/news\/wp-content\/uploads\/2022\/01\/Screenshot_20220117-145822_WPS-Office-1024x824.jpg 1024w, https:\/\/presspay.ng\/news\/wp-content\/uploads\/2022\/01\/Screenshot_20220117-145822_WPS-Office-300x241.jpg 300w, https:\/\/presspay.ng\/news\/wp-content\/uploads\/2022\/01\/Screenshot_20220117-145822_WPS-Office-768x618.jpg 768w, https:\/\/presspay.ng\/news\/wp-content\/uploads\/2022\/01\/Screenshot_20220117-145822_WPS-Office.jpg 1080w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n<\/figure>\n\n\n\n<p><strong>Who can Onboard<\/strong> <strong>PressPayNg<\/strong>?<\/p>\n\n\n\n<p><strong>Students<\/strong><br>Commence your Tuition Savings \u2013 EduSAVINGS Access Tuition Loans \u2013 EduLOANS (50\/50 \u2013 We Pay, You Pay) Subscribe to Education Health Maintenance \u2013 EduHEALTH on PressPayNg. With over 3,000 partnering hospitals nationwide, you don\u2019t 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<\/p>\n\n\n\n<p><strong>Parents\/Guardians<\/strong><br>You can access PressPayNg services on behalf of your children in tertiary institutions in Nigeria. Parents or Guardians can onboard PressPayNg to \u2022 Commence Tuition Savings on behalf of the student(s) \u2022 Access Tuition Loans \u2013 EduLOANS (50\/50 \u2013 We Pay, You Pay) on behalf of students \u2022 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.<\/p>\n\n\n\n<p><strong>Institutions<\/strong><br>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\u2019t have to dropout because of tuition. As a school, Partner with PressPayNg to enable your students access our Tuition Loans.<br>https:\/\/presspay.ng\/faqs<\/p>\n\n\n\n<p><strong>Lenders<\/strong><br>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.<\/p>\n\n\n\n<p><strong>Agents<\/strong><br>PressPayNg is creating job opportunities by recruiting Agents nationwide. Sign-Up and Smile Home, register as an agent today.<\/p>\n\n\n\n<p>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.<\/p>\n\n\n\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Executive Summary Tertiary education is a monumental tool for both Economic, social and political development of any given country. 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