Ways to spread school fees
Learn about the solutions the participating providers offer for spreading private school fees, according to their own approved products and policies.
KIFEi
The school fee finance area for familiesPlan for school fees with a clearer decision
An information area inside the forum where families meet the participating banks and finance providers, learn about the options for financing private school fees, and compare the essentials before applying.
Meet licensed providers directly
Talk to the participating banks and finance companies inside the area, and request the official disclosure statement from the provider itself.
An informed comparison before you apply
Compare the total cost, the instalment, the repayment period and the terms, rather than deciding on the size of the instalment alone.
A parent’s journey
From a first question to a responsible financing decision
The forum does not provide finance and does not recommend any particular provider. The purpose of the area is to give families clearer information and direct contact with the participating providers before they make an independent decision.
Clear disclosure first: The consumer finance rules require a written disclosure statement in plain, clear language, with assumptions and estimates clearly identified.[1]
Work out what you need
Prepare an estimate of the fees, when they fall due, and how many children they cover.
Learn the options
Talk to the participating providers and ask about the products suited to school fees.
Ask for the disclosure
Request the written disclosure statement from the provider and read it before submitting any application.
Make your decision
The application, the approval and the contract come solely from the licensed provider, on its own criteria.
A practical comparison list
Do not compare on the instalment alone
Ask every participating provider about the points below, and request a copy of the disclosure statement. The annual percentage rate includes the mandatory costs tied to consumer finance, as shown in the relevant published material.[2]
- The annual percentage rate (APR) and the mandatory costs it covers
- The total amount payable, the instalment and the repayment period
- Administrative fees or any other stated additional costs
- Eligibility conditions, the documents required, and how long a decision takes
- How early settlement or late payment is handled, where the product covers it
- Whether the fees are paid to the school or to the beneficiary under the product
For banks and finance providers
Present your school fee solutions to the families who are looking
Provider and product details are published only once approved by the licensed entity. Participating providers can submit their offerings and approved disclosure statements, and name their representatives inside the school fee finance area at the exhibition.
Explore partnership optionsWhat is published once a provider is approved
- The licensed provider’s name and logo
- A description of the product offered to families
- The disclosure statement and its official link
- When their representatives are present in the area
Important notice: The forum is an information and contact platform only. The decision to grant finance, its limits, its cost and its contractual terms come solely from the bank or the licensed finance provider. Nothing in this section is an offer of finance or personal financial advice.
- Saudi Central Bank, article 19 of the consumer finance rules.
- Saudi Central Bank, article 8: the annual percentage rate (APR).