Financepeer helps parents pay school fees during pandemic

| | Bhopal
  • 0

Financepeer helps parents pay school fees during pandemic

Tuesday, 30 June 2020 | Staff Reporter | Bhopal

In the fight against deadly coronavirus, a leading fee financing company Financepeer is spearheading the battle in a totally different way. Financepeer is acting as a facilitator for the education sector by solving the problem of fee payment for both, parents as well as schools.

While an uncertainty prevails in the education sector as there is no clarity about reopening of the schools, the schools are also reeling under huge financial pressure as a lot of parents are finding it difficult to pay the fee amid job loss and pay cuts.

However, the schools are also not in a position to waive off the fee owing to various expenses.Acting aptly on the PM’s speech of converting problems into an opportunity, Financepeer realized the need of the hour and introduced ‘Fee Financing model’ a one stop solution for all the major stakeholders of the education sector, especially basic education.

Through this model, the company will pay the annual fees upfront to the schools on behalf of the parents while parents have the option to repay the amount in monthly EMIs at 0 per cent interest. Amid COVID crisis, the company is also offering a 3-month moratorium to the parents.

State Editions

Online education a great challenge in rural Odisha

11 August 2020 | DINESH DAS | Bhubaneswar

NHRC seeks ATR from Kendrapada SP

11 August 2020 | RAJESH BEHERA | Bhubaneswar

InBrief

11 August 2020 | PNS | Bhubaneswar

‘Mishra believed in empowering kids thru lit’

11 August 2020 | PNS | Bhubaneswar

Webinar discusses breastfeeding benefits

11 August 2020 | PNS | Bhubaneswar

Pandemic forces choreographer to sell tea

11 August 2020 | PNS | Bhubaneswar

Sunday Edition

REal estate in the times of Corona

09 August 2020 | Sush Clays | Agenda

Astroturf | Know self for a better future

09 August 2020 | Bharat Bhushan Padmadeo | Agenda

Tackling Covid in the capital

09 August 2020 | Miniya Chatterji | Agenda

Best to redefine your career goals

09 August 2020 | Karan Verma | Agenda

India no more ‘soft state’ under Modi’s leadership

09 August 2020 | KK SRIVASTAVA | Agenda

'I'm a storyteller, medium doesn't matter'

09 August 2020 | Shalini Saksena | Sunday Pioneer