Summary:
Facilitating parents to pay the fee in monthly EMIs at 0% interestMoratorium facility also available at 0% interestUpfront payment of annual fee to the schoolsIn 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. However, the schools are also not in a position to waive off the fee owing to various expenses. Talking about the fee financing model, Financepeer Founder Mr.
Rohit Gajbhiye said, “We have seen that this unprecedented crisis has led to closure of various schools and a lot of dropouts because parents were not able to pay the fee. Also, this is our small contribution in the fight against COVID as our model will help in smooth and continuous operations of education sector despite this crisis,” he added..