Focus on education

Offer your parents the option to pay their school fees in a more convenient way. Avoid the costly and time-consuming administration that goes with managing school fee collections. Focus on your core business – educating and preparing students for a bright future.

Tuition Instalment Loan helps parents pay school fees with ease

Helping parents pay private school fees with ease

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Our point of difference

We are an independent and mutually structured financial institution that has been in operation for over 45 years. We are passionate about supporting the education journeys of Australians and since our inception, more than 550,000 children have received education benefits and $3.59 billion paid to our members and their education beneficiaries.

Provide payment flexibility without the admin burden

Partner with a financially sound and respected financial expert

Contact us to free up your school’s resources so you can focus on your core business - education.


Futurity Loans team

0490 377 768

Our Education Bond Range

Give your future families the start they need. Our Bonds can help them save and invest to ensure they are able to provide their children the best education possible.

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Frequently Asked Questions

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Which education costs does the Tuition Instalment Loan cover?

The Tuition Instalment Loan is designed specifically for private/independent school fees where the school does not offer a weekly, fortnightly or monthly instalment option.



It can also be used to pay for any expense listed on a school invoice, including levies, music lessons, uniforms, school camps or electronic devices.



Parents can apply easily through our online application form and will hear back in two business days with a decision.

How much does it cost?

The Tuition Instalment Loan has a $0 Application Fee and charges a simple annual Service Fee of 3% of approved loan limit. The fee is applied to the loan account on first drawdown and repaid as equal instalments over the loan term.

How are school invoices paid?

Once a loan is approved, customers are provided with access to the Futurity Education Loans Portal where they can view their account details. In addition, customers can draw down and pay their school fees from their loan at any time via BPAY®.



Alternative payment methods can be arranged if the school does not accept BPAY®.

What is the Futurity Education Loans Portal?

It is a dedicated portal for parents. It gives them 24/7 access and control to manage their current loan, pay school invoices directly to the school, view their account balance, make changes to repayment schedule and also apply for a loan increase.

What happens if a parent misses their loan repayment?

Repayments to a Tuition Instalment Loan are made using a Direct Debit authority from a nominated bank account. Using the Futurity Education Loans Portal, customers can view their upcoming repayment schedule. If a scheduled repayment is not made, Futurity will contact the customer to arrange a reschedule of the missed repayment. A dishonour fee of $10 is charged to recover the cost of reprocessing the transaction.

Can anyone apply for a Tuition Instalment Loan?

Applications are generally accepted from all Australian Citizens and Permanent Residents over 18-year-old that have an income sufficient to service the repayments.

How is Futurity regulated?

Futurity is regulated by the Australian Securities & Investment Commission (ASIC) and Australian Prudential Regulation Authority (APRA). Our Australian Credit Licence Number is 236665.



Our loan products are regulated under the National Consumer Credit Protection Act 2009 (Cth) (NCCP) which includes the National Credit Code (NCC). Applicants for a Tuition Instalment Loan are assessed on their capacity to repay and are subject to a credit check. As part of our Responsible Lending obligations we are also required to ensure the loan itself is suitable for their needs and that they can demonstrate the capacity to repay.



Our regulatory obligations extend to adhering to the Australian Competition and Consumer Commission (ACCC) and ASIC guidelines for debt collection as well as a fully compliant Hardship policy and procedure.

What happens when parents are in financial difficulty?

Futurity adheres to the requirements outlined under Section 72 of the National Credit Code. We work with customers to assess their current financial circumstances and may provide a range of short to medium term solutions, including but not limited to repayment deferral or reduced repayments.