School fee payment plans

Pay school fees across the term, not all at once.

Termly adds a Pay Later option to your school's fee statement. Families choose weekly, fortnightly or monthly instalments. The school is paid in full, upfront.

Bring Termly to your school See how it works
  • Schools paid upfront
  • No change to fee invoicing
  • Fixed instalments for families
Term 1 Fee Statement
Example Grammar School
Due 30 Jan
Tuition, Year 9$6,950.00
Building levy$350.00
Camps & excursions$200.00
Total due$7,500.00
How would you like to pay?
Pay NowPay the school directly
Pay LaterInstalments via Termly
School receives $7,500.00 upfront from Termly
Since1 October 2026

Card surcharges have ended across Australia. Schools now carry the cost of card payments, and some have stopped accepting credit cards for fees altogether. Termly gives families a structured way to spread the cost, without adding card fees for the school.

Source: RBA

How it works

One extra option on the statement you already send.

  1. School issues the fee statement

    Your invoicing stays exactly as it is, with a Pay Later option added.

  2. Parent chooses how to pay

    Pay Now as usual, or apply for Pay Later in a few minutes online.

  3. Termly pays the school

    Once approved, Termly settles the full invoice with the school.

  4. Parent repays in instalments

    Fixed weekly, fortnightly or monthly direct debits across the term.

What parents see

From fee statement to payment plan in three screens.

1The school's statement, plus one buttonParents pay the usual way, or choose Pay Later.
2Choose how often to payWeekly, fortnightly or monthly, matched to the family's pay cycle.
3Confirm a fixed scheduleEvery date and amount is shown upfront. Termly then pays the school.

Sample screens with fictional school, family and amounts. Termly fees are not included in the example figures.

For schools

Payment certainty, less chasing.

  • Paid in full, upfrontTermly settles each Pay Later invoice directly with the school.
  • Termly carries the repayment riskAssessment, collection and arrears are handled by Termly, not your finance office.
  • No system integrationKeep your existing fee structure and billing software.
  • A real answer for familiesOffer flexibility without running in-house payment plans.
For families

A term's fees, at a pace that suits you.

  • Weekly, fortnightly or monthlyMatch repayments to your pay cycle.
  • Fixed and known upfrontYou see every repayment and all costs before you accept.
  • Quick online applicationApply from the fee statement, with a fast decision for most families.
  • Automatic and simpleDirect debit repayments with reminders before each one.

See the split

What a term's fees look like in instalments.

Typical independent school fees run from $15,000 to $55,000 a year, often billed per term. Spread across a 10-week term, a large bill becomes a regular household expense.

$1,500 per fortnight, for 5 fortnights

Illustration only. Excludes Termly fees, which are shown in full before you accept a plan. Subject to eligibility and credit assessment.

Questions

Frequently asked

Is Pay Later a loan?

Yes. Pay Later is a short-term payment plan, usually for one school term, provided by Termly Payments Pty Ltd. Each application goes through identity verification and a credit and affordability assessment before approval.

Does our school need new software?

No. Termly works alongside your existing fee statements. Families see a Pay Later option and apply online. There is no system integration required.

When does the school get paid?

Termly settles the full invoice with the school once a family's plan is approved, so the school is paid upfront rather than across the term.

What happens if a parent misses a repayment?

The school has already been paid. Termly manages reminders, follow-up and any arrears directly with the family.

Can I use Termly if my school isn't a partner yet?

Pay Later is available to families at partner schools. If you'd like your school to offer it, let your business manager know or get in touch with us.

Offer Pay Later on your next fee statement.

We're partnering with a small number of independent and Catholic schools ahead of Term 1, 2027. A 15-minute call is enough to see whether Termly fits your school.

Book a 15-minute call partners@termly.com.au (02) 8011 1080