Delivered by an FCA-regulated lender
Tuition finance for UK education providers
StepEx lets your students spread the cost of their course over time, with the finance provided and managed by StepEx Lender Ltd. You keep your pricing and your admissions standards. StepEx handles the regulated lending, the repayments and the collections.
Finance is provided by StepEx Lender Ltd and is subject to eligibility and affordability checks. Approval is not guaranteed.
Choose your path
I'm an education provider
- Enrol qualified applicants who can't pay the full fee upfront
- Keep your published prices; no blanket discounting
- StepEx handles regulated lending, servicing and collections
I'm a student
- Pay for your course in monthly repayments
- Finance from an FCA-regulated lender, with the full cost shown before you sign
- Help if your circumstances change
Finance may not be right for everyone. StepEx checks affordability before approving any agreement, and missed repayments can affect your credit record.
Popular on StepEx
Finance is available at these education providers
Where StepEx creates value for providers
Convert demand that upfront payment blocks.
Qualified prospects drop out before they apply, not only at the payment step. A finance option they can see early keeps them in the funnel through application, offer and enrolment.
Reach applicants who would not otherwise apply.
Some people never enquire because they assume the fee is out of reach. Visible finance widens the pool without lowering the bar.
Protect your pricing.
A payment-timing problem does not need a discount to solve it.
Fill capacity you already have.
Empty seats have a cost; finance fills them without changing who you admit.
Clear separation of responsibilities
You focus on education
- Admissions decisions
- Course delivery
- Which courses and cohorts are eligible for finance
StepEx handles regulated finance
- Credit and affordability assessments
- Regulated finance agreements
- Servicing, collections and credit reporting
- Creating and approving every financial promotion
StepEx holds the FCA permissions for the lending. The model is designed to be used by education providers without their own FCA permission: your staff display promotions StepEx has created and approved, and direct students to StepEx, and StepEx answers the finance questions. How that works, and why
Launch without heavy implementation
There is no systems integration. Going live means confirming which courses and cohorts are eligible, branding the student journey, and a final compliance check on the promotions. Most providers are live within days of confirming their courses.
Speak to StepExFinance is provided by StepEx Lender Ltd and is subject to eligibility and affordability checks.