How to pay school fees abroad from Nigeria

Everything I’m going to discuss here will boil down to;

How to pay for tuition fees abroad

How to pay school fees in UK from Nigeria

How to pay for school fees in South Africa

How to pay for school fees in china

How to pay for school fees in India

How to pay for school fee in USA

How to pay for school in Austria

How do one pay school fees abroad now. Look! Nothing has change; you can still pay your school abroad while still in Nigeria.

The Central Bank of Nigeria (CBN) says it has not stopped the allocation and sale of Foreign Exchange for purposes of payment of school fees and settlement of medical bills overseas as falsely stated by many Nigerians.

According to channelstv, the apex bank claimed that despite assurances it had given, some persons had continued to suggest that the Bank had stopped the allocation of Foreign Exchange to Nigerians seeking to pay school fees and medical bills overseas. The CBN also urged all genuine users desiring to obtain foreign exchange for payment of school fees and settlement of medical bills abroad to approach their banks with their requests and appropriate documentation.

Many Students seeking to pay for their tuition fees abroad have asked me here severally how to pay for school fees abroad as it very difficult sending money abroad now. The suggestions I make to them that work perfectly is what I want to share here with you too.

So if you are among those seeking to study abroad; whether for an undergraduate degree programme or postgraduate programme (PGD, MSc. Phd.), here are steps to take to pay for your school fees abroad.

Paying school fees abroad from Nigeria

There are several means to pay for tuition fee aboard from Nigeria. The current cheapest means is through;

A.  Form A

HOW TO PAY SCHOOL FEES ABROAD USING CBN FORM A

  • Visit the customers’ care of any of these Nigerian banks: Firstbank of Nigeria, Guaranty Trust Bank, Stanbic IBTC, Diamond bank, Zenith bank, and Fidelity bank; if you have an account with them that would be better. Take the bank detail of the school that offer you the admission.
  • Tell them you want to pay for school fees abroad using Form A, you will be directed to the appropriate desk where you will be given Form A to fill and sign. Please, make sure you fill the form correctly; ask questions where you are not clear.
  • The bank will communicate to you after proper filling and documentation of form a, the day the payment will be made.
  • Scan the payment receipt and email it to your school in abroad, they will notify you when they received the payment.

If you don’t have account with any of the bank mention above; you may need to first, visit any CBN office close you to present your evidence of your school admission abroad.  After authentication by CBN, you will be given an official exchange rate waiver.

After given a waiver; visit any of the bank mention above or if possible, visit GTbank with this official exchange rate document from CBN

  • Tell you them you want to pay for your tuition fees abroad. Present the CBN paper to them.
  • You will be given Form A to fill and sign. The procedure continues as in above.
  • GTBank may take up to 2 months to make the payment.
  • Stanbic IBTC may take maximum of 72 hours to make the tuition fee payment.
  • Firstbank of Nigeria may take maximum of 48hours to make the payment.

An Advice

  1. My candid advice here is this; don’t wait till when it is remaining 2 months, 1 month or weeks before you starting seeking for means to pay your school fees abroad. Start at least 3 months earlier.
  2. Any of these bank mention above may claim to make the tuition fees payment within 72hrs, 48hrs or even 24hrs, I rather suggest you visit them often to make sure they keep to their promise.

B. Through Domiciliary Account

HOW TO PAY TUITION FEES ABROAD FROM NIGERIA USING DOMICILIARY ACCOUNT

Here, you have to open a domiciliary account or use a domiciliary account of someone you know to make the payment.

Some Nigeria banks to open a domiciliary account with are GTbank, Firstbank, Diamond bank, and Zenith bank.

See how to open a domiciliary account with Gtbank, Firstbank and Zenith bank

  • Once, you open a domiciliary account let say with GTBank; the next step is to fund the domiciliary account with the require amount you wish to pay as school fees abroad.
  • To fund the account, foreign exchange Company, like Travelex may offer better foreign exchange rate option than the black market (BDCs).
  • Show GTbank staff the admission letter and they will give form to fill the university bank details and to also add your student name and student ID number.
  • You need to have extra money on your domiciliary account for bank transfer charges. The bank charges include; telex transfer charge (optional but necessary), off shore charges
    and £10 if the correspondence bank need to deduct.

B. Through agents

 

How to pay school fees abroad from Nigeria through agent

There are many agents (both local and international agents) that claim to offer the service of helping students who are offered admission abroad to pay for their school fees. I wouldn’t want to start mentioning them here because I don’t trust any of them.

So, I will suggest you go with the above two options. I did not say they are bad oo.

111 thoughts on “How to pay school fees abroad from Nigeria”

  1. This issue is quite sad oooo i know of a family who their child had to return back to Nigeria because of this. Well like you said i think starting early enough is just the only way forward

  2. I went to different banks today and they confirmed there is a suspension for FORM A payment since last week ,apart from a Dom. Account ,can I arrange with the school to use western union and the currency is Euros . about 3200euros

    1. Hello Roy,
      You’re right! Sorry for the inconveniences. The information has been confirmed.

      In terms of Using Western Union
      You can NOT use Western Union money transfer to pay for school fees.
      1. the amount (about 3200 euros) has exceed the western union maximum transfer limit.
      2. the western union money are received by individual in person or individual account not on companies’ or corporate’s account

      1. Hey,

        Please, do you have any idea regarding the status of form A? Are there any suspension or delay in its processing time? My dad informed me of filling the form A form, since last month for my tuition fee. However, my school has yet to receive the funds. He was informed by first bank today that they haven’t gotten a response from CBN. I am hoping you can share light on my situation or perhaps, offer me any viable suggestions for paying my school fees without much hassle.

        I hope to hear from you.
        Thanks.

        1. Hello Sophie,
          the Form A is still temporary not available. There are many ways you can pay your tuition fees abroad depending on the University.
          1. Some school payment system can accept MasterCard.
          2. Generally, bank Wire transfer via domiciliary account is the best. However, not everybody has domiciliary account.
          3. We have third parties who are into that but I don’t talk third parties here unless those I am sure are sincere.

          1. Thanks for the information, but I was to know. How is the exchange rate when you pay with your masters card?

  3. To me i think first bank is the best with the form a process they are fast and reliable unlike othee banks……I made school fees payment through zenith bank using form a since on may 18 I scanned and sent the telex they gave me to the school but I got a mail from the school yes2day stating dat they have not received my payment resulting to dem advicing me to defer my admission to Jan when I already got a visa for sept.

    1. Hi John, Hw did d embassy gave u a visa? Did d school sent u an acceptance letter after receiving the telex of ur payment, even wen d money has not entered their account???
      Pls I want to knw

  4. I just paid my wife 4500 Euro school fees here but I still need to move 1.2m naira to my account here, it’s so sad what’s happening to our country because…… I sent 5k Euro home to get that one million and now it can only trade at 3000 euro, now i need to add up 5k Euro for block payment , that’s how i came across ya site and it’s very informative ….. Thanks brother

  5. What about paying via credit card like visa or master card. Bcuz in d payment form i receive for Thompson Rivers University in Canada, they sent a form that I can fill and input either a visa card, master card or an American express card no: in d form it also contain d amount am paying. Am ask to fill n returned d form to their email……….My question now is, is dis medium reliable n free from cyber theft. Also will it b done using my naira account?

    1. Hello Kris,
      You can use your MasterCard to pay for the school fees since the University specifies that.
      Once, you are sure that you are dealing with the University directly then you are 100% safe. They can not just deduct your money without your bank notifying you via SMS alert.
      Your Naira MasterCard will possible work.

    2. Hello ,i also applied in thompson rivers and i have been having difficulties in paying.pls can we tok beta my wotsapp no is 07064702364.tnx will be expecting u to chat me up.

  6. Thank u very much, I guess using d master card will b faster in processing than the form A. Cuz am suppose to resume by August 30

  7. My bank had just sent me an alert for debits after months of submitting my form A. How long will it take to reflect in my University account? Will CBN send me an email or something?

    1. Hello Nathaniel,
      I have seen people who use GTBank, Fidelity bank, and Firstbank (relatively slow) to pay their school fees abroad. I have NOT seen for that of ECO BANK.

  8. I Submitted my Form A for payment in Firstbank since first week of JULY but till now nothing has been done and I ssuppose to start school by September , don’t know what else to do

    1. Hello Chika,
      I will rather suggest you visit Firstbank to know what is going on. If the temporary suspension of form A is not lifted, it is likely that the payment will not be made unless Firstbank gave you guaranty that the payment will be made.

  9. Emma,
    Please how do I exchange my naira to dollars from travelex in my dorm account so as to pay my school fees from Nigeria?
    Also,what is there rate of exchange parallel rate or official rate?

    1. Hello Wizdave,
      I don’t understand your first question. Please, re frame it.
      As of yesterday, naira crash to N390/$ at black market while the official rate is N318.5/$. We waiting to see changes today.

  10. Hello
    Please I’d like to know the exchange for naira to pounds when using travelex to fund my domiciliary account and also how long it takes for the account to be funded.

  11. Please can you confirm if the temporary suspension of the Form A has been lifted now? What is most viable to pay school fees for a foreign school from Nigeria ? What is the current status of the CBN policy on repatriation of funds to say a foreign school from Nigeria

  12. This is so informative, Am a bit at rest. Intend paying my UK tuition fee today Through Diamond bank Domiciliary Account. Also gather more information about paying tuition fee abroad. My school Accepts Master and Visa card. Hope to know the transfer limit and which has lesser charges.
    Good work man.

    1. Hello Demmy,
      The transfer limit via domiciliary account is $10,000 per day. The charges are;
      for outflow = 5% commission and inflow = 0.5% commission. But, you can pay with your Master card since your school accepts it.

  13. Please can you confirm if the temporary suspension of the Form A has been lifted now? What is most viable to pay school fees for a foreign school from Nigeria ? What is the current status of the CBN policy on repatriation of funds to say a foreign school from Nigeria

    1. Hello Deniel,
      The ban has not been lifted though banks can accept your form A when filled pending when the window is open. Those who have filled form A for school fees payment since 2 months ago, their payment are still pending. There are many viable means to pay school abroad but it all depends on your institution.
      Some institutions accepts MasterCard or VISA card.
      Some institutions also accept third party payment like Skrill money payment
      But the most sure ways I know all institutions accept school fees payment via international wire transfer through domiciliary account and form A.
      The status of CBN policy on repatriation of funds to say a foreign school from Nigeria has NOT change.

  14. Emma, am so happy to have come across your article, it’s really helpful. I have 2 questions and please I need ya advice. 1) My school accept Mastercard and I want to supply my card details to the school so they can source the fees from it but it I was told that naira Mastercard won’t work oversae due to the ban on it by CBN. Can the school be able to source the tuition fees from my naira Mastercard? 2) With the use of Form A, is Australian dollars available in CBN? Bank officials told me that it depends on the availability of the currency. Please I need ya advice ASAP. Thanks and remain blessed.

    1. Hello Ifeany,
      1. “Can the school be able to source the tuition fees from my naira Mastercard?” The answer is YES! They can.
      2. The issue is NOT Australian dollar being available in CBN; the truth of the matter is that Form A is not working (as it supposed). The window is always close.

  15. Man you got good information here. I love that. My institution accepts Mastercard but I heard that there is suspension on naira Mastercard, can the school be able to source tuition fees from naira Mastercard? Is Australian dollars available in CBN as the use of form A depends on the availability of the host countries?
    I look forward to hearing from you at your earliest convenience.

  16. Sorry that was duplicate but man, according to Zenith bank, Fidelity bank and Keystone bank officials, I was told that international transaction is restricted on naira Mastercard, so how will that work?
    Thanks brother.

    1. Hello Ifeany,
      In this recent time, GTBank Naira MasterCard has been used to pay school fees abroad. What those bank officials say does not matter. What matters is, does your institution accept Naira MasterCard? If yes then check the naira MasterCard that they accept. It is possible that they can accept GTBank and Diamond Naira MasterCard and reject Zenith bank, Fidelity bank and Keystone bank.

      Some institutions abroad even accept third party payment like Skrill Payment, BTC etc

  17. Thank you for that very informative article.
    But I need to ask. In my own case, since I am resuming for my first year, students are not allowed wire transfer, just cash only until second year and I have to pay in dollars, but my parents are in Nigeria and have naira.
    So I was wondering since the money is for my tuition fees and I already have an account here where I live in Hungary, can my parents put down my own account details in the form A that they have to fill or must it be a school account.

    Thank you

    1. Hello Mini,
      Your parents can NOT put down your own account details in Form A, it must be a school account. The school account is a corporate account not a personal account. Since you have personal account over there, let your parents open a domiciliary account here in Nigeria and then send wire transfer to you.

    1. yes naira master card i going to study in china so i want to knw and if i can withdraw with naira master card in china please just guide me explain how i will do it

    1. Hello ETUK,
      It depends on the Canadian School. Some of the Schools in Canada accept Naira MasterCard while others don’t. So, find out from the Canadian School. The best and fastest means would have been wire transfer via domiciliary account if you have one. Another means would have been through Form A but, Oosh! you have to queue up until it reaches your turn.

  18. talk about naira master card coz am going to china for study so am asking which bank is good to use their master card and
    please explain how do i do it in china just like guide me please

  19. First bank finally sent me details that my Form A has cleared and the amount debited. However, this was on the 7th of September and the school has not confirmed they received the amount yet. Moreover I was asked to fill a Form M as well, and also a form to authorise the crediting of any charges/problems from the transaction.

    What do you think?

      1. No I am not doing any other transaction. How long will this Form A transaction take? They have deducted the money from my account and are debiting extra charges.

        1. Pls Kay when did you apply for school fees payment using form A with Firstbank? Because I have applied and my aplication is still pending.

  20. I am also looking for a way to pay tuition to Australian school. They accept card payment online. Is there any restrictions as to the amount one can pay using a Naira funded cards? Also which card is better visa or MasterCard? The school accepts both. Finally, which bank charges at the official rate. I called Fcmb customer care and the exchange rate for card payment is even higher than black market price N440/$ as of yesterday which is 14/09/16.
    I’m thinking of using eco bank or sky bank.

    1. Hello Uche,
      Yes, there is a limit that you can transfer online using your Naira MasterCard. The limit will probably vary ( as in when transferring from personal account to a corporate account, personal account to personal account, corporate account to personal account). You can find that out from your Bank.
      Use your MasterCard for this transaction. If you have GTBank account, use it.

  21. Hello Emma,
    In fact the issue of Form A, I don’t think it’s effective any longer. Having tried both First bank and Stanbic IBTC, me man still expecting. Please if to use travelex in order to get my Dom act funded cos that’s seems to be the last resort now. How do I go about it, means of transaction,becos on there site, these are not clear. Or any mean that you suggest to the euro paid.

  22. @Emma, I think the only acceptable means of payment is through bank wire. Best thing is to get the Domicilliary account funded. Brother, how about Payza, do you know things about it?

  23. Hello Emma, your platform is so informative and I love it. Please I want to know what rate is used when you pay your school fees with naira master card, how high are the charges from the bank?

    1. Hello Emmanuel Edise-emi,
      You will be charge at the official bank rate. Remember, this exchange rate changes every 4 minutes. The charges varies depending on your institution location.

  24. Hello Emma,
    Pls is the ban for form A lifted, and how long does it take to make payment using form A because I hv applied for almost a month now from Firstbank and there is no reponse yet.

      1. First bank sent me details of form A. Applied on 7/09 and it was sent on 21/10. 6 weeks and 1 day using form A to pay fees.

  25. Pls sir firstly about the dom account . Like how many days can the transaction reach the school ?
    Also about the third party can you help me with anyone I can meet here in Ogun state sagamu or Lagos state.
    lastly whether dom account or the third party how much in naira can they collect for 250Canadian dollars for buying a form?
    flash me with this number so I can call u to ask more. 08026576994
    Thanks

  26. If a person were to use form A to pay for the international tuition fees, is it at the official rate the person will be given to pay for the the tuition? If not, how will the person go about it to pay for the tuition using the Cbn rate?
    If a person were to use the domiciliary method of payment, what foreign exchange company gives the Cbn official rate of dollar to naira or any other lesser rate so that a person can use it?
    Do you know banks in Nigeria in which their naira master card foreign exchange rate in which their exchange rate is slightly different from the official rate because I know no bank will want to give the Cbn official rate and you know the dollar is not smiling against the dollar at the moment.
    My last question is that is there limit of amount per day to pay for international fees using naira master card and what is the limit of amount if there is or do you know of any bank which their master card has no limit? Thanks in advance and thanks for the beautiful write-up.

    1. Hello Femi,
      1. You ask and I quote; “If a person were to use form A to pay for the international tuition fees, is it at the official rate the person will be given to pay for the the tuition?”
      Answer; Yes! It is at the official exchange rate.

      2. You ask and I quote; “If a person were to use the domiciliary method of payment, what foreign exchange company gives the Cbn official rate of dollar to naira or any other lesser rate so that a person can use it?”
      Answer; No foreign exchange company gives at the CBN official exchange rate in Nigeria. You can only buy from parallel or black Market to deposit into dom account.

      3. You ask and I quote; “Do you know banks in Nigeria in which their naira master card foreign exchange rate in which their exchange rate is slightly different from the official rate because I know no bank will want to give the Cbn official rate and you know the dollar is not smiling against the dollar at the moment.”
      Answer; Every bank in Nigeria uses the official exchange.

      4. You ask and I quote; “My last question is that is there limit of amount per day to pay for international fees using naira master card and what is the limit of amount if there is or do you know of any bank which their master card has no limit?”
      Answer; I don’t know.

  27. Thanks for your reply, I appreciate! Since you stated that Banks naira master card is at the official rate that means I can use my Skye Bank master card to pay for my tuition and I will be charged at the official rate and not at the black market rate. Another reason I will like to use it is because it is faster than using form A which takes month to deliver. Thank you once again.

  28. Are you sure it is at the official rate that bank master cards use for online international transfers because I used my first bank master card to pay for my application fee and I was charged at the rate of #460 per dollar which I think should be the black market rate and not at the official rate of #315 to a dollar as at today. Thank you!

  29. It is neither a business account nor a third party involved. I did it online successfully on the website. What do you mean by a third party because I don’t understand how the money was exchanged at that rate? What I think is all Nigeria master cards should be exchanged at the official rate no matter where it is being used. What do you think could have happened since you are still insisting it is exchanged at the official rate when used for online international transfers.

      1. Ok thank you. You haven’t given a reply to my comment about the master card payment. You can reply it to my email address since I’ve provided it. Thank you!

          1. The one you said you were going to reply to in the next two days about why the first bank master card which was used for paying application fee online on international level was exchanged at the black market rate and not at the official exchange rate. Thank you!

    1. Hello Great,
      I am not quick in talking about international money transfer operators (IMTOs) (whether online or offline) especially those that does not domicile or operate in Nigeria

  30. Hello sir, please do you know how long it will take for my school fees to be paid by using the Form A at First Bank?

    Also I can I use travelex to fund a domiciliary account?

  31. Mr. Emma, Morning sir,
    Kindly brief me if you have any knowleged of paying tution fee through Micostarmall. How long does it take Micostarmall to process a fee to an european university?
    Also, in case of using GTB Dom account which was newly opened. if its funded, can one perform outflow transfer fund with it immediately its funded ?

  32. Hi,i am applying for postgraduate program in some schools in US. I am supposed to pay for my application fees with a mastercard or visa. Banks have stopped foreign transacation with naira mastercard. Please how can i go about paying for my application fees?

  33. Hello I’m trying to understand how people pay tuition fee when most banks cut their POS/internet limit on cards to $100-300 per month

  34. I applied for form A through First Bank since 24th September and I am yet to get a response from the bank. The bank called me a few days ago to say that the form was declined because there is no AUD available( I applied for payment of tuition in Australia), they asked it be converted to USD. The bank official used their converter and converted it to USD and relaunched the application. I have some concerns however, he converted 19013 AUD to USD and it ampunted to 11800 USD. All the other exchangers I used for the convertion were between 14000-15000 USD. My questions are.
    1) I hope when the money gets to the school it wont be less than I was supposed to pay thereby putting me through the whole process of waiting again for my form A to pull through.
    2) Does this form A usually take this long? from 24th September till now is over a month and I am running out of time.
    3) What other reasonable alternative do I have and how do I go about it.?

    1. Hello Somto,
      1. It won’t be less than what you are suppose to pay.
      2. Yes, form A takes that long. So, it is advice you start earlier.
      3. Depending on the institution, you can via your credit, Visa or MasterCard. You can also pay through third parties like skrill, Payoneer etc.

  35. My school in uk accept MasterCard, I was told in bank that MasterCard can no longer pay tuition fees abroad. If I decided to use my MasterCard to pay my fees, if the payment declined, will the money get missing or it will return back to my account. Awaiting your reply urgently.

  36. On 23rd October, 2016 I received an e-mail from GT Bank telling that the international limit on my Naira Mastercard has been reviewed downwards to $100 /month (POS & Online) and ATM withdrawal is restricted abroad.
    Today i tried to make an online transaction of $100 but the transaction was declined telling me that daily limit exceeded. I wonder what does it mean. Please do you know why it was declined?

      1. The same statement made by the bank but to open a domiciliary (dollar) account i need to travel home (Nigeria) or is there any other way to do it while abroad?

    1. Hello Muyiwa,
      1. The institution you are paying to can provide their bank details and you pay through your domiciliary account if you have one.
      2. You can also pay using MasterCard depending if the institution accepts MasterCard.

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