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.

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

  1. Hello Emma, I must commend you for making payment process easy and accurate directions too. However, I made a pre-enrollment deposit to a school in Canada through Form A in Zenith bank. A week after the payment is yet to be done.

      1. Bro, the payment was later made on 27th April. Uptill now the Canadian school is yet to receive it. What do I do?
        Do I get someone in US or Canada to pay on my behalf.

  2. Please I want to know what an invoice is, because I used form A to pay part of the fee, when I went the second time, to pay CBN rejected it saying they need an invoice attached, I have no idea…

  3. Good day, I would dis platform has been really helpful, I’m trying to pay my fees to a university in the Uk..they said they are partners with Western Union Business Solutions. Tried using it but first bank and zenith said they don’t do that kind of transaction..I had to call the school for their bank details which they sent to me, I filled my Form A already but my questions are: 1)Do I get the Telex copy immediately 2) Will they use the black market rate or the official rate? I followed your advice I’m paying 4months before deadline

    1. Once the payment is made, get the telex copy. The payment might or might not be done immediately, it depends on the bank. Find out from the bank. They will use the official bank rate.

      1. I’m using Zenith bank and the official CBN exchange rate for pounds is really high.. the bank said 490.. is this ryt
        Thanks..

  4. please, how can I pay fees with my dollar Visa Gold card, issued by first bank. I have a domiciliary account with them. I am already in Russia. All the substantial amount for fees is in the card. I have online banking platform withe bank too. how do I go about payment as authority is no longer allowing me freedom.
    Thanks

    1. You need to find out the different payment methods from your school. This will help determine if your dollar Visa Gold card will work.
      I’m afraid; I may not be able to ascertain that considerable other factors which may come into play.

  5. pls, may I know how long it takes Zenith bank to effect my Tuition payment to be made on the 9th of october? Destination is New Zealand. Thank you

  6. Good evening Emma. Please how much is the Cbn exchange rate to pay school fees abroad. And is there any related charges. As well as how long does it take to process the transfer

  7. Good afternoon, I would like to know the documents required for Form A. My bank is insisting I drop my university certificate before they do the transaction. I’m of the opinion this isn’t necessary. All that is need is the admission letter from the school and the invoice. Am I wrong?

  8. Hello Emma, very good work here really helpful and problem and solving, please I want to know the role of cbn in getting money back when you decide to cancel a transaction while paying with westerunion business solution for school fees to Australia. I wanted to pay the school fees for Sydney university but it didn’t go according to the bank and now I want to pay for flinders but they keep telling me that the money is with cbn and they are waiting for cbn to return it, please explain to me how cbn can hold the money and for how long. Thanks.

  9. Hello Emma
    Please.. can I withdraw pounds cash in UK with a dollar card of a *dollar* domicillary account I opened in Nigeria?
    thanks…

  10. thank God ooo, first Bank sent me my TELEX COPY today, is dat shows dat the school has received the payment

    1. Hello Sulaimon.
      Please can you confirm if your school has received your payment because i just got my telex copy from my bank today but do not know yet if the school has received the payment.

  11. EMMA good day sir,
    is there any way I can track my FORM A status to check whether it has been treated or not

    1. Hello Sulaimon Babatunde,
      Your School should be able to send you an acknowledgement message confirming the reception of your school fees payment once it reflects.
      If you don’t not receive message from them after 7-14 days, please contact your school to find out what happened.

  12. But is like u said the money will be credited to the school account immediately they ve debited us

  13. Hello Emma,
    I paid $2000 through “FORM A” yesterday and First Bank deducted my money today, as they have deducted my money today, how long will it take the payment to reflect in the school account

      1. But is like u said the money will be credited to the school account immediately they ve debited us

          1. yes u said it see it here

            JULY 28, 2016 AT 2:54 PM
            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?
             REPLY
            JULY 28, 2016 AT 4:36 PM
            Hello Habila Haziel,
            Your university account will be credited immediately once your bank has debited you. CBN will NOT send any email to you.

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