UAE Parents Struggle with Rising School Costs as Flexible Payments Gain Traction
A recent survey involving over 2,800 parents in the UAE highlights the growing financial pressure associated with education costs, revealing that 88% of families find it difficult to manage school fee deadlines. With half of these households struggling to pay annual tuition in a single lump sum, there is a clear demand for more manageable payment structures. Consequently, a vast majority of parents—roughly 97%—have expressed a strong interest in utilizing flexible payment plans, which would not only ease their monthly budgeting but also allow children to participate more fully in extracurricular activities and school programs.
To address these concerns, financial services provider Tabby has teamed up with the education platform Zenda to introduce interest-free, installment-based payment plans. This partnership allows families to spread the costs of tuition, transport, and other school-related fees over a period of up to 12 months, effectively removing the stress of large upfront payments. By integrating these solutions into more than 100 educational institutions across the UAE, the initiative aims to stabilize cash flow for schools while providing parents with a transparent, stress-free way to manage their children's education expenses without hidden fees.