Family Bank Back School support helps parents manage fees, uniforms, books and cash flow pressures with ease.
The start of a new academic year can bring routine to families as children go back to school. However, where finances are concerned, January becomes a very stressful month for many homes.
This is the month when school fees are due, with a very short deadline window. Besides replacing uniforms with new ones, families also need to get new books, stationery, and transport arrangements. Parents and guardians also need to pay for other essentials before the new term starts. Now here’s the thing with school-related expenses: they arrive all at once alongside other household expenses, and the unfortunate reality is that they do not always align with when income becomes available, such as salaries, contract payments, and business earnings, which may come much later in the month. This mismatch creates a gap that puts a strain on the household’s cash flow.
This situation places many families under immediate financial pressure during the back-to-school season.
One thing to note is that school-related payments are not always flexible, especially at the start of the new term, since fees have to be paid for children to report to school on time, and supplies need to be in place from the first day. When these expenses are delayed, children’s learning is disrupted, and it also adds unnecessary stress at home.
This is the reality for most homes that rely on staggered income. To manage household finances during this period, families need access to practical banking tools that help them pay for what they nARYTeed on time without ruining the month’s budget.
Family Bank offers everyday solutions that are designed to support families through these moments.
Parents and guardians can use Family Bank’s Mastercard to securely and conveniently pay school fees while also handling back-to-school shopping. This card can be used for both in-store and online purchases when buying new uniforms, books, stationery, and other essentials, reducing reliance on cash during this high-spend season.
Family Bank also offers short-term financing options to help families bridge timing gaps responsibly. These include Salary Loans, which are available to eligible customers whose income is processed through the bank and allow larger expenses such as school fees to be repaid over an agreed period. Salary Advances support immediate needs by providing short-term access to a portion of expected income ahead of payday. The bank also offers PesaPap mobile loans, which are quicker-access, smaller credit options that can be accessed by dialling *325# or through the PesaPap app. These mobile loans offer support for urgent or unplanned school-related costs.
With these digital tools, families can stay on top of school costs and make payments smoothly, especially during times when cash is tight.
Customers also have access to Family Bank’s nationwide ATM network, which ensures they can withdraw cash easily for everyday school needs or other smaller purchases.
It should be noted that January expenses are not optional. They are essential, and it is important to have banking solutions that are simple, secure, and widely accepted to help families meet these responsibilities with greater ease.
Family Bank’s transactional accounts, digital banking channels, ATM access, and payment cards work together to provide this much-needed support. Each plays an important role in helping families manage high-pressure periods such as the back-to-school season with greater confidence and control.
Reducing financial friction at the start of the new term by paying school fees on time and preparing essential school supplies allows families to focus on helping their children settle into the academic year. This also eases stress and creates a more stable foundation for the term ahead.
Parents and guardians can visit their nearest Family Bank branch or explore the bank’s digital channels to learn more about everyday banking solutions designed to support families not only during the back-to-school season, but beyond.
Family Bank continues to support Kenyan families throughout the year by offering dependable banking solutions that respond to everyday financial realities.
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