Find your University
Check if your school uses Sproutly and is eligible for Cowri Credit payments
How it works
Eligibility
Apply for Tuition credit or Payment plan. Follow easy steps to verify your eligibility by providing required details and documents to aid the process.
Receive funds
After verifying your status, a credit limit is assigned to you to be used for various school fees payments with a repayment plan of your choice.
Repayment
Initiate credit repayment in accordance with the negotiated flexible repayment schedule.
Cowri is for you
You can enjoy paying college tuition with Cowri if
- You attend a University that uses Sproutly
- You provide details of a reliable Cosigner
- You confirm your eligibility via the mobile app
- You have a good payment rating and history
- You link your account for Autopay
- You have good credit use and repayment history.
Equated Monthly Installments Calculator
Calculate the cost of your loan
EMI Calculator
Equated Monthly Installments Calculator
Calculate the cost of your loan
EMI Calculator
Why Cowri?
Designed for Private School Students
Cowri is designed as a one-stop credit payment solution for African parents to never delay tuition payment to schools.
Access up to 14% of your annual income
You can access up to 14% of your annual income for tuition credits and even more with a strong co-signer. We do not need collateral, just your tuition payment data.
Flexible Loan APR, No Collateral.
Our loans and do not require collateral and rates are determined by your payment rating, credit score, gambling history, etc.
Lower APR with Autopay
Autopay or direct debit repayments on loans will attract an APR discount and other benefits.
Flexible Loan Repayment Structure
The repayment structure spreads out over 4 months in the following percentages:
- • Average loan amount per term: ₦1,000,000
- • Cowri Loan Interest Rate: 8% per term
- • Total repayment per term (tuition + interest): ₦1,080,000
- • Loan Tenure per Term: 4 months
Cosigning Cowri
A cosigner can improve your credit limit and reduce your interest rate.
Want more credit and a lower interest rate? Cosigners with good credit and financial history can help the outcome and your Cowri application
We are here to help.
Reach us any time to talk about Cowri.
Got Questions? Our expert support team is ready to answer your enquiries about Cowri credit payment and even assist with applications and onboarding your school into the Sproutly system.
You may reach us via email and WhatsApp chat; If you prefer to speak to a support expert, call 02016335000
Frequently asked questions
Everything you need to know about Tuition Payment Plans
What is Cowri?
What is Service Fee?
Who is Eligible?
Can I Access Cowri for all my Billing Accounts (Students/Kids)?
How do I Subscribe for Cowri?
Access Tuition credits with super low service charge
Pay tuition invoices with ease and spread your repayment plan- all on us
What are you waiting for?