By Mulengera Reporters
As the new school term approaches, Housing Finance Bank is offering timely support to parents, guardians and school administrators with tailored financial solutions designed to ease the expenses of the back-to-school season
From tuition to uniforms and school supplies, the start of a new term often comes with financial strain. To help manage these demands, Housing Finance Bank is availing flexible financing options that provide fast access to funds, competitive interest rates and convenient repayment terms—ensuring children return to school on time, without disruption.
Housing Finance Bank has simplified the school fees payment process through multiple channels including HFB branches, the Mobile Banking App, Corporate and Internet Banking as well as the USSD code *225#. Parents can also conveniently pay school fees using URA PRN codes or SchoolPay at any of the Bank’s 1,343 agent locations across Uganda, making the payment process smoother than ever. These options offer the flexibility and accessibility families need.
“At Housing Finance Bank, we understand that the back-to-school season can be financially demanding for many families and institutions. That’s why we have designed flexible, accessible solutions that ease the pressure and empower our customers to focus on what truly matters—supporting their children’s education and future,” said Patience Bayenda, Head of Products at Housing Finance Bank.
When it comes to schools, Housing Finance Bank is offering specialized collection accounts designed to streamline payments and simplify financial reconciliation. These accounts not only enhance operational efficiency for administrators but also offer flexible payment options for families. For school proprietors, they can secure working capital of up to Shs200m with HFB School Bridge Financing, helping them manage operational costs and bridge funding gaps at the start of term.
Yet HFB customers can take advantage of VISA Debit and Prepaid Cards for secure, cashless back-to-school shopping at leading retail outlets across the country. These cards make it easier for parents to track spending and manage their budgets.
Housing Finance Bank reaffirms its commitment to supporting education by offering accessible, relevant and impactful financial services. Families and institutions are invited to explore these offerings and enjoy a more organized, stress-free back-to-school season. (For comments on this story, get back to us on 0705579994 [WhatsApp line], 0779411734 & 041 4674611 or email us at mulengeranews@gmail.com).
