Affordable and flexible education repayment plans are crucial in opening access to those seeking to enter the leisure industry, says the Australian Institute of Fitness (AIF).
AIF General Manager – Sales, Shane Neumann, said there was always a proportion of prospective students who struggled to fund the education they required to change careers into something that is rewarding, and they are passionate about.
“To increase the opportunity for students to study with the #1 Fitness educator, it was important that AIF could offer our students an affordable and sustainable payment plan for their education”
“Not everyone is in the financial position to reskill or upskill, which is why we have now partnered with ZeeFi, an Australian fintech specialist in education funding, to provide interest-free plans to students that can be repaid regularly and affordably over the duration and even beyond their course,” he said.
Mr. Neumann explained that ZeeFi’s Study Now Pay Later solution was also a win for education providers like AIF. Allowing them to grow enrolments and improve cash flow by receiving payment upfront.
“The application, approval and student management processes are simple and efficient,” he said. “ZeeFi manages the collections and deals directly with the students regarding their ongoing payments, this means we can reduce our time in administration and focus on our core business of education, training and student experience.”
ZeeFi CEO, Adam Olding: “Study Now Pay Later is part of our range of funding solutions designed to accelerate industry growth. We are pleased to partner with AIF as it opens access to greater employment opportunities for those wanting to join the industry.”
ZeeFi is Australia’s Fintech partner to the education sector. We’re experts in education, with a comprehensive suite of innovative products that are adaptable to both institution and student. Our business is based on building partnerships for growth.
This article was originally published in Ausleisure Magazine, 25 May 2022.