• Private university fees can now range from EGP 80,000 to over EGP 200,000 per year, depending on the program and institution. For example, the German University in Cairo (GUC) tuition reaches EGP 223,200 per year for Engineering and EGP 174,200 for Management Sciences. The British University in Egypt (BUE) fees start at around EGP 84,000 and exceed EGP 100,000 for certain programs. Other private universities like Misr International University (MIU) report similar ranges.
• K-12 education fees aren't that far behind. Many private and international schools now charge between EGP 35,000 and EGP 60,000 per year. Moreover, these schools have been allowed to raise tuition annually by up to 7% since 2022, following the currency devaluation.
• Private tutoring adds another layer of cost. 64% of school students attend private tutoring classes. With families often using multiple weekly sessions, especially during exam seasons, total annual expenses can easily reach tens of thousands of pounds per child.
• These numbers don’t even include uniforms, school buses, books, or extracurriculars. And for families with more than one child, the total cost is even more overwhelming. Paying school fees or affording university upfront has become a challenge that needs a more manageable and flexible way to handle.

In today’s economy, paying for an academic year all at once is becoming less realistic for most families. And due to inflation and currency fluctuations, the tuition fees you pay this year will most likely be higher in the next one.

The challenge doesn't lie solely with the total cost, but with how and when you’re expected to pay. Even when parents plan ahead, paying a large amount of money in one go at the start of each term often requires difficult financial trade-offs in the form of delaying home repairs, medical expenses, car maintenance, or a much-needed holiday.

For example, one child in a private school and another in university could cost well over EGP 200,000 a year combined. Without a payment plan in place, families may need to borrow informally or dip into emergency savings just to stay on track.

With large upfront payments becoming harder to manage, many families are now turning to payment plans that break down the cost across the academic year.

Traditional education bank loans are falling out of favor, often requiring extensive paperwork and interest rates that could reach 18%. That is why non-bank financial service providers, like Contact, are stepping in with more straightforward and more affordable alternatives.

Our plans offer interest rates around 9%, significantly lower than most bank loans, flexible repayment over 6–12 months, and instant approvals with minimal paperwork.

We’ve also signed agreements with several schools and universities to simplify the process even further. You can still apply directly and get the same benefits even if your institution isn’t already partnered with Contact.

As tuition costs continue to rise, education financing remains one of the most practical, low-risk tools for families. As Contact CEO Said Zater said in an interview with Enterprise Egypt, “No parent will send their kids to school without paying their tuition fees.”

Every parent wants to give their child the best possible head start. Every student wants the chance to keep learning and improve their lives. But with education costs growing faster than most incomes, even the most dedicated families can find it hard to keep up.

At Contact, we make it easier. Our flexible education financing plans are designed to help you cover school or university tuition with utmost ease and no hidden fees.

Explore how Contact can support your education journey.