Abroad School Fees ▷ The Right Ways to Pay from Nigeria

Lot of international students are concerned about how to pay school fees abroad from Nigeria, because once Nigerian students secures university admission abroad for an undergraduate degree programme or postgraduate programme (PGD, MSc. Ph.D.), they are given a certain period to make school fees payment, and late payment will cause a withdrawal of the offer.

If you are a student worried about how to pay school fees abroad from Nigeria and documents needed for the process, this is the only article to read today.

You will learn the best ways you can pay your tuition fees before the deadline in the United States of America, the United Kingdom, Canada, Austria, Australia, Germany, Netherlands, Sweden, New Zealand, India, South Africa, Ghana, Egypt, Ethiopia, China, Japan, Malaysia, and perhaps anywhere else in the world.

Getting started…

Best Ways to Pay School Fees Abroad from Nigeria

These are the best ways to pay school fees abroad from Nigeria.

1. Through the Use of CBN e-Form “A” Website 

Form A was designed by the Central Bank of Nigeria (CBN) to pay for service transactions, such as school fees, medical bills, training courses, and mortgages.

The CBN allocates and disburses a certain volume of foreign currency to all commercial banks in Nigeria weekly.

These banks are then instructed to sell the foreign currency at authorized prices to Nigerians who genuinely need it.

With Form A, customers in Nigerian banks may purchase these foreign currencies at CBN or interbank rate as opposed to the black-market rate, which helps a lot if you are looking to save some funds.

You only qualify to use this method if:

  • You’re a Nigerian.
  • You’re paying for school fees or training abroad.
  • You have an unconditional admission letter from the institution abroad.
  • Tuition fees limit is $15,000 per semester.
  • Upkeep fees limit is $5,000 per semester.

Here are the steps to pay your school fees abroad with e-form A using the CBN website:

  • Fund the source account with an estimate of the school fees Naira equivalent. The source account could be yours (the student) or a sponsor. It is this account that will be debited for the transaction to pay your school fees abroad.
  • Visit the CBN’s Trade Monitoring System Portal.
  • Register with your BVN (individual) or TIN (organization).
  • An OTP will be sent to your registered email.
  • Verify your email.
  • Login and choose Educational Fees.
  • Fill the fields.
  • Upload the required documents.
  • Submit.

After submission, a prompt is sent to your preferred bank, who reviews the transaction and processes it further.

This process is subject to the bank’s availability of FX.

List of documents required to process school fees payment abroad through Form A:

  • Your valid international passport.
  • Your foreign school admission letter.
  • Payment invoice stating the school account/IBAN number and amount to be paid to the institution.
  • WAEC result (for undergraduate’s school fees payment) or first degree certificate (for master’s students).
  • Sponsor’s identification document (if the student is paying through a sponsor) e.g. international passport, voter’s card, driver’s license, or NIN.
  • For a post-graduate applicant, you must include your first-degree certificate.
  • Bank Verification Number (BVN).

The only disadvantage of using CBN Form A method for abroad school fees payment is that the processing time is highly subject to the bank’s FX situation.


  • When filling the Form A, in beneficiary information – provide details of the organization receiving the foreign exchange.
  • If you’re trying to register on the site for Form A by entering your BVN and it says OTP has been sent to your mail – check your mail inbox, promotion, junk and spam folder.
  • After getting approval via the trade system portal, payment of school fees to your school abroad takes around 1-2 weeks.
  • After filling the form finish, you will receive an email with the AF-number in it when you submit the application.
  • If you filled the Form A already and it has the status: disbursement supervision, with a note under it saying rejected insufficient fund, please start a new application. Ask your bank for their exchange rate, which is at about N415/$ currently (est./confirm) and fund your account sufficiently.
  • To get the AF number, you will send to your bank after filling and submitting the Form A online. Just login, go to Form A and select history.
  • If no branch is shown under your processing bank, clear your cookies and try again.
  • In the payment mode section, select Telex or Swift.
  • Telex is usually ready 24 hours after the transaction has been completed.
  • Once your account equivalent is debited, the telex will be made available by your bank once the fund is completely transmitted. So, keep contacting your bank for the telex.
  • Apart from the initial declaration payment of ₦5,000 for Form A, if you’re paying school fees/medicals, you will still have to pay the transfer charges.
  • If FX is not available in the bank of request, cases can last up to 2 weeks.
  • You can pay your tuition fee through the TRMS portal if you’re currently in the UK.
  • If your school’s payment is online (no bank details), you can still make use of the Form A. Just contact your school to provide their IBAN or account number.
  • After following the procedure and still yet to be debited and your stage still shows ABD_REVIEWER, it means the first level reviewer has not opened the application. Continue to follow up the bank with your AF-number, while also emphasizing on your deadlines.
  • If you submitted the E Form A and it’s been showing ADB Reviewer for days, you can cancel and create an application with another bank that has FX.
  • In case you fill out the Form A and later saw feedback stating that you need to attach your school invoice, if it was rejected, start a fresh application. If it wasn’t, just upload the outstanding document.
  • If status reads: recommended for rejection (incomplete documentation), create a new application, and follow up with your bank.
  • After being debited in naira, and your university hasn’t yet received the funds, you can request for the telex copy of the transaction and forward it to the school as evidence of payment.
  • If you decide to end the payment process, and are not interested in your school admission anymore, get your school to issue a refund.
  • Banks rate for foreign school fees differs and how fast they will transfer the money depends on the volume of the money they have to transfer and their services.
  • The maximum limit of forex you can buy for school fees abroad per semester is USD $15,000 or its equivalent in Pound Sterling or Euro and the fees will be paid directly to the institution’s account.
  • Be a customer of most of the Nigerian banks to make school fees payments to institutions abroad.

2. Domiciliary Account

If time is against you and you need your school to get tuition fee payment within a day or two, using a domiciliary account is your best bet to pay your school fees abroad from Nigeria.

The good thing about this method is that the school abroad receives your payment within 1 business day.

A domiciliary account is basically an account that holds foreign currencies while you are in Nigeria.

This method is normally expensive than Form A because of BDC rates.

Here, open a domiciliary account or use a domiciliary account of someone you know to make the payment for your school fees.

If you already have an existing domiciliary account, all you need to do is:

  • Fund your account with the amount that will cater to your school’s fees and banking charges.
  • Present to your bank the admission letter from the foreign tertiary institution.
  • Get Form A to fill the details.
  • The account will be debited.

You can either complete the transaction from the comfort of your home using your bank mobile app, internet banking, or by visiting a bank branch to start the transaction.

You need to have extra money on your domiciliary account for bank transfer charges.

The bank charges include a telex transfer charge (optional but necessary), off shore charges and £10 if the correspondence bank needs to deduct.

Also, for transferring monthly upkeep for international students, parents, sponsors and guardians could make transfers from their personal domiciliary account.

READ ⇒ 5 Best Banks In Nigeria To Open Your Domiciliary Account Today

3. Payment Agents

Paying your school fees abroad from Nigeria using local and international agent is also quick, although risky because of the involvement of a third party.

To do this, ask around for agents in Nigeria or abroad and they will make the payment for you while they collect the Naira equivalent.

Final Words

Form A is the best way to pay for tuition fees abroad from Nigeria because it is cheaper and very secure as you will be debited for the transaction at the bank’s rate only.

Payment via domiciliary account is okay too, but a bit more expensive.

Hope you learnt a lot from this article?

Now go sort out those school fees so you can get your final acceptance documents.

If you have questions, comment below.

I wish you academic success.

READ ⇒ e-Form A ▷ How To Apply Online For Foreign Exchange Today

Show More

Saint Chinedu

My GOAL is to equip you with the right strategy and working information to improve academically, financially and also achieve a healthy lifestyle this year.


  1. Good Day Siwes Beginner,
    I was reading in your page the processes of paying school fees in Abroad, I must commend the good work you’re doing.

    I have a pending case. I’ve done Form A Application for my brother’s tuition fee, and it’s 2weeks now, yet I’ve not been debited. The application has been in ABD_reviewer stage for 2weeks. Now my questions are:

    1. When will the 5k for the form A Application be deducted from my bank? Do I need to go to my bank to pay it before the main money is deducted alongside other charges?

    2. During the application, I selected Electronic Transmission instead of Swift or Telex, would that affect the application approval?

    Thanks. Will be waiting for your response.

  2. Good day sir
    My form was rejected because it was not funded
    Now I have fund my account
    What do I do?

  3. I have challenge in getting OTP after inputting my BVN into form A. I checked Junk, spam, inbox etc, what could be the challenge?
    This write up was useful. Thank you


  5. Thanks for educating me on this. I filled the form a, and I have been given an AFnunber of which it has been submitted to my bank but am yet to be debited and its 3weeks now.

  6. My questions are
    1. how do I send money to a brother in UK for his upkeep allowance using form A?..I want him to receive it in his student’s account.

    2. A friend processed form A, though it’s already at disbursement stage for like 5 days now? While he was filling the form A online he selected option “No” for “available for Forex?” .

    Any implication?

  7. what happens when i use my almost expired passport number and later i want to use the new passport number?

    1. Good day sir, thanks so much. Pleas my Form A application was recommended for rejection and rejected due to incomplete documents but I was given a space to attach the document and I re-submitted the application after attaching the documents. Please is this okay? Or I need to start the whole process again?

  8. During the filling e Form A. I was asked mode of payment, I selected Electronic transmission instead of Telex or Swift. Hope this won’t affect my application approval now.

  9. I fill in the A form online going to a week now,and I have not heard anything from the bank,I have a dead line for me to pay my school fee,pls was your advice?

      1. Thanks for this great information.

        Pls is it possible to change from one Bank to another after my Form A has been approved?
        I initiated September and got approval on Oct 5, but has not been debited since then, and the school fees payment deadline is due. pls what can I do.
        thanks in anticipation

  10. What if my name is different from the name on my account and BVN but have a marriage certificate, news paper and court affvidafit charge of mane. Hope my transaction will be granted.

    1. I uploaded my form A document, 2 weeks after I contacted my bank and gave them all my documents and my Form A application but its been a total of 3 weeks now and it is still on ABD_Reviewer I contacted my bank and they said all documents are uploaded . If I cancel via GTbank please what other bank can you recommend?

  11. ‘To get the AF number you will send to your bank after filling and submitting the Form A online, just login, go to Form A and select history’.

    Please how will the AF number be sent to my bank.

    Thanks for your very useful guidance on paying of school fees abroad.

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button