From new shoes and blazers to PE kits, bags and stationery, going back to school can soon add up. If you need help with school uniform costs, Northern Community Bank’s £500 Family Loan could help make the sums a little easier.
No sooner have the words “school’s out for summer” rung out than the back-to-school posts start popping up everywhere.
And for parents, that means one thing: time to sort the uniform. Actually, make that two things. There’s the stationery as well. Oh, and the new PE kit. Shoes. Bag. Calculator. Before you know it, the shopping list is starting to look more like homework.
And that’s just for one child.
The average total uniform cost is around £343 for a primary school pupil and £442 for a secondary school pupil, including PE kit. So, it’s hardly surprising that plenty of families need a little help with school uniform costs. Those bills can also arrive after a summer of days out, holidays and keeping the kids entertained. Our £500 Family Loan is designed to help spread the cost rather than having to find everything at once.
A £500 helping hand before the school bell rings
Northern Community Bank’s Family Loan and Saving Scheme has already helped thousands of families with those back-to-school expenses.
It can provide up to £500 to help with school uniform costs and all those extras that tend to sneak onto the list. Because, as every parent knows, a new uniform rarely means just buying a couple of shirts and calling it a day.
We assess what you can afford rather than carrying out a credit check, with repayments made using your Child Benefit. Repayments are tailored to keep them affordable, and you can apply online through our website or secure mobile app. We’ll usually give you a decision within 48 working hours too, so there’s no need to leave everything until the night before term starts.
Get ahead of next year’s uniform list too
Here’s where our £500 Family Loan does things a little differently.
As well as getting help with school uniform costs now, our Save as You Borrow approach means you make regular savings alongside repaying your loan. So, while your loan balance comes down, your savings pot starts going up.
Keep at it and, by the time next summer rolls around, you could already have some money put aside towards the next round of uniforms. That deserves a gold star in our book.
Because Northern Community Bank is not-for-profit, we can put more emphasis on keeping repayments manageable rather than chasing big profits. And if you stick to your repayment schedule, it could also give your credit score a useful little boost along the way.
When the back-to-school list starts getting longer and the total at the bottom starts getting bigger, you don’t have to tackle it all in one go. Our £500 Family Loan can help with school uniform costs now, while Save as You Borrow could leave you better prepared when next September comes around.
