As the back-to-school season approaches, parents must ensure their children are well-prepared for the new term. Back-to-school involves financial preparation and providing the necessary support to help their learners succeed.
Practical Ways to Support Your Child’s Learning
- Set a Routine: Establish a consistent daily routine for your child that includes time for homework, relaxation, and sleep. This helps them manage their time effectively. If you have kids returning to boarding schools, they already have established routines at school. However, there is an opportunity to help them create their study and co-curricular activity timetables, focusing on the areas where you would like to see improvements based on previous term performance.
- Create a Conducive Learning Environment: Ensure your child has a quiet and comfortable space for studying. This can significantly improve their concentration and productivity.
- Stay Involved: Regularly communicate with your child’s teachers to stay updated on their academic progress. Please encourage your child to discuss their school day with you.
- Encourage Reading: Cultivate a reading habit in your child. This can greatly enhance their vocabulary and comprehension skills.
Financial Empowerment for Educational Success
In addition to the above points, providing financial support is crucial in empowering your child’s education. Equity Bank offers comprehensive financial solutions to ensure your child’s educational needs are easily met.
- Boostika: You do not need to worry about insufficient cash when making a transaction or payment. Boostika is designed to make payments easy even when you lack funds. When a customer’s account balance is insufficient to complete a transaction, such as when making a payment, sending money, or buying airtime using *247#, Equity Mobile App, or Equitel, Boostika allows them to seamlessly add the needed funds without exiting the payment process.
Imagine you’re preparing for the school season, planning to pay your child’s school fees and shopping.
You initiate the transactions using the Equity Mobile App, Equitel, or *247#; however, as you finalize your school-related expenses, you realize your account balance might not cover the entire cost.
Don’t worry! You’ll receive the BOOSTIKA prompt. This prompt displays your limit and the amount needed to complete the transaction.
Accept the prompt and the T&Cs. An SMS notification will confirm and complete the transaction. It’s that simple! Now, your school fees and shopping are hassle-free.
With a repayment period of up to 30 days, Boostika is perfect for parents who want to ensure their children’s educational needs are always met.
- Accessible Instant Loans: For those times when you need a financial boost, Equity Bank’s instant loans are readily available on your mobile phone. You can get a cash boost to cater to all your back-to-school needs, such as fees, payment, shopping, or related costs.
You can access a loan of up to Kshs. Three million instantly on your phone. You don’t have to fill in any forms or have any guarantors.
Moreover, you can monitor your loan balance and repay by dialling *247# on your current mobile line via the Equitel line or Equity Mobile App.
If not a “Member”, dial *247# and open an account at Hapo Hapo.
- Flexible Shopping Options: Equity’s range of debit and credit cards, including American Express Card, Mastercard, and VISA, simplifies purchasing school supplies. The newly enhanced prepaid card for students also allows for secure pocket money management. You can pay for your back-to-school shopping at supermarkets or fuel stations using Equity Debit or Credit cards. Use your Equity Mastercard, Visa or American Express Card to pay for goods and services at shops, supermarkets, restaurants, hotels, petrol stations, hospitals, salons, barbershops and any other outlets displaying the Equity, Mastercard, VISA or American Express (AMEX) sign. Paying with your Equity card is FREE!
Pay With Equity
- Paybill solution for schools: This solution enables you to pay from any payment channel, whether Mpesa, Airtel Money, PesaLink, Equitel, or Equity Mobile App, using the Paybill number 247247.
- Equity Till Number: You can send school fees directly to the school’s account and pay for shopping anywhere you see the Equity Till Number sign for FREE, e.g. at supermarkets, uniform sellers, bookshops, etc. All you need to do is input the merchant’s Equity Till Number. Pay With Equity is available when you dial *247# on your line, your Equity Mobile App and Equitel line.
Remember that paying an Equity Customer or Equity channel from your Equity App, Equitel, or Equity online is FREE. There is no charge.
- Multiple Payment Options: Utilize Equity Bank’s convenient platforms such as Equity Mobile App, Equity Online, *247#, Equitel or Equity Agents to settle school fees directly with educational institutions. With *247#, Equitel, Equity Mobile App and EVA Chatbot, you can pay for goods and services at supermarkets or uniform shops, check your account balance or pay school fees by sending money straight from your phone to the school’s bank account. It’s secure, simple and convenient. Dial *247# and activate your access to your Equity account. Pick your Equitel 5G SIM today at any Equity Branch or select Equity Agents, or download your Equity Mobile App today on Google Play Store or the App Store to experience back-to-school convenience.
You can also use the Equity Online platform, which lets customers do banking using their laptops or desktops.
Equity Online is a secure banking platform that enables you to pay school fees directly from your account to the school’s account.
You only need the school account number to pay, and the school receives the fees immediately.
By implementing these strategies and leveraging Equity Bank’s financial solutions, parents can empower their children to thrive academically and embrace the opportunities of the new school term.
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