How Jump Finance Helped 400+ Students Stay Enrolled at UTG

How a tuition installment plan with the University of The Gambia helped hundreds of students stay enrolled, backed by a 90%+ repayment rate.

2/6/20241 min read

In 2020 many students at University of The Gambia (UTG) struggled to make tuition payments.

With no financial option, students faced high upfront tuition payments which led many to defer or entirely quit their studies, limiting their potential. This led to a lower graduation rate and loss of revenue for UTG.

Jump Finance partnered with UTG to help solve these problems.

Working with the UTG finance department, Jump Finance designed a customizable tuition plan for students that balanced flexibility for students and risk mitigation for University of The Gambia.

Jump Finance provides its student customers with a student portal where students can track their payments, and find resources for studying and labor market opportunities in our E-Library.

We provide UTG with a data dashboard where they can visualize students' repayment rate (90%+). We are currently planning an integration with their course registration software so that students who are up to date with installment plans are automatically eligible for enrollment.

4 years later, 400+ students have taken advantage of Jump Finance.

As our 300+ student customers can attest, having the option for financial installment plans makes a massive impact on their lives and helps them alleviate stress around studying. Over 20 of our students have already graduated and continue to make their repayments. You can learn more about how it works on our Universities page.

Further, our service drives efficiency in the finance department by helping track payments and providing finance officers with an option for their struggling students when scholarships are unavailable or underfunded.

We are proud to continue into our fourth year of partnership and look forward to years to come serving both the administration and students of University of The Gambia!

University of The Gambia School of Education building
University of The Gambia School of Education building

University of The Gambia School of Education