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About EdAid
EdAid is a UK-based financial technology company founded in 2011 by CEO Tom Woolf. It specializes in education financing and is regulated by the Financial Conduct Authority (FCA) since 2016. With offices in Dubai, London, New York, Sydney, and Toronto, EdAid serves students in 180 countries, aiming to reduce financial barriers to education.
The company offers flexible payment solutions, including deferred tuition plans that allow students to pay their tuition in manageable, interest-free monthly installments. EdAid partners with accredited educational institutions to ensure that payments are directed to the schools. Additionally, it has a registered charity, the EdAid Foundation, which reinvests repaid loans into new student funding, supported by Gift Aid for UK taxpayers. EdAid focuses on equitable access to education, particularly for students with permanent residency rights in their country of study.
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