EduPay

Why EduPay?

Most students assume paying loans faster is always better — EduPay helps students pay smarter.

The problem: 75% of Plan 2 borrowers won't fully repay their loans before write-off. For them, overpaying is mathematically irrational. You deserve better information than "just pay more."

The EduPay solution: Three paths, tailored to your situation:

What Is EduPay?

EduPay is a financial layer built into Tutorwise. It's not a bank or an advisor — it provides financial repayment options you can choose from based on your situation.

• Awards EP for activity you're already doing (tutoring, referrals, rewards)
• Helps you choose the path that suits you for your situation
• Shows you exactly how your decisions affect your financial future

The Points Model

£1 of value received = 100 EduPay Points (EP)
100 EP = £1 of financial impact

EP represents value you've already earned. When you convert EP, you're directing money that's already yours to the destination that makes sense for you.

How You Earn EP

Student pays £100 for session
Platform fee (10%): -£10
Your earnings: £90
EP awarded: 9,000 EP (£90 × 100)

Referred tutor earns £90 from a session
Your commission (10%): £9.00
EP awarded: 1,350 EP (referral rate)

You spend £100 at a partner store
Merchant commission (6%): £6.00 to Tutorwise
Your EP reward (90%): £5.40 → 540 EP

Your EP Wallet

The EduPay Wallet widget in your sidebar shows:

EP Activity Feed

Your EP activity feed shows every EP event in chronological order. Each entry shows:

• Type badge (Earned, Converted, Bonus, Expired)
• Description — what triggered the EP award
• EP amount — how many EP were awarded
• GBP equivalent — the pound value
• Status — Pending / Available / Converted
• Date and availability date (for pending entries)

Filtering Your Activity

Use the header filters to find specific EP events:

• Search — find activity by description or event type
• Date range — Last 30 Days / Last 3 Months / Last Year / All Time
• Activity type — Tutoring / Referral / Affiliate / Gift Reward / CaaS Reward

Activity Tabs

Loan Impact Projection

Set up your Loan Profile to unlock personalised projections — and see which path makes the most sense for your situation.

The Loan Impact widget shows:

• Years earlier you'll be debt-free (if you pay directly)
• Total interest saved (projected)
• How ISA/Savings compares for your situation

Setting Up Your Loan Profile

If you haven't set up a loan profile yet, you'll see a "Set Up Loan Profile" button on the EduPay page.

You'll need:

1. Your loan plan type (Plan 1, Plan 2, Plan 5, or Postgraduate)
2. Estimated current loan balance (£)
3. Your annual salary (used for projection calculations)
4. Your graduation year

Once saved, your projection updates automatically as you earn more EP.

UK Student Loan Plans

Converting EP — The Smart Choice

Your Three Options

Conversion Flow

1. Click "Convert EP" in the EduPay header
2. Enter how much EP to convert (up to your available balance)
3. Choose your smart path — Student Loan, ISA, or Savings
4. Review your conversion details and projected outcome
5. Confirm — for Student Loan, you'll authorise via your bank

Conversion rate: 100 EP = £1.00 (no fees, no minimum)

Student Loan Payments

For Student Loan conversions:

• You'll be redirected to your bank via Open Banking (powered by TrueLayer)
• Authorise the payment securely — Tutorwise never holds your money
• The payment goes directly to your Student Loans Company account
• Set up your Loan Profile first to add your SLC payment reference

ISA & Savings Accounts

For ISA or Savings conversions:

• Link a provider (e.g., Trading 212 ISA, Chase Saver, Moneybox)
• See projected interest before you confirm
• Funds are allocated instantly (simulated during beta)
• Track your savings and projected interest in the EduPay dashboard

Savings & ISA Widget

If you've allocated EP to ISA or Savings accounts, the Savings & ISA widget appears in your sidebar showing:

EP Status Explained

Troubleshooting

Q: Why is my EP showing as "Pending"? A: EP from sessions takes 7 days to clear (same as financial earnings). Once cleared, it moves to "Available" status automatically.

Q: My session completed but I didn't receive EP. Why? A: EP is awarded once the payment clears. Check if the transaction is still processing in your Financials page. If the transaction shows as "Cleared" but EP hasn't arrived within 24 hours, contact support.

Q: How do I see my loan impact projection? A: Set up your Loan Profile first. Click the "Set Up Loan Profile" button on the EduPay page, or use the ⋮ menu → "Edit Loan Profile" if you've already set one up.

Q: Can I transfer EP to another user? A: EP is non-transferable. It's tied to the activity you personally generated on the platform.

Q: Does EP expire? A: EP does not expire during the accumulation phase. If expiry rules are introduced in a future update, you will be notified in advance.

Q: Where is the "Convert EP" feature? A: The "Convert EP" button is available in the header of the EduPay page. Click it to start the conversion flow.

Q: What's the difference between ISA, Savings, and Student Loan destinations? A: Student Loan pays directly to SLC via Open Banking. ISA and Savings allocate your funds to linked accounts where you can earn interest (up to 5.1% APY) before eventually paying your loan. Choose ISA/Savings if you want to grow your money first.

Q: How do I link an ISA or Savings account? A: In the conversion modal, select ISA or Savings as your destination, then click "Link an ISA" or "Link a Savings Account". Choose a provider from the list — we support Trading 212, Chase, Moneybox, Plum, and more.

Q: Can I withdraw from my ISA/Savings to pay my loan later? A: Yes. Funds allocated to ISA/Savings can be withdrawn at any time to make a Student Loan payment. This feature is coming soon — for now, your allocations are tracked in the Savings & ISA widget.

Q: Why can't I select ISA or Savings? A: ISA and Savings destinations require you to link a provider first. If you see "Coming Soon" on these options, the feature may still be rolling out to your account.

EduPay Navigation

EduPay is a top-level feature in your sidebar with three dedicated pages:

Cashback Rewards

The Cashback page shows all your affiliate rewards earned through partner shopping. Use the filters to search by retailer, filter by date range, status (pending/confirmed/declined), or category (fashion, food, electronics, travel, entertainment).

Savings & ISA

The Savings page displays all your ISA and savings account allocations. Filter by account type (ISA/Savings), provider (Trading 212, Chase, Moneybox, Plum), or date range. See your total allocated amounts and projected interest earnings.

Quick Links

• EduPay Wallet — View your EP wallet and make smart choices
• Cashback Rewards — Track your affiliate cashback earnings
• Savings & ISA — Manage your savings allocations
• Financials — Your earnings and transaction history
• Referrals — Build your referral network for more EP
• CaaS Guide — Improve your credibility score for bonus EP
• How to Get Paid — Understand your earnings and payouts

Your Skills. Your Choices. Your Progress.

EduPay isn't just about paying off debt — it's about making smart financial decisions with the value you create. Every tutoring session builds your EP balance. Every conversion is a choice you made about your financial future.