[ Join Clad ]
for guaranteed
tuition payments.
Your school’s income guaranteed, on time, with zero payment fees.
The capital
[ your school ]
needs.
Clad selects and supports schools with guaranteed income, free software and working capital.
Why schools love Clad
“Only those who are – or were – a school leader know what it's like to have no predictability over cash flow and have to deal with issues such as late payments, instead of dedicating themselves to the school’s strategic projects.”
Danilo Costa
Former School Principal, founder of Educbank and co-founder of Clad.
More income, higher enrollment
[ with peace of mind. ]
Schools that join Clad enjoy guaranteed income schedules, free school software, and zero transaction fees (including for credit cards) – all backed by the highest quality banking partners.
Clad is a financial platform for selected private schools. We guarantee your tuition payments in full, on time, whether a family pays or not.
Great schools:
We support you.
Built together.
Better for Families.
Better for Communities.
Why Parents Love Clad
Schools supported by Clad can offer parents flexible payment schedules, a simple and easy payment gateway without account fees, and the highest data security standards.
Parents who make payments through Clad pay no transaction fees for credit cards or ACH payments.
How to Apply:
Step 1: Inquire about Membership.
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Step 2: Financial review process and approval.
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Step 3: If approved, sign agreement and integrate our payment gateway.
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FAQs
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The first step is to apply to our selection process and complete your registration. After that, Clad will schedule a meeting, and your school will confidentially undergo a data analysis.
If approved, your institution will receive financial support and guaranteed income from Clad.
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Clad understands that each school has a unique profile and needs. We confidentially review your school’s history and data, and will calculate a fair take rate on tuition and fees (always lower than your school’s late payments ratio). In return, your school receives guaranteed tuition and fees, predictable income schedules, free software, and no late and missed payments.
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Clad's financial support is intended for schools serving all grades from preschool to 12th grade.
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No. Clad provides a friction - and fee - free platform for families. Unlike other payment platforms, Clad schools provide families with no account or transaction fees for their tuition and fee payments.
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Clad intends to build long-term relationships with member schools.
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Yes.
The fee is calculated based on the school’s profile. Therefore, a school with low default rates will have an attractive fee with Clad.
With the financial support, the school gains predictability, stability, and security, receiving extra funds. This allows for improved cash flow, long-term strategic planning, and the realization of projects such as renovations, expansions, new materials, and other improvements.
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Clad takes on the risk for the school. In cases where defaulting students leave, the loss is borne by Clad.
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Yes, Clad supports private schools serving students from preschool to 12th grade.
Our financial sponsors
Clad is a Public Benefit Corporation, backed by institutional sponsors who share our commitment to support great schools, so they can transform education.
[ Who we are ]
Clad is a pioneering company that has created the first and leading financial platform for private schools in the United States. On a single platform, schools benefit from predictable cashflow, access to accurate data, and full financial control with guaranteed income.
Clad’s co-founders are internationally recognized leaders in education and innovation.
Danilo Costa
Elected by MIT as one of the most innovative leaders in Latin America under 35 years old. Appointed by Ernst & Young as Entrepreneur of the Year 2022. Elected by Meaningful Business as one of the 100 leaders who combine profit and purpose to help achieve the UN Global Goals. Member of AWS EdStart (Amazon's international program for accelerating educational technology projects) and Google for Startups Cloud Program. Elected by Endeavor as an Scale-Up Outliers. 2023 winner of SXSW Innovation Award. Elected by World Biz Magazine as of the Top 100 Innovation Leaders of 2023. Appointed by CIO Times in the annual listing of the Most Influential Leaders in Business 2024. Ambassador for innovation and entrepreneurship at the London School of Economics (LSE). Danilo has raised over US$120 mm in his edtechs. His latest company, Educbank, was acquired by NASDAQ: VSTA
Christopher Wilson
A distinguished graduate of the University of Maryland and Stanford University, Chris is an internationally recognized school and edtech leader, having served as Head of several independent schools, including Esperanza Academy, the Bement School, and Peoria Academy, as well as leading Sora Schools, the award-winning online school, all of which have experienced transformative revenue and program growth under his leadership. Chris has designed and executed fundraising campaigns in both the not-for-profit and business spaces, designed and led strategic initiatives to drive revenue and customer growth, and serves as a trusted advisor to schools, leaders, and boards across the US, including having served as a trustee for the Association of Independent Schools of New England and as president of the Junior Boarding School Association.