Frequently Asked Questions
Clear answers about membership and participation.
These answers reflect the current approved public information for the EduWealth website.
What is EduWealth?
EduWealth Cooperative Society is a member-owned cooperative structure for registered school owners and education entrepreneurs, focused on collective strength, stronger institutions and sustainable wealth-building opportunities.
Who can apply?
Registered school owners and education entrepreneurs who share the Society's values, accept its rules and complete the formal approval process may apply.
Is membership automatic after I apply?
No. Application, document submission or payment does not by itself guarantee membership. Admission is subject to the Society's requirements and formal approval.
How much is the membership entry charge?
The current approved membership entry charge is ₦70,000.
What is the monthly contribution?
Current source materials describe a planning contribution of ₦50,000 and above monthly, subject to the formally approved amount, due date and contribution schedule.
Does EduWealth guarantee returns?
No. Planning figures and projections are illustrative. Returns are not guaranteed.
Are loans guaranteed to members?
No. Loan access is subject to eligibility, available funds, credit assessment, affordability or cash-flow review, applicable security requirements and approved lending policies.
What other member services are described?
Member services include referrals and business promotion, school-fair and visibility opportunities, training, consulting and networking.
How is EduWealth governed?
The governance structure includes the General Assembly, Board of Directors, designated officers and specialist committees, with provisions for reporting, audit and oversight.
Can a liaison office approve my loan or change payment details?
No. Liaison offices cannot independently admit members, approve loans, guarantee returns, alter contribution terms, sign contracts or change bank details without written authority.
Where is the National Office?
No. 5 Abakaliki Street, Iyiagu Estate, Awka, Anambra State.
What is the official email?
eduwealthcooperative@gmail.com