Founded in 2023 and based in Durham, NC, Ray is dedicated to making early childhood education more affordable for all parents. Our mission is to support parents in providing quality education for their children.
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Spread education costs over time, reducing monthly financial burdens.
Best for kids 24 months or less from entering public school.
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Simple, clear, and straightforward payment plans.
Customers on average pay roughly $500 less per month than their current tuition.
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Simple application process, no hard credit check required to find out if you pre-qualify.
Transparent pricing with no surprise charges.
Adaptable plans to fit your financial situation.
We work directly with your school to prepay tuition on your family's behalf.
Dedicated customer service for all your needs.
Stay informed with the latest news and updates from Ray. Learn about new features, customer success stories, and tips for managing education costs effectively.
Learn MoreNo, Ray prepays tuition directly to the school. You will only need to pay Ray during the prepaid period.
You need a 660 credit score or proof of on-time payments to your early childhood education provider for the past year. Additional documentation may be required.
Ray will work with the school to refund the unused portion of prepaid tuition if possible, crediting the outstanding balance owed to Ray.
Yes, prequalification checks do not affect your credit report or score.
No, schools only receive prepaid tuition. Ray is an independent third party.
Ray charges a low interest rate to parents, aiming to be the most affordable option for lowering monthly education costs.
There are no application fees or junk fees. A small late fee applies if payments are not made on time after a grace period.
Yes, Ray can help lower your out-of-pocket costs regardless of your situation.