It is, but at 10k seals, its not exactly usable if you say, want to do stuff as summoner while queueing as a scholar, and swapping every hour, or even every day.

Iirc the best fates give 250 seals (I think the best leves give 200 or so), so it will take you at least 40 FATEs, which is like 2 extremely mindnumbing hours if you want to go that way.