Acceptance documents together with equity threshold of 10%, details of security, payment at interest only during period of study.

  • Maximum period 10 years.
  • Interest rates range between 8.5% and 12%.

Rates and other terms are subject to change from time to time without notice.

Requirements

  • 10% of loan request as share savings
  • Acceptance from school
  • Details of tuition fees, accommodation costs, living expenses, clothing and other expenses
  • Study leave approval letter
  • Most recent transcript if already enrolled in school
  • Employment letter
  • Current Salary slip
  • Last 2 years Financial Statements (Self-employed)
  • Collateral
  • Photo identification
  • Full payment from inception
  • Disbursements are made over period of study
  • Transcripts or grade slips must be submitted before receiving further disbursements.

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