Student Loans
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.
