| Use |
To provide a viable means to afford paying school tuition fees
|
| Designed For |
Parents of school students |
| Loan Period |
Term loan repaid over 11 months years through equal monthly installments
The first payment starts one year after graduation
|
| Interest Rate |
12%
|
| Conditions / Eligibility |
Letter of acceptance from the school that also clearly states the annual tuition fees
If the applicant is an employee, then a certified salary statement is needed |
| Edge |
Enables parents to give their children a better future without worrying about financing or difficult to get scholarships
Fast loan approval and easy repayment plan
|
| Benefits |
Fixed interest rate scheme possible
No account fees
No file fees |