Students Loan: How To Access Over N100,000 Students Loan


A student loan is a sort of loan used to help students pay for post-secondary education and associated costs such as tuition, books, supplies, and living expenses.

Benefits Of Students Loan

Taking out a student loan has numerous advantages. Here are a few examples:

  • A student loan can assist you in covering the costs of tuition, textbooks, and other school-related expenses.
  • In the event of an unexpected financial emergency, a student loan can provide you with financial protection.
  • A student loan might assist you in meeting your living expenses while you are enrolled in school.
  • While you are in school, a student loan might offer you with a steady source of income.

How To Access Bank Students Loan In Nigeria

You will access Students Loan in some other Nigerian commercial bank below.

  • Access Bank
  • Guaranty Trust (GT) Bank

Access Bank Students Loan Summar

  • Interest rate of 20% per annum
  • Only 1% of the total cost is charged as a management fee.
  • Repayment might be spread out over a period of 4 to 6 months.
  • Fees are easily remitted to the school.
  • Refinancing is an option.

Access Bank Students Loan Requirement

  • Valid mean of Identification
  • Institutions Admission letter
  • Letter of acceptance offer and terms sheet
  • Tuition invoice
  • Credit checks
  • Loan application must be completed

GT Bank Students Loan Summary

  • Advance on school fees of up to N5 million. Per request,
  • Loan maximum tenor is four months
  • Interest rate is really competitive. Principal and interest repayments are made in equal monthly installments.
  • Immediate access to funds for the prompt payment of your child/wards school fees.

GT Bank Students Loan Requirement

  • The application form
  • Employer undertaking
  • School bill with details of the schools bank account (Tuition Invoice).


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