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).