This promotion is designed to serve existing members, as well as prospective members who may be pursuing studies at the undergraduate, postgraduate, doctoral, and accredited program levels. Currently, many persons opt to complete their studies through the mode of online distance education, while maintaining their full-time jobs.
Product Design
- Loan range: $30,000.00 maximum
- Interest rate: 7%
- Deposit- 5%
- Repayment Period: 10 years (120 months, maximum)
- Fees: $200.00
- Compulsory savings: $100.00
- Loans must be used for education at the tertiary level (Degrees and Accredited programs)
Qualifiers
- Membership
- Employment: 2 years or more
- Direct Deduction (mandatory)
- Documents- Job letter, pay slip, acceptance letter, and break down of costs