Together we can empower a brighter future for our generation through our student Loans.

Features:

• This is formulated to support the education of intelligent less privileged candidates, who have already gained admission into the university within the Southeast Geopolitical Zone
• Tenor – Maximum of 5 years.
• Students must maintain a GPA of 3.5 in any academic year.
• Opportunity to work with the bank on graduation.
• Flexible terms & conditions.
• Variable

Benefits

• No collateral
• Access to funds for the prompt payment of children’s school-related expenses.
• Flexible repayment structure
• Low-interest rate

Documentation Required

• Dully completed application for the loan
• Letter of consent from the guardian/parents of the student approving the loan.
• Letter of undertaking by the student ACKNOWLEDGED by THE UNIVERSITY VICE CHANCELLOR ‘ committing his/her degree certificate to UMFB.
• 2 Acceptable Guarantors.
• Life Insurance cover of the prospective candidate noting UMFB as the ‘first loss payee’ beneficiary.
• Valid identity card / passport photo
• 2 Acceptable guarantors
• Bank verification number