This This loan is to assist members take care of their education expenses; school fees of their children and dependants, tuition for their personal studies, training and development. Subject to availability of fund, a non-member may take loan but the loan must be guaranteed by a member of the cooperative. This loan shall be paid directly to the intended school/institution’s Bank Account and repayment shall be by regular deduction. Tenor and conditions of academic loans vary on individual basis.
How does it work?
- Fill an application form with a token of N1, 000
- You can register up to 4 children with one form
- Submit application form with the following:
- Your passport photograph
- Child Birth certificate
- Child passport Photograph
- 30% of School fees amount
- School fees is paid directly to the school’s account
You can fill the form below to access the Loan.