Bank PHB/British Council UK Educational Loan for Full Time Undergraduate as well as Postgraduate report inwards the UK
Study Subject: Any field
Scholarship Level: Undergraduate, Postgraduate
Scholarship Provider: Bank PhB
Scholarship tin live on taken at: UK
Scholarship Description
The Bank PHB UK Education loan is a partnership production betwixt Bank PHB as well as the British Council role inwards Nigeria. It is aimed at encouraging eligible Nigerians to report inwards the UK universities through the provision of instruction finance facility.
THE loan facility allows Nigerians to convey payoff of the instruction as well as career evolution opportunities available inwards the United Kingdom. It is available for undergraduate as well as postgraduate studies inwards universities recognized past times the British Council.
Requirements
Eligibility
Study Subject: Any field
Scholarship Level: Undergraduate, Postgraduate
Scholarship Provider: Bank PhB
Scholarship tin live on taken at: UK
Scholarship Description
The Bank PHB UK Education loan is a partnership production betwixt Bank PHB as well as the British Council role inwards Nigeria. It is aimed at encouraging eligible Nigerians to report inwards the UK universities through the provision of instruction finance facility.
THE loan facility allows Nigerians to convey payoff of the instruction as well as career evolution opportunities available inwards the United Kingdom. It is available for undergraduate as well as postgraduate studies inwards universities recognized past times the British Council.
Requirements
- admission offering inwards a UK University
- a sponsor who would assume the responsibleness of the borrower for the student
- opening an interest-yielding Education concern human relationship alongside Bank PHB as well as edifice it upward to 10% of the full fees required.
Eligibility
- Parents/Guardians who want to hand their children or wards character instruction inwards UK higher institutions. Such rear or Guardian volition get got regular root of income or acceptable convertible collateral (share or landed properties).
- Students who want to pursue higher instruction inwards the UK. Such pupil volition live on required to get got a sponsor (sponsor alongside convertible collateral). The sponsor shall assume the responsibilities of the borrower.
- Working individuals who wants to pursue whatever undergraduate or postgraduate course of report inwards whatever UK academy recognized past times the British Council.
- Open a UK Education Account inwards Bank PHB.
- Build it upward to 10% of the School fees every bit advised past times the schoolhouse inwards question. The built upward amount attracts involvement as well as is domiciled inwards a non withdrawal UK Education Account, held inwards Bank PHB till the completion of academic programme. This built upward amount is treated every bit refundable safety deposit.
- Next, apply for a UK Education Loan that volition comprehend 80% of the following:
- School fees, accommodation, maintenance as well as flying tickets,
- Subject to a maximum of N5million (Five Million Naira).
- Student/guarantor/parent tin apply for the UK Education Loan every bit good every bit service the debt over the tenor of the facility
Any of the next repayment selection is acceptable;
- Payment of involvement as well as principal monthly over the tenor of the facility.
- Interest chemical component to live on serviced monthly, spell principal is paid dorsum 1 time every bit a unmarried volume payment.
- Interest chemical component to live on serviced monthly throughout the tenor of the facility, a moratorium of half-dozen months after the determination of report (during this period, the proceeds of the refundable safety deposit inwards the instruction savings concern human relationship tin live on used to service the monthly interest), as well as thence an additional 12 calendar month tenor is given to service both accrued involvement as well as the principal. In lawsuit the tenor of the facility is extended past times additional eighteen months. This selection is alone available for postgraduate students.
Contact
For farther enquiries delight telephone telephone +234 1 7391701, +234 1 2719751-2 or ship a postal service to phblink@bankphb.com
Further Scholarship Information as well as Application (or catch any Bank PHB or British Council office)
RELATED: undergraduate scholarships; postgraduate scholarships
Buat lebih berguna, kongsi:
