Advance for School Fees

Your ward’s education is also important to us.

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Saving is important. But if we’re honest, even we know that education is the most important investment you can make in your child’s tomorrow.

Advance for School Fees product offers affordable financing to salaried customers and business owners to pay tuition fees and other related costs for themselves, their children/ ward. It caters to educational pursuit at all stages, ranging from primary to tertiary levels including professional certifications


Where payment has been made out-of-pocket, refinancing opportunity is available, subject to terms & conditions

Features

  • Highly competitive interest rate
  • Loan amount up to NGN 20 million  
  • Up to 12 months tenor 
  • Flexible repayment structure 
  • Refinancing available 

Required Documents

Salaried Customers

  • Duly completed and signed application form
  • School fees bill / tuition advice 
  • Copy of valid means of identification  
  • Recent salary bank statement 
  • Duly accepted offer letter & term sheet 

Additional requirement for refinancing 

  • Evidence of payment made to the school

Business Owners

  • Duly completed and signed application form
  • School fees bill / tuition advice 
  • Copy of valid means of identification  
  • One (1) year Bank statement of corporate account
  •  Copies of Business/company registration documents
  •  Duly accepted offer letter
  •  Duly executed guarantor form (individual or corporate) & notarized statement of networth (individuals only)

Additional requirement for refinancing 

  • Evidence of payment made to the school

How it works

  • Download and complete the attached forms
  • Append your electronic signature (don’t know how to go about it? Very easy! Simply download any scanner app on your phone, scan your signature and save as image. Copy and paste the image on the form)
  • Forward the completed application form and supporting documents to schoolfeesadvance@accessbankplc.com 
  • Your loan application is received and processed by the team
  • Upon approval, offer letter is issued 
  • Upon receipt of the executed offer letter and meeting all the conditions, the loan is disbursed 
  • The proceeds of the loan is transferred to the beneficiary school’s account by the Bank 
  • Beneficiary school is notified of the transaction 
  • Meet your repayment obligations as they fall due

Get in touch with our experts

Send email to contactcenter@accessbankplc.com
To talk to our Human Resources Team, please call us on:
(+234) 702 608 5859

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