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All You Should Know About Access Bank Advance for School Fees scheme

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Access Bank Advance for School Fees scheme

The Access Bank Advance for School Fees scheme is designed to provide parents/guardians with short–term financing to cover tuition fees for their children/wards, as well for financing of undergraduate study, postgraduate study and professional examinations.

With this type of loan offer parents can easily get some extra cash to pay for the tuition fees of their children. This loan can be paid back at a specified time on a later date.

Read Also: Guide On How To Apply For Access Bank Salary Advance Loan

FEATURES AND BENEFITS OF ACCESS BANK ADVANCE FOR SCHOOL FEES SCHEME
  1. It ensures that children’s education is not interrupted due to unforeseen circumstances that parents may experience.
    2. The available Loan amount is up to 5 million Naira (Nigeria Money).
    3. There is an option of Refinancing(it simply means that you can apply more than once).
    4. Remittance services available.

WHO CAN APPLY FOR ACCESS BANK ADVANCE FOR SCHOOL FEES SCHEME

1. Persons 25 years and above, a government worker or a worker with a well recognize private company.
2. Persons whose salaries must have been paid through Access bank for at least 3 months.
3. Access bank account holders.
4. Persons with valid means of identification(e.g International passport, voters card, drivers license etc).

Read Also: How to Open An Access Bank Account From Home

HOW TO APPLY FOR ACCESS BANK ADVANCE FOR SCHOOL FEES SCHEME (REQUIREMENTS)

1. Complete the Access bank personal loan Application Form
2. Admission Letter from a government approved school or educational institution.
3. Letter of domiciliation of salary account with Access Bank.
4. Copy of Employment ID and valid means of identification (International Passport, Voters card, Drivers License or National Identification Number).
5. BVN (Bank verification Number)
6. Tuition Advice
7. Credit checks.

Read Also: All You Should Know About The Access Bank Personal Loan

Mntrends have put together simple loan calculators to help you better understand your loan. CLICK HERE to use the general loan calculator. If you would like to use Mntrends Auto loan calculator then CLICK HERE. For the Mortgage Loan calculator CLICK HERE to use the simple calculator.

If you have all the above documents, just head to any Access bank near you and pick up the Access bank personal loan application. Fill the details and provide the documents above at the branch. Visit the Access Bank official website to see the Access bank branch nearest to you.

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