School Fees Finance

Everyone deserves a good start in life and getting a good education sets you on the right road...

School Fees Finance

Everyone deserves a good start in life and getting good qualitative education sets you on the right path. Access our School Fees Finance this September to guarantee your children/wards dreams.

  • Sterling Bank finances up to 70% of the value of the fees
  • Maximum tenor of 12 months
  • Sterling Bank raises a draft in favour of the school
  • Life Insurance policy to the tune of the loan amount

Benefits

  • Children/Wards education is guaranteed
  • Quick approval upon full documentation
  • Available to local & foreign schools
  • Competitive pricing
  • Convenient monthly repaymen

Funding Structure

 

APPLICANTS WITH STERLING MINOR SAVINGS CCOUNT/STERLING RECURRING ACCOUNTS APPLICANTS WITHOUT EXISTING BANKING RELATIONSHIP

Equity Contribution

20%

30%

Bank Funding

80%

70%

Interest Rate

19% p.a

20% p.a

 

Checklist

  • Completed Consumer Lending Application form
  • Employer Status Enquiry
  • School Fees bill
  • Bank statement (6 months) (pay slip not mandatory)
  • Duly executed Personal Guarantee form
  • Current account opening package (New customers only)
  • Sterling Minor account opening package for the child/ward to the sponsored
  • For payment to foreign schools:
    • Form A
    • Admission letter
    • Sighted copy of International Passport with Current Visa

Download Customer Consumer Loan Application Form

For more information, please call us on +234-1-4622517; 01-7301487; 01-7301489 or e-mail us at: consumer.lending@sterlingbankng.com