REQUIREMENTS
- A minimum of 5% of the total amount of the loan requested
- Acceptance from the school
- Shares based on the amount of loan
- Details of tuition fees. Where necessary, details of accommodation costs, living and other expenses
- A recent transcript, if already enrolled in a tertiary institution
- Most recent pay–slip and letter from employer detailing study leave arrangements (if study-leave with pay has been granted by the employer).
- Applying for a loan for someone?
Employed persons–most recent pay-slip or salary statement from your employer – Self-employed persons–recent financial statements of business
- Details of security being offered
- Your NCCU passbook(s)
- A valid photo identification (eg. Social Security card or passport or driver’s licence)
- Details of your liabilities and commitments (other loans, hire purchase, household expenses)
- If the approved loan is $77,000 and upwards or you are 50 years and older, a medical examination by an approved medical doctor is necessary for loan protection coverage
You plan to further your studies while you stay home and on the job? Check out our Learn While You Earn Loan.
