In order to assist students in paying for their college and post - graduate education, Governments of Gambia offer student loans. Typically, such loans carry a lower interest rate, compared to commercial loans and they are mostly issued and approved by the government of Gambia.
Step 1 The first step is to use a comparison tool method. Select the college/university you will be attending and the amount of money you need to borrow. You can then see the loans that meet your criteria and go for that.
Step 2 Next step,Select Your Student Loan. see what Ministry of Education through the loan department are offering and what qualifications you need are available at your school. Compare the terms and conditions and then you can apply for that loan as necessary.
Step 3 Fill Out Your Application. Complete the loan application form up to the end. If you are a non-Gambian citizen or non-Gambian permanent resident, you will not need to apply for this type of loan because you are not Eligible.
Step 4 Get Approval. Initial approval is often within days or weeks of your completed application. Funds from your loan will be disbursed by the Loan department once it has been approved directly to your College or tertiary institution Bank Account.
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THE GAMBIA
(a)Should be a Gambian National.
(b) Should have secured admission to a higher education course in recognized institutions in Gambia through Entrance Test/ Merit Based Selection process after completion of HSC.
Explain the fees structure which is required for obtaining the certificate/document.
Valid between 2-5 years
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Processing take 6 weeks
Videos explaining the procedure or to fill the applications. Attach videos using the following tag <&video type="website">video ID|width|height<&/video&> from external websites. Please remove the "&" inside the tags during implementation. Website = allocine, blip, dailymotion, facebook, gametrailers, googlevideo, html5, metacafe, myspace, revver, sevenload, viddler, vimeo, youku, youtube width = 560, height = 340, Video ID = Can be obtained from the URL of webpage where the video is displayed. e.g In the following url "http://www.youtube.com/watch?v=Y0US7oR_t3M" Video ID is "Y0US7oR_t3M".
A student loan refers to a loan which is offered to an individual so as to enable him/her to finance his/her higher education. As there is a growing demand for well qualified people and a consequent increasing cost of higher studies, student loans have become quite common. So, you might come across many people who may be in need of student loans to complete their higher studies.
The Students' Loan Scheme in Gambia is a Government financial arrangement under which Gambian Students granted loans to complete their education after joining tertiary institutions in Gambia.
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http://www.gambiaeducation.info/education-funding/education-loans/index.html
http://planipolis.iiep.unesco.org/upload/Gambia/Gambia_sector_report_2006.pdf
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