Banks offering scholarships in the form of interest free loans:
Banks offering scholarships in the form of interest free loans:
Note: Required documents above is for banks that offers financial help to needy Muslims students by awarding them interest free loans. Criteria for other banks who are offering interest bearing loans are different.
Please list down the office locations that can be approached for applying. External links can also be used specifying office locations.
Banks offers interest free loans to a student who:
Note: Eligibility criteria above is for banks that offers financial help to needy Muslims students by awarding them interest free loans. Criteria for other banks who are offering interest bearing loans are different.
Explain the fees structure which is required for obtaining the certificate/document.
Borrowers are expected to pay back the loan and other funds received from the Bank, upon graduation.
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Banks offering scholarships in the form of interest free loans: The entire application and selection process may take between 2 to 3 months.
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".
Banks offering scholarships in the form of interest free loans:
The scholarship programme is implemented by banks in cooperation with the Counterpart Organization (CPO) in the borrower's country. Announcement for the Programme comes from the CPO who is also the one who distributes the application forms (free of charge), processes applications, does the necessary pre-selection process, and sends the results to the bank in Jeddah, Saudi Arabia, where the final list of loan recepients is made.
To apply, get in touch with the Counterpart Organization in your country, express your interest to obtain a scholarship, your situation and needs and obtain application form from them. They will assist and guide you in accordance with the policy of the Bank.
Note:
A list which displays the kind of information which is required to complete the procedure. e.g. 1. Date of Birth. 2. City or County of Birth.
Some banks in Saudi Arabia offers financial help to students by awarding them scholarships. The scholarship is an interest-free loan enabling recipients to study Medicine, Engineering or Agriculture (or other fields as approved by the bank) and it can be used to pay for the cost of living, books & clothing, tuition fees (wherever applicable) and medical expenses
Here is a guide that can help students apply for student/education finance in Saudi Arabia.
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Please explain what are other uses of obtaining this document/certificate. e.g. Birth Certificate can be used as proof of identity.
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