Students below 18 years of age following academic studies at local and international schools.
Students who are following professional study programmes at local educational institutes such as CIMA, CIM, ACCA, CFA, AAT & CA etc.
Students following foreign undergraduate and post graduate degree programmes at Local Higher Education Institutes in the areas such as Medicine, Engineering, Accountancy, Hospitality Trade, IT, Business Management, Law etc.
Students seeking foreign university placements in various fields as mentioned under point 3 above through local agents/institutes.
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".
If you are a student preparing for a professional examination or a parent or guardian of such student, you can apply for an Education Loan. You should also have an adequate regular income to repay the loan.
If the applicant is a parent or guardian, the student must be a joint applicant.
The maximum loan amount you can take will depend on the course of study and your repayment capacity.
Benefits Of Education Loans
You have a choice of fixed or floating interest rates.
Loans customized to suite the payment requirements of the course you want to follow
Speedy processing
Convenient access to loans officers for guidance and advice before or during repayment period
Drawdown
You can draw funds within the loan amount, as and when you require to meet your course fees.
However the total loan amount should be drawn within 24 months from the first drawdown.
Repayment Period
You will receive a maximum of 24 months for each drawdown to repay the loan.
However, the total loan should be repaid in full, within 48 months from the first drawdown.
Students below 18 years of age following academic studies at local and international schools.
Students who are following professional study programmes at local educational institutes such as CIMA, CIM, ACCA, CFA, AAT & CA etc.
Students following foreign undergraduate and post graduate degree programmes at Local Higher Education Institutes in the areas such as Medicine, Engineering, Accountancy, Hospitality Trade, IT, Business Management, Law etc.
Students seeking foreign university placements in various fields as mentioned under point 3 above through local agents/institutes.
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".
Videos explaining the procedure or to fill the applications.
Attach videos using the following tag <&video type="website">video ID|width|height<&/video
If you are a student preparing for a professional examination or a parent or guardian of such student, you can apply for an Education Loan. You should also have an adequate regular income to repay the loan.
If the applicant is a parent or guardian, the student must be a joint applicant.
The maximum loan amount you can take will depend on the course of study and your repayment capacity.
Benefits Of Education Loans
You have a choice of fixed or floating interest rates.
Loans customized to suite the payment requirements of the course you want to follow
Speedy processing
Convenient access to loans officers for guidance and advice before or during repayment period
Drawdown
You can draw funds within the loan amount, as and when you require to meet your course fees.
However the total loan amount should be drawn within 24 months from the first drawdown.
Repayment Period
You will receive a maximum of 24 months for each drawdown to repay the loan.
However, the total loan should be repaid in full, within 48 months from the first drawdown.
If you are a student preparing for a professional examination or a parent or guardian of such student, you can apply for an Education Loan. You should also have an adequate regular income to repay the loan.
If the applicant is a parent or guardian, the student must be a joint applicant.
The maximum loan amount you can take will depend on the course of study and your repayment capacity.
Benefits Of Education Loans
You have a choice of fixed or floating interest rates.
Loans customized to suite the payment requirements of the course you want to follow
Speedy processing
Convenient access to loans officers for guidance and advice before or during repayment period
Drawdown
You can draw funds within the loan amount, as and when you require to meet your course fees.
However the total loan amount should be drawn within 24 months from the first drawdown.
Repayment Period
You will receive a maximum of 24 months for each drawdown to repay the loan.
However, the total loan should be repaid in full, within 48 months from the first drawdown.
Student loans also known as Education loans or higher education loans have become a popular method of funding higher education in Sri Lanka with the cost of educational degrees going higher. The spread of self-financing institutions (which has less to no funding from the government) for higher education in fields of engineering, medical and management which has higher fees than their government aided counterparts have encouraged the trend in Sri Lanka. Most large public sector and private sector banks offer educational loans. The Education loans will ensure that worthy students are empowered to take their destiny in to their own hands. It is designed to help students pay for college tuition, books, and living expenses. Unlike other financial aids like scholarships, grants and stipends, a student loan must be repaid by the recipient although with some ease than the other loans. Most of these loans are to be repaid after the completion of the course of education.