Egypt - Apply for Education Loan

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Procedure

Apply In-Person:

1. The Ministry of Education will run an official advert in the major print media of national coverage calling eligible students to apply for loans.
2. Eligible student can apply to the Board for the loan or scholarship by:-
3. Obtaining and filling in application form from Universities (office of the dean of students);
4. Attach all required documents; and
5. Make all necessary payments
6. Submit application within a specified time frame to the office of the Deans of Students. The forms shall then be collected by the staff of Students Loan Task force.
7. Loan Application Forms shall then be received by the Records Officer at the Students Loan Scheme offices.
8. Received application forms shall be recorded at the Mail registry and forwarded to the Operations Unit (Loan Officers) for assessment. :* In this case any forms that are defective the applicant shall be informed through e-mail, sms message or by telephone.
9. Then a list of successful applicants shall be generated and sent to the Head Operations for verification, and evaluation and recommendation to the coordinator for approval.
10. The coordinator then presents the approved list to the Selection Committee for discussion and final approval.
11. If approved, the Coordinator forwards the list to the Head Operations and Finance for the implementation. Implementation will include authorization, publishing list in the print media and on the Ministry website and drafting of the award letters for the Coordinators signature.
12. The successful applicants are then informed of the Committees decision and the amount allocated.
13. The board shall then go through the applications to select suitable beneficiaries;
14. After selection, the Board shall allocate a student loan identification numbers to each approved applicant;
15. Identification cards shall be issued;
16. The funds in respect to the tuition and functional fees will be forwarded to the selected Egyptian commercial bank.
    

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Required Documents

• Copy of a valid national ID card
• Recent original utility bill (gas, electricity, water, telephone)
• Letter documenting tuition fees
  

Salaried:

• Loan application
• Letter from the school/university with the cost of the education program
• Valid national ID
• Authorization for investigation
• Recent utility bill (maximum three months)
• HR letter
  

Self-employed:

• Loan application
• Letter from the school/university with the cost of the education program
• Valid national ID
• Authorization for investigation
• Recent utility bill (maximum three months)
• HR letter
• Recent copy of commercial register and tax card
  

Pensioner:

• Loan application
• Valid national ID
• Authorization for investigation
• Recent utility bill (maximum three months)
• Proof of pension
  

Office Locations & Contacts

Ministry of Education
Position:Minister of Education
Address 12 Falaki Street - Cairo
Phone no. 25787644 - 27947363
Fax 27962952
E-mail [email protected]
Contact Link

Eligibility

Provide eligibility criteria's for going through this procedure.

Fees

• Minimum finance 5000 EGP and maximum finance up to 250,000 EGP.
  
• Flexible payments options up to 12 months.
  

Validity

This varies basing on the duration of course of applicant. But Usually 2 years repayment after completion of the studies.

Documents to Use

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Sample Documents

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Processing Time

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Related Videos

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'.

Instructions

Please provide other instructions related to the certificate/documents.
e.g. The state office holds birth records since january 1908.

Required Information

A list which displays the kind of information which is required to complete the procedure.
e.g.
1. Date of Birth.
2. City or Country of Birth.

Need for the Document

The education Loan is used by students to pay tuition at private universities for undergraduate and graduate education. The maturity of the loans is up to eight years which can enable students to repay the loans from their earnings after graduation.

Information which might help

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Other uses of the Document/Certificate

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e.g. Birth Certificate can be used as proof of identity.

External Links

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Others

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