Gambia - Guidance To Apply Student Loan

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Procedure

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.

Steps To Find Your Student Loan

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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Required Documents

i) Copies of Academic pass slips

ii) A copy of an admission letter

iii Letter requesting for the loan

iv) Three recent passport photographs.

v) fees structure

vi) Operating Bank Account Number.

vii)West African Senior Secondary Certificate Examination (WASSCE)

viii)Repayment Plan

ix) Birth Certificate

x) National Identification Card.

Office Locations & Contacts

Ministry for Basic and Secondary Education

Address

Willy Thorpe Building

[email protected]

Telephone: (00220) 4228232 -

Telephone: (00220) 4228233 -

Telephone: (00220) 4228234 -

Telephone: (00220) 4228235

Fax: (00220) 4224180

Email: [email protected]

Website:http://www.edugambia.gm

THE GAMBIA

Eligibility

(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.

Fees

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Validity

Valid between 2-5 years

Documents to Use

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Sample Documents

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Processing Time

Processing take 6 weeks

Related Videos

Videos explaining the procedure or to fill the applications. 
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Please remove the "&" inside the tags during implementation.
Website = allocine, blip, dailymotion, facebook, gametrailers, googlevideo, html5, metacafe, myspace, revver, 
sevenload, viddler, vimeo, youku, youtube
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Instructions

i). The applicant MUST be Gambian students.

ii). The applicant must have an Admission letter.

iii) The student Must have obtained higher secondary Education before applying for this Loan Scheme.

iv). Applicants must be admitted to an accredited Tertiary Institutions of Higher learning in Gambia.

v). The application should early enough for proper ample time of processing their application .

Required Information

i) Personal information,

ii)Contact details

iii)Right tax code

iv)Account information

v)Correct name

vi)Loan details.

vii)a photocopy of the WASSCE Statement of Results.

viii)the transcript results of the applicant.

ix)Gambian application form.

Need for the Document

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.

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

http://www.gambiaeducation.info/education-funding/education-loans/index.html

http://planipolis.iiep.unesco.org/upload/Gambia/Gambia_sector_report_2006.pdf

Others

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