First Global BankWe’d rather you not know the cost of ignorance, so our solution is an education loan for every stage of life that gives you access to the quality of life that a good education can bring.
This loan is for all education related expenses. There are three categories that features:
With FGB you save time and money! Tuition payments are deposited on your behalf to the institution of enrolment and you only pay Interest on the amount paid per/ semester
We’ve also made repayment convenient with standing order facility from your FGB account or if you prefer over-the-counter transactions, we do that too
Access:
Primary Education Loan – for a maximum of two children;
Secondary Education Loan – for a maximum of two children; and,
Tertiary Education Loan
Click here for more details on FGB Education Loan solutions
Benefits of an FGB Education Loan:
Interest rate on education loan starts at 4.5% for secured facility and 18.75% unsecured with up to 60 Months to repay.
Am I eligible, how much can I access and what will I need to apply?
All parents of children enrolled at the primary, secondary and or tertiary level may apply. Adults pursuing tertiary programmes are also eligible.
Primary/Preparatory School Expenses – Access up to a maximum of JMD$500,000.00
Secondary School Expenses – Access up to a maximum of JMD$800,000.00
Tertiary School Expenses – Access up to a maximum of JMD$4,000,000.00
To complete the application process, you will need:
*Rates and conditions are subject to change at the discretion of First Global Bank
Click here today to kickstart your education plan!