The loan covers the cost of termly tuition fees (and boarding fees if needed).
Who qualifies?
- Informally and formally employed individuals with pupils enrolled to study at any school Educate has partnered with
- Currently the plan is offered for Girls College, Masiyephambili Junior School, Masiyephambili College, Petra Primary School, Petra High School, Christian Brothers College, Sibanesezwe Primary School, EATC College, Whitestone Primary School, Morningstar Christian Academy, SOS Herman Gmeiner Primary school, Liberty Christian College, Higher learning Centre, Zimbabwe Academy of Music, Elite High School, Falcon College and Dominican Convent Primary school
ENJOY:
- Response on application within 1 hours of submission of all relevant documents
- Loan can be used to cover school fees for the academic term and/or academic year
- School fees is paid directly to the school on your behalf
- Repayment of loan over 3/7/10months’ period
- Educate will ensure you get your school fees clearance upon endorsement of your loan offer letter
- No account opening required
- No physical security required as collateral
- Easy loan renewal process (if performance is satisfactory)
Requirements:
To be considered for this plan you will need to supply the following:
- Previous school term clearance/current statement/invoice
- Copy of ID of applicant and guarantor
- Proof of residence of applicant and guarantor
- One passport sized photo of applicant
- Proof of income of applicant and guarantor (THIS COULD BE: 3 months’ bank statement/lease agreements/purchase order invoices/mobile money statements-eco-cash/Telecash/OneWallet/NetCash statements and anything that is traceable)
- Guarantor to complete the guarantor application form (to be provided by Educate)