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Education Loans

Overview

Education Loans help make getting an education easier and more affordable. Our low loan rates apply to students attending schools locally or overseas.

Education Loans help make getting an education easier and more affordable.

Schools included:

  • Private Schools
  • Boarding Schools
  • Colleges and Universities - including Bermuda College, online and correspondence courses
  • Professional development and designation courses

 

Apply:

Need help?

  • Call us on 299-5959, option 5

Proceeds can be used to cover:

  • Air fare
  • Tuition
  • Accommodation
  • Supplies and computer equipment
  • Online university courses
  • Correspondence courses 

More information

  • Generally, loan terms range from one to five years
  • Interest payments can be deferred
  • Option to defer one payment a year over the life of the loan for new and existing loans in good standing 
  • Fees apply to unsecured loans
  • View variable interest rates

Documentation required

  • completed application   
  • An acceptance letter from the school.
  • An invoice for online and correspondence courses.
  • A copy of the rental agreement confirming rental costs, if applicable.
  • A copy of the letter confirming tuition fees.

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