Sending your child to school can be exciting when you have everything in place; school uniforms, school bags, shoes, stationery and most importantly, school fees. If you are worried about how to pay your child’s school fees this new session, relax! There’s a solution – School Fees Advance.
School Fees Advance is a short-term loan to parents and guardians for the payment of their children’s/ward’s fees for schools in Nigeria. This facility is available to members of staff of public and reputable private organizations whose salaries are domiciled with Guaranty Trust Bank plc.
With GBank School Fees Advance, you can get up to N5 Million in school fees for your child at a low-interest rate.
How to Apply for School Fees Advance
- Download the Application Form and Employer Undertaking Form.
- Submit the completed forms at any GTBank branch in Nigeria along with your child’s School Fees bill and your Credit Insurance.
Once your loan application is approved, you will get immediate access to funds for the prompt payment of your child’s school fees (a maximum of N5 Million). This loan comes with equal monthly repayments comprising of principal and interest, which is very competitive. However, each parent is entitled to get one loan per school term with a maximum tenor of four (4) months per request.
This loan is available to ONLY parents whose salary account is domiciled with GTBank.
For more information visit www.gtbank.com