How To Guidance To Apply Student Loan In Gabon

How To Guidance To Apply Student Loan In Gabon

Students are able to apply for a loan through the Ministry of education student loan section. There, they can look through all of the options available and choose the loan program that would best meet their specific needs and needs.

1. Before beginning in applying for loans for students you must know the various types of loan programs and courses that qualify for this kind of loan.As the different types of loans have various requirements and terms, it is essential to be aware of the requirements for eligibility, coverage rates of interest as well as repayment plan options terms of payment, and the all the costs associated with a loan program prior to submitting an application for a loan to a student. In the majority of cases, applicants must complete and submit an application for student loan. This form can help determine what loans are available and how much they can get.You must know all the details about these funds prior to submitting an application for student loans , so that you can choose the most suitable option in terms of interest as well as repayment options.

Step 2. For a request for student loan, connect with the Ministry Education student loan office in Gabon then you can apply for an loan program. You must satisfy the eligibility requirements of the particular loan program mentioned earlier. In the majority of cases, you must fill out the application to be eligible for the loan. It is also essential to be an Gabon citizen in addition to an undergraduate student to qualify for the successful student loan.

step 3 Attach the necessary pass slips , but ensure to have a great credit score and an additional cosigner. If you don’t have a great credit score, the cosigner should have a solid credit history. There are very few private student loans that are available with no cosigner. However, you must have a great credit history and Certified passeslips. If you don’t have a great credit score, you need to be able to demonstrate a strong credit background. Only a few student loans are available without good grades.Good scores but a poor financial background could make it easier to be approved, which will allow you to obtain lower interest rates and accelerate the credit decision process.

5. Apply for the Ministry of Higher Education and Scientific Research Student loan Board for shortlisting and selection, within several weeks, the application will be approved , and an applicant list will be notified to sign an agreement for student loans. The Loan will then be credited directly to the institution’s Bank Account where you intend to pursue your studies from.

Documents that are required Guidance To Apply Student Loan

I) Your academic documents
II) admission letter issued by the college that offers higher educational.
II) (iiii) Repayment plan option
iv) Three recent passport photographs.
V) University Fees charge option.
vi) Operating Bank Account Number.
vii)cost of the education.

Office Locations and Contacts

Ministry of Higher Education and Innovative Technologies Ministry of Higher Education and Innovative Technology

H.E. Mr. Ovono, Gaston

Ministry of Higher Education & Scientific Research

The Government of the Republic of Gabon

B.P. 2217 – Libreville –

Tl : 241 76 07 84 +

Fax : +241 761 39 09 +241 76 39 09

Mail: bmefane@yahoo.fr

http://www.en.legabon.org/

http://www.rohama.org/en/content/663

What Are All The Eligibility

The following students can be eligible for loans when they apply.
  • i) He/She has obtained admission on merit through normal course/procedure in the approved Universities/Colleges of the public sector mentioned hereunder.
  • 2.) The applicant is at the time of admission into the age bracket ofFor graduation not exceeding 21 years -For Post-Graduation, not more than 31 Years old and For Ph.D Not exceeding 36 years
  • iii) The candidate has at minimum 70% marks in the most recent examination in public.
  • IV) He/She has completed the research on the subjects that are listed below.

(v) He/She is not able to complete the studies because of financial limitations.

Validity

  • The amount of the loan can range between 2-4 years based on the term of the applicant.

However, typically 3 years is the time to repay after the study completion.

Processing Time

The duration of the time is different as stated in various advertisements or admission letters.

Instructions

i). The applicant must to be an undergraduate student at Gabon.
ii).Applicants must be accepted to any recognized secondary Institutions of Higher learning in Gabon.
iii).The Education Loan currently include the Universities, Polytechnics and some Specialized institutions.
iv)students are required to apply before the commencement date in order to have ample time to process their application.
v).It is vital to conduct thorough research prior to applying for the Education Loan.

The Information You Need

i) Valid Admission Letters;
ii)contact Information of the applicant.
iii)The contact Details of the Institution/University.
iv). Bank details
v).4 Passport-sized Photographs
vi). valid Student Identity Cards for students.
vii)Birth certificate
viii)National identification Card.

Documentation is needed

The education system in Gabon is largely based upon the French education system, and is governed by two Ministries that are: that of the Ministry of Education, which is responsible for preschool through High School as well as the Ministry of Higher Education and Innovative Technologies and is responsible for colleges and universities.

Student Loans are the funds which are provided by various sources, whether private or government-owned, to help allow higher education to students with diverse financial circumstances.

Because the costs of education have been increasing continuously this has made it extremely difficult for many families to cover the costs of higher-level programs.

Students from Gabon can avail Education Loans to help pay for their education cost.

A STUDENTS ‘ LOAN SYSTEM to support education was introduced in The Government of Gabon in collaboration with the top commercial banks in Gabon).

In the scheme, the financial assistance is given via Interest Free loans to students who receive financial aid to pursue their studies in Science or Technical education, as well as Professional studies within Gabon.

The loan plan comprises the following
I) costs of textbooks,
ii)tuition cost and living costs.
iii)other related costs with the aid of the Educational Funds

The scheme is managed by a high-powered committee made up of Ministry of education, commercial banks, and a representative from the Ministry of Finance, Government of Gabon. The Student Loans differ from normal loans due to the fact that they offer simple repayment options and typically low interest rates. Additionally, there are various kinds of laws pertaining to loans for students in Gabon.

Students in Gabon are eligible to apply for loans and receive the amount needed to help students pay for tuition fees and other expenses.Usually the amount of loans that is granted each academic year is decided by Government of Gabon in consultation with the Ministry of Education in Gabon.

External Links

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

How To Guidance To Apply Student Loan In Gabon
How To Guidance To Apply Student Loan In Gabon

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