How to Guidance To Apply Student Loan In Malta

Guidance To Apply Student Loan In Malta By Online

  1. Parents/legal guardians who wish to enroll their children or students who want to join classes in any registered Education Institution. Formularies can be downloaded on this website of the Bank.
  2. The application must be submitted:
    1. In Person: Most loan applications can be completed in person with the borrower or their guardian visiting the bank. Complete the application form, along with any other necessary documents. Be aware that the documents listed in the “Required Documents” section are just a few specifications that banks might request you to provide or submit. Certain banks might require additional documents. It is recommended that you make contact with the representative of the bank’s loan officer or customer service first prior to visiting the your branch. They will provide you with an overview of documents required as well as answer your questions and guide you to the branch within your local area.
    2. online: To save you some time, decide to begin your application for a loan online. Some banks will require applicants to fill out a preliminary application electronically. After looking over your application representative of the bank will call the applicant to inform them where to complete their application and what documents they’ll require to submit.
  3. If your application is accepted after which the bank will request for you to either sign or have your legal guardian signed the contract. Take note of the loan agreement thoroughly before you signit. Make note of interest rates as well as the grace period that will determine when you’ll be able to start paying back the loan, and any penalties in the event of default.

Required Documents For Guidance To Apply Student Loan

Educational Lending Banks:

  • An official confirmation of your expenses and income.
  • In order to prove your earnings, banks may require you to provide the most recent pay slips and FS3 for the year prior.
  • If you’re self-employed, you could also have to provide the copies of your Profit and Loss accounts as well as Tax Statements issued by the Inland Revenue Department for the most recent two years.
  • If you’re an undergraduate student receiving an stipend, banks may require proof of this income from the institution that you’re in.
  • Identification proof
  • In the process of applying you may also be required to submit a proforma bill that is issued by the institution of education that demonstrates the total cost.

Specialisation Study Scheme – Banks:

  • Europass CV
  • Certified copies of the qualifications
  • Course curriculum;
  • A letter of acceptance from the institution or university
  • A letter of reference describing the the character and integrity of the applicant;
  • Copy of the applicant’s ID card (and spouse’s ID if appropriate);
  • Budget planner
  • Written explanation of what your career goals can benefit from this educational course.

The required documents can differ depending on the bank.

Office Locations and Contacts

A?enzija ?g?a?ag?St Joseph High Road
St Venera SVR 1012, Malta
Tel: +356 2258 6700

How to Guidance To Apply Student Loan In Malta
How to Guidance To Apply Student Loan In Malta
  • Promoting the interests of youth and offers support to youth groups and young people to reach their full potential.
  • Goal: To offer an unifying, cohesive, and united approach for address the aspirations and needs of the young.


Certain banks in Malta offer Specialisation Study Scheme to students aged between 18 and 30 who are looking to take the course that isn’t offered in Malta.

There are banks throughout the country that offer educational loans. The applicants must be:

  • at least 18 years old over 18 years old
  • working full-time in a regular job, or who receive an ongoing stipend
  • The loans are open to all full-time or part-time students who aren’t able to take advantage of the other loan schemes offered by the Bank.
  • Parents/legal guardians are able for their kids to be enrolled as students who wish to enroll in education courses at any accredited Education Institution.

The eligibility criteria can vary for each bank.


Educational Lending Banks:

Some banks may require for a one-time processing fee. It could cost you around 35 dollars more or less.


Educational Loans – Banks Some banks provide loans with a repayment time that extends over a maximum time of five years. For loans of $10,000 or more the maximum duration can be extended by 7 years provided the period of the loan doesn’t extend beyond the maximum age of retirement for the borrower.


When applying for a loan to a student:

  • Be sure to show and provide all necessary documents that the bank will request.
  • Note your interest rates, terms and repayment plan that the bank offers. Check out various banks and conduct some study on the bank’s application procedure.
  • It might also be helpful to inquire at your college or university whether they have any loans available to students , or if they have any partnership with banks which offer student loans.
  • It is also possible to look into the bank’s customer service. Since these types of loan tends to be longer-term. It makes transactions simpler and will save you many hassles in the future, if your bank has helpful and friendly bank reps or loan agents.
  • The loan amount: You may not be required to accept the total amount of the loan that the bank is providing you. Be aware that what you’re receiving is not an award, but rather an actual loan, which means you’ll have to repay everything, plus interest at some point in the near future.

The Document is required

A few banks in Malta provide student loans or education loans which can assist students in paying for tuition , lodging and other study-related costs.

Education finance and student loan programs are designed to make a college or university life of the student easier by offering the interest rate being significantly lower than the other personal loans provided by banks and the repayment of the loan can be delayed as long as the student is in school.

This guide will assist students in applying for student/educational finance in Malta.



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