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  • Parents & Siblings can apply for the loan
  • If the student is over 18 years of age, he/she should be included as a co-borrower
  • One year grace period on a case by case basis

Loans can be considered for the following purposes:

  • Enrollment and course fees
  • Registration and exam fees
  • University examination fees and accommodation
  • For child’s school admission fees (not less than Rs150,000, age limit does not apply)
  • Purchasing a Laptop or a Desktop computer (Maximum of Rs100,000) together with an education loan

Category A – Parents & siblings who wish to spend on their child’s/sibling’s education
Loans granted for all recognized Degrees in UGC approved private/semi government local universities and foreign universities (based in Sri Lanka & abroad) and recognized professional examinations.

Category B – Sri Lankan individuals who wish to complete recognized professional exams
Loans granted to individuals who wish to complete recognized professionals exams, UGC approved Degrees, Masters and PhD programmes