Study Loan Scheme
BOC Comprehensive Study Loan Scheme
The BOC Comprehensive Educational Loan Scheme for Postgraduate Students (Local) of the Sabaragamuwa University of Sri Lanka is available as follows: | |
1. Eligibility |
1.1 A student who receive an offer letter by the Dean of the Faculty of Graduate Studies, Sabaragamuwa University of Sri Lanka to follow a course leading to a graduate qualification 1.2 Applicants should have clear previous track records (they should not appear in CRIB/DRU as a defaulter being a borrower or guarantor) |
2. Purpose of the Loan |
Finance Educational Courses 2.1 Tuition Fee 2.2 Registration Fee 2.3 Examination Fee |
3. Age | Below 60 Years |
4. Quantum of the Loan |
Minimum loan amount Rs.100, 000.00 Maximum loan amount Rs.300,000.00 |
5. Rate of Interest | 14% p.m. variable (subject to change without notice) |
6. Repayment Period | Maximum 36 months |
7. Repayment Terms | Equated monthly instalments |
8. Security | One personal guarantor acceptable to the bank |
9. Disbursement | Loan will be released directly to the Faculty of Graduate Studies, Sabaragamuwa University of Sri Lanka by pay order. |
10. Processing of Loan | Bank of Ceylon Sabaragamuwa University Branch. You may submit your study loan application to any branch of the Bank of Ceylon. |
Terms and conditions apply. For more inquiries please call: Manager, Bank of Ceylon (Sabaragamuwa University Branch) Tel: 045-2280018 |