Education and training loan

Explore an approved way to finance education or training costs while understanding the full repayment commitment.

Understand this category

Plan for eligible education or training costs with a clear understanding of who borrows and who repays. Where an appropriate loan is offered, it may support approved fees or related study expenses. Prepare the relevant cost information and a realistic source of repayment. Your D-SACCO will confirm the scope, documents and terms. This pathway is not a scholarship, and future employment or earnings are not guaranteed by taking the loan.

Who it may suit

Eligible parents, guardians or adult learners under a locally approved product.

Practical uses

School fees, vocational training, tuition and essential learning materials where permitted.

How to proceed

Check the local offer; obtain education-cost evidence; prepare affordability information; apply; review any approved terms; confirm payments and service the loan.

What to prepare

Borrower identity/membership; fee statement or course quotation; income and debt records; guardian/learner relationship if relevant.

Questions and answers

Is there a grace period during study?

Only where stated in the approved offer, including any interest that accrues.

What if the course is cancelled?

The product must explain refunds, loan balance treatment and how to contact the lender.

Choose a D-SACCO