EduNews Magazine EduNews Dec2013/Jan2014 | Página 3

Afford your studies through FNB Namibia At FNB, we know that finding the funds to continue with an education can be a daunting and confusing experience. But we also believe that a lack of ready cash should never be an obstacle to realise full potential. We, at FNB Namibia, are ready to give the best advice and assist in lending a helping hand. An FNB LifeStart Student Loan is an individually tailored solution that will assist with tertiary financing and offers competitive interest rates, flexible payment terms and unique personalised options. Benefits of an FNB LifeStart Student Loan: • FNB Student loans are offered at competitive rates. • There are two repayment options: - While you study you only pay the interest, while the payment of the loan only commences once you graduate. - Immediate capital repayment option to save on interest, and keep the outstanding debt to a minimum. How does it work? Simply complete an application form at your nearest FNB Branch with the following: Documentation required from student: • Identification document (ID or passport) • Proof of acceptance/registration at the educational institution • Statement/quote of study fees Documentation required from guarantor/surety: • Identification document (ID or passport) • Current payslip • 6 Month Bank Statement (if banking at another bank) To extend your loan at the end of the academic year, you will need to visit the branch, bringing with you proof of registration for the new academic year. A new application form needs to be completed by either you and/or the guarantor. Need a laptop while studying? Bring your laptop quotation when applying for your FNB LifeStart Student Loan. For more information visit your nearest FNB branch or call the Student Business Division on (061) 299 2484 www.fnbnamibia.com.na