Student Loans FAQs

This section gives you quick and easy access to the answers to the questions we're asked most frequently.  If you don't find your question here, please use the ‘Have a Question’ or the email form on the Contact Us page and we will be happy to answer your question.


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1.  What happens if my payment is not made by the stipulated date?

2.  What areas of study does the Bank finance?

3.  What is the maximum funding limit for my area of study?

4.  Can I increase or reduce my loan amount?

5.  Can I receive funding to pursue summer courses?

6.  How is the interest on a student loan calculated?

7.  Is all the interest paid within the grace period?

8.  What is the role of a guarantor?

9.  What is the purpose of having life insurance coverage?

10.  What happens if my life insurance policy lapses?

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