Advance Your Education

Tertiary Education Loan Facility.

Tertiary Education Loan Details

Eastern Credit Union is committed to supporting your academic aspirations. Our Tertiary Education Loan Facility is tailored to provide financial assistance for those crucial educational expenses, like tuition, books, and other fees not covered by GATE. With our flexible and supportive loan options, we’re here to ensure that financial barriers don’t hinder your pursuit of higher education. Let us be a part of your academic journey, helping you achieve your educational goals.


Comprehensive Coverage

Loan supports tuition, books, and fees not covered by GATE.

Maximum Loan Amount

Up to $100,000.00 for your educational needs.

Competitive Interest Rate

Enjoy an attractive monthly rate on the reducing balance, ensuring affordability.

Flexible Loan Period

Up to a maximum of 84 months (7 years), aligning with your academic timeline.

Payment Flexibility

Options to pay school fees in full or in tranches each academic year.

Direct Payment to Institutions

Cheques issued directly to the educational institution.

Refinancing Option

Available for ongoing tertiary education.

Multiple Repayment Options

Immediate payments, interest-only plans, or deferred payments post-studies.

School Confirmation Required

For completion of studies, particularly for deferred payment plans.

Co-maker Requirement

Enhances loan security, especially for deferred payments. The Co Maker, who co-signs … Read More

Attractive Interest Rate

Only 0.75% per month on the reducing balance.

Required Documents for Application

  • Share requirement details based on your relationship with Eastern Credit Union.
  • Job Letter (for employed applicants).
  • Recent salary slip (for employed applicants).
  • Acceptance letter from educational institution.
  • Statement of fees from selected institution.

Start Your Educational Journey Today

Are you ready to elevate your academic career? Apply now for the Tertiary Education Loan and take a significant step towards achieving your educational dreams. Fill out the form below, select your preferred branch, and embark on your journey to higher learning with Eastern Credit Union’s support.

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Quick Loan Calculator

Utilize our Quick Loan Calculator to estimate your monthly payments and find the perfect fit for your budget.