University Acceptance Loans By Africred
Calculate your monthly installments & plan your future.
Loan value
Duration (in months)
Interest rate (per month)
Total you will pay: USD 0
The calculation is indicative. For the final offer, please apply for the loan.
AfriCred Global University Loan Products - USD / CAD / GBP / EUR
Tuition Fees & Living LoansAssisting students with direct loan application locally and globally |
Admission Deposit LoansAssisting students secure short term funds for paying tuition deposits on time |
|
---|---|---|
Purpose |
Tuition Fees Payment & Living Cost Funding | Tuition Fees Payment & Living Cost Funding |
Tenor |
Up to 15 Years | Up to 6 Months |
Amount |
Up to US $150,000 | Up to US $10,000 |
Interest Rate |
Up to 17% Per Annum | Up to 5% Per Month |
Collateral / Security |
No Collateral – No Co-Signer – No Asset Security | No Collateral – No Co-Signer – No Asset Security |
Documents Required |
International Passport, National ID, University Offer Letter | International Passport, National ID, University Offer Letter |
Loans Disbursals TAT |
Sanctioned in 2-3 Days & Disbursed to University Post Visa Success | Disbursal in 24 hours directly to University on meeting loan requirements |
AfriCred School & University Loan Products – NGN / KES / GHS / ZAR
Tuition Fees & Living LoansAssisting students with direct loan application for home country education |
Admission Deposit LoansAssisting students secure short term funds for paying tuition deposits on time |
|
---|---|---|
Purpose |
Tuition Fees Payment & Living Cost Funding | Tuition Fee Deposit Funding – Pre-Visa |
Tenor |
Up to 2 Years | Up to 6 Months |
Amount |
Up to US $20,000 (In Local Currency) | Up to US $50,000 (In Local Currency) |
Interest Rate |
Upto 4% Per Month | Up to 4% Per Month |
Collateral / Security |
Requires Guardian / Sponsor & Assets if Salary not meeting requirements | No Collateral – No Co-Signer – No Asset Security |
Documents Required |
National ID & KYC | National ID & KYC |
Loans Disbursals TAT |
Sanctioned in 2-3 Days & Disbursed to Personal Account in 3-4 days | Disbursal in 24 hours directly to Personal Account |
AfriCred Global University Loan Products (USD)
Currency offered: USD/ CAD / GBP / EUR
Tuition Fees & Living Loans
Assisting students with direct loan application locally and globally
Tap to learn more
Admission Deposit Loans
Assisting students secure short term funds for paying tuition deposits on time
Tap to learn more
AfriCred School & University Loan Products
NGN / KES / GHS / ZAR
Tuition Fees & Living Loans
Assisting students with direct loan application for home country education
Tap to learn more
Admission Deposit Loans
Assisting students secure short term funds for paying tuition deposits on time
Tap to learn more
AfriCred Global Education Loan
Get loan for your global university fees, we cover USA, Canada, EU, UK
6 Months
Loan Duration
US $10,000
Maximum Loan Amount
3.8% monthly
Interest Rate
Requirements
- Admission Offer
- Student ID, Passport and Recent Utility Bill
- 2 Signed Blank Cheque (to be provided by Student or Guarantor)
Payment plan for us $5,000
Pmt No. | Payment Date | Beginning Balance | Payment | Principal | Interest | Ending Balance |
---|---|---|---|---|---|---|
1 | Day 0 | $5,000.00 | $948.64 | $756.97 | $191.67 | $4,243.03 |
2 | Day 30 | $4,243.03 | $948.64 | $785.99 | $162.65 | $3,457.03 |
3 | Day 60 | $3,457.03 | $948.64 | $816.12 | $132.52 | $2,640.91 |
4 | Day 90 | $2,640.91 | $948.64 | $847.41 | $101.24 | $1,793.51 |
5 | Day 120 | $1,793.51 | $948.64 | $879.89 | $68.75 | $913.62 |
6 | Day 150 | $913.62 | $948.64 | $913.62 | $35.02 | $0.00 |
Payment plan for euro €5,000
Pmt No. | Payment Date | Beginning Balance | Payment | Principal | Interest | Ending Balance |
---|---|---|---|---|---|---|
1 | Day 0 | €5,424.00 | €1,029.09 | €821.17 | €207.92 | €4,602.83 |
2 | Day 30 | €4,602.83 | €1,029.09 | €852.64 | €176.44 | €3,750.19 |
3 | Day 60 | €3,750.19 | €1,029.09 | €885.33 | €143.76 | €2,864.86 |
4 | Day 90 | €2,864.86 | €1,029.09 | €919.27 | €109.82 | €1,945.60 |
5 | Day 120 | €1,945.60 | €1,029.09 | €954.50 | €74.58 | €991.09 |
6 | Day 150 | €991.09 | €1,029.09 | €991.09 | €37.99 | €0.00 |
Global Funding For Your Dreams
What AfriCred is up to
What is AfriCred?
AfriCred offers hassle-free education loan processing and global education fees remittance with the best rates available from the global markets. Whether you need a loan with or without collateral, our strategic partnerships ensure quick approval and convenient service. Get the best rates with AfriCred today!