1.The loan is determined by the Bursaries Committee and is not negotiable by the students’ union,
2.The loan is only valid for one academic year/semester but may be renewable on application on production of satisfactory academic results,
3.Part of the loan due to the student is paid to the beneficiary through a commercial bank as funds become available,
4.Candidates awarded a Student Loan are expected to meet any short fall not covered by the loan.
5.Upon completion of a programme a student loanee shall be given a grace period of one year whereafter the repayment of the loan shall commence.
6.However, one can start the repayment of the loan even earlier