How to Apply for a Student Loan at Hezekiah University

Are you a student of Hezekiah University and are currently struggling with payment of fees? Have you been trying to get a loan but do not know where to start? In this article, you will get to learn How to Apply for a Student Loan at Hezekiah University.

How to Apply for a Student Loan at Hezekiah University

It is normal for university students to have issues with payment of their fees and the like. Also, it is not a bad decision to get a loan to pay your school fees as well as your accommodation especially if your sponsors approve of it.

What You Need to Know About HEZEKIAH UNIVERSITY and How Loans are of Benefit to their Student

The university was founded by Living Christ Mission Inc. and is part of the dreams of His Grace, Most Rev. Professor Daddy Hezekiah MFR. UNIHEZ was established in May 2015 as a religious institution that admits students from all religions. Hezekiah University is in Imo state and was ranked 44 out of 113 universities by the NUC in 2021.

The school building is in a serene environment that is peaceful for learning. Also, they offer a variety of programmes as well as entrepreneurship studies for all their students. As a private university, the school fees range from 2,000,000 and above.

As a student of Hezekiah University, loans can be of great benefit to you. A loan can help you pay your fees in time so you can focus on your studies. Also, student loans have minimum interest rates as well as long repayment plans in order to help you study effectively.

What Type of Loans can HEZEKIAH UNIVERSITY Students Apply for in Nigeria

There are a number of loans that a student of Hezekiah University can apply for in Nigeria. They are;

  • State Government Loans: You can apply for a student loan from the government of your state if they have student loan programmes.
  • Private Loans: There are private corporations that lend out loans to university students as a form of business.
  • Federal Loans: The federal government of Nigeria also has loan programmes for university students. The purpose of the loan is to enable them to complete their studies.
  • Bank Loans: Banks offer a variety of loans and the student loan is one of such. However, you should know that they might demand collateral from you.

Eligibility Requirements to Apply for Loan as a HEZEKIAH UNIVERSITY Student

While each facility might have its own requirements, these are the general ones that you should meet;

  • Have no criminal record.
  • You should have a good academic record.
  • It is important that you are a student of Hezekiah University.
  • Also, you must not have been convicted of any kind of felony within the school grounds.
  • It is pertinent that you demonstrate financial needs.
  • You should have a guarantor ready to stand as surety for you.

Documents Required for the HEZEKIAH UNIVERSITY Student Loan Application Process

These are the documents that you should have in hand before submitting your application;

  • Two or more passport photographs
  • A letter from your guarantor(s)
  • Bank statements of your guarantor(s)
  • Your personal information as well as that of your guarantors.
  • State of Origin in the case of State Government Loans
  • Copies of your academic transcript
  • A signed slip from your professor at Hezekiah University in most cases

Loan Application Process

The loan application process is quite easy. While the steps may vary at every loan facility, you should know this;

  • Grab your loan application form from your preferred loan facility
  • Fill in the documents as required
  • Submit your completed application form alongside the required documents

After submission, your loan request will be carefully reviewed. If you meet all requirements and the find is available, you will duly be notified.

Alternatives to Loans

Aside from applying for loans, there are other means that you can get money for your tuition as well as accommodation;

  • Apply for any of the scholarships available at Hezekiah University
  • Start working part-time as your school calendar allows
  • You can start up a small business online to support your finances
  • Apply for federal government scholarships as well as grants.

Conclusion

These are the step-by-step process that you need as a Hezekiah University Student in order to apply for a loan. Also, if your loan application is denied, you can choose any of the alternatives to support your finances.

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