How to Apply for a Student Loan at Umar Musa Yar’ Adua University “UMYU”

This article will provide you with information on How to Apply for a Student Loan at UMYU “Umar Musa Yar’ Adua University”. If you are a struggling student and have decided to collect a loan to help you with your tuition, accommodation as well and other bills, then this article will be your guide on loan application.

How to Apply for a Student Loan at UMYU

What You Need to Know About UMYU and How Loans are of Benefit to their Students

It was formerly Katsina State University and was established in 2006 by the Katsina State Government. The University has 13 Faculties, 76 Departments as well as 236 academic programmes. Also, the university was named after the then Governor, Umaru Musa Yar’Adua by the State Senate to honour him in 2009.

As a State University, it is more expensive than a federal university but less expensive in comparison to a private university. The University’s school fees range from 60,000 Naira to 70,000 Naira for both old as well as new students.

A student loan will be of benefit to students of UMYU who are finding it out to meet up with their tuition and fees. Firstly, instead of dropping out, loans provide them an opportunity to continue in their academic pursuit. Then, a loan will also help them focus on getting good grades instead of worrying about the deadline of school fees and working while they should be studying.

What Types of Loans can UMYU Students Apply for in Nigeria

The following are loans that UMYU Students can apply for in Nigeria;

  • Public Loans: As a student of UMYU, you can apply for loans from the federal government as well as from your state government. The federal government and state governments usually have educational loans to assist students in meeting their educational pursuits.
  • Private Loans: There are private lenders who have loans to give out to students. However, these loans usually have high-interest rates as well as a short repayment plan.
  • Microfinance Bank Loans: There are lots of microfinance banks that offer student loans to both students of public and private universities. One of such microfinance outlets is LAPO.

Eligibility Requirements to Apply for Loan as a UMYU Student

The requirements usually vary depending on the outlet you decide to take a loan from. These are the major loan requirements;

  • As an applicant, you must demonstrate financial need
  • Also, you must be a university student like UMYU
  • You must have proof of enrolment at UMYU
  • There should be no criminal charge of any sort against you
  • You are to have at least one guarantor to stand as surety for you

Documents Required for the UMYU Student Loan Application Process

In order to apply for a loan, you should get these documents ready;

  • Copies of your academic transcript
  • Two or more passport photographs
  • Your guarantor(s) letter
  • A reference letter from any of your professors at UMYU
  • Bank credentials of yourself as well as your guarantors

You should also be able to make available any other documents as required by the loan outlet.

Loan Application Process

The application process is quite easy. Follow these steps;

  • Get the application form
  • Fill in the required information
  • Submit your application alongside all required documents

After a review of your loan application, you will be informed of the success of your application.

Alternatives to Loans 

In the case that you do not want to apply for a loan to meet your bills or your loan was denied, you can try any of these;

  • Apply for scholarships
  • You can also apply for federal government grants
  • Start working part-time
  • Also, you can start up a side hustle


The above information should help you successfully apply for a loan as a UMYU student. Follow the steps above and you will get a successful loan.

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