UNIVERSITY OF NORTHAMPTON IS A TOP 50 UK UNIVERSITY
COLBOURNE ASSURED SAGICOR STUDENT LOAN
JAMAICAN RESIDENTS ONLY. REPAYMENT TERMS ARE OVER 36 MONTHS.
JAMAICAN RESIDENTS ONLY. REPAYMENT TERMS ARE OVER 36 MONTHS.
2015 - 2016 College Year is September 7 - April 7, 2016
ARE YOU INTERESTED IN GETTING A STUDENT LOAN?
Are you having financial trouble starting or finishing your Bachelor's or Master's Degree? You are not alone but what is not an option is sitting out because A degree Today is like citizenship.
University of Northampton is a top-50 UK University and the good news is: You can get same-day student loan approved through SLS International Student Loan to study towards Northampton Degree at Colbourne College or our Student Loan plan for New and Returning Students residing in Jamaica.
Are you having financial trouble starting or finishing your Bachelor's or Master's Degree? You are not alone but what is not an option is sitting out because A degree Today is like citizenship.
University of Northampton is a top-50 UK University and the good news is: You can get same-day student loan approved through SLS International Student Loan to study towards Northampton Degree at Colbourne College or our Student Loan plan for New and Returning Students residing in Jamaica.
We Have An Important Message For You!!
EVERY STUDENT USING COLBOURNE-SAGICOR STUDENT LOAN TO PAY THE TUITION GETS J$22,000 SCHOLARSHIP IMMEDIATELY ON LOAN APPROVAL TO FINANCE THE LOAN.
Only at Colbourne is getting a student loan approved by a Bank this easy - the loans are 100% guaranteed and assured with the bank by Colbourne College so there is no line or hassle. Loan Interviews are even via the phone.
EVERY STUDENT USING COLBOURNE-SAGICOR STUDENT LOAN TO PAY THE TUITION GETS J$22,000 SCHOLARSHIP IMMEDIATELY ON LOAN APPROVAL TO FINANCE THE LOAN.
Only at Colbourne is getting a student loan approved by a Bank this easy - the loans are 100% guaranteed and assured with the bank by Colbourne College so there is no line or hassle. Loan Interviews are even via the phone.
USING SAGICOR LOAN YOU START THE BACHELOR'S DEGREE PATHWAY WITH JUST JM$28,818
GETTING A STUDENT LOAN TO COVER YOUR 16 MONTHS OF STUDY AT COLBOURNE COLLEGE IS EASY AS 1,2,3:
No Collateral Or Securities Are Needed because the loans are 100% guaranteed by Colbourne College with Sagicor Bank so there is no line or hassle. Loan Interviews are even via the phone. You have 36 Months to Pay Off The Loan.
All is needed to assure that you can meet your monthly repayment of J$7,208 is a job letter from a co-signor if you are not employed. The co-signor could be a parent, financier, spouse, or any relative in guardianship. Provide proof of employment with a job letter or three months pay stubs.
HERE IS HOW YOU GET STARTED:
1) Apply To Colbourne College.
2) Pay The College Application Fee Of JM$3,000.
3) Complete And Submit the Personal Statement.
4) Receive the offer letter from Colbourne College.
5) Pay the holding fee of J$28,000. The $28,000 is transferred back to you for the first payment on the loan.
6) Open the Sagicor Account
7) Complete the Loan Application - No Fees
8) Submit the documents requested to process the loan.
9) Sagicor processes your loan application.
10) Colbourne signs the guarantor forms for you - we are your guarantor.
11) The Scholarship Amount Of JM$22,000 is given to you. This is paid to you (drawn on Sagicor Bank) and
lodged to your Sagicor Account soon as the loan is approved. This will cover all bank charges for the loan.
HERE ARE THE DOCUMENTS YOU WILL NEED TO SUBMIT:
1) A Valid ID ( i.e passport, driver’s license or Voters ID)
2) Taxpayer Registration Number (TRN)
3) Proof of address
4) Acceptance letter from Colbourne College.
5) Invoice from Colbourne stating the tuition fees
6) Sagicor Bank Consent Form (ON OUR WEBSITE - PRINT 2 COPIES)
7) Sagicor Bank Reference Form (ON OUR WEBSITE - PRINT 2 COPIES)
36 MONTHS TO PAY OFF THE LOAN. PAY:
Pay JM$7,208/Monthly AND JM$28,000 per term: September, January and May.
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LOAN APPLICATION FORM IS HERE:
http://www.uscollegesandmore.org/student-loan.html
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ACTIONS YOU MUST TAKE
Each student will be required to open a savings account to be used for the loan servicing. All loan payments will be made to that account, the monthly loan payments will automatically be deducted from that account. If you have a Sagicor account you will need a new one for the loan.
Students On The BA And MBA Pathways Are Covered By The Loan. The loan amount is $435,000. It Includes 16 Months (2 Years) Tuition, Holding Fees, And One Pearson – London Examinations Fee for the award for the level.
PLEASE NOTE
* If you are unemployed the person repaying the loan co-signs the loan.
* Weekly payments are made every Friday OR Monthly payments on the 26th.
* Semester payments are paid at start of the semesters: September; January and May.
WHO WILL BE PAYING THE LOAN FOR YOU IF YOU UNEMPLOYED?
* The Payer must be employed.
* What is the monthly income of the payer?
* Can this person provide proof of employment or self-employment?
SUMMARY OF THE LOAN REPAYMENTS
Colbourne Recommends That You Use The Following Flexi-Repayments Plans For its Security Of Your Education Loan with Sagicor Bank:
Sagicor Fee: JM$22,000 (One-Time Payment to Sagicor when the loan is granted). The Scholarship Cheque will cover this for you.
Semester 1: JM$28,818 at start of classes (Same as the holding fee. Payment goes to the loan)
Semester 2: JM$28,818 middle of school year (Payment goes to the loan. The deadline will be published)
Monthly Payment: JM$7,208 Every Month For 36 Months = ($1,802 weekly from week one)
THESE REPAYMENT RATES QUOTED ARE ESTIMATES ONLY. SAGICOR BANK RATES ARE MORE ACCURATE.
SLS International Student Loan
FOR ALL STUDENTS STUDYING OFF CAMPUS
HERE ARE THE LOAN REPAYMENT AGREEMENTS:
1. US$30.00 (JM$3,474) per fortnight. You have up to 6 years to pay off your degree paying as little as US$30.
You begin paying two weeks after the loan is approved.
2. You Will Pay Colbourne Examination Fees Separately: US$250 (JM$28,950) is payable on:
August 3, January 3 and May 3 annually for fees related to Student Fees And Examination.
No other fees are paid towards the loan excluding the
One-time Loan Approval And Service Fee of US$50 And your Fortnightly Payment Of US$30.
1. US$30.00 (JM$3,474) per fortnight. You have up to 6 years to pay off your degree paying as little as US$30.
You begin paying two weeks after the loan is approved.
2. You Will Pay Colbourne Examination Fees Separately: US$250 (JM$28,950) is payable on:
August 3, January 3 and May 3 annually for fees related to Student Fees And Examination.
No other fees are paid towards the loan excluding the
One-time Loan Approval And Service Fee of US$50 And your Fortnightly Payment Of US$30.
Now Get Busy! You can finish the final Year of the Degree in Jamaica, UK or USA. That is what makes
Colbourne College Unique. An International Degree allows you live-study-work anywhere in the world
you choose. Study here In-Class in Jamaica, 100% Online, Or by Distant Learning.
Click here to view ALL University Of Northampton Degrees at Colbourne College - Including Subjects And Fees.
Call A Loans Representative Now: 876-401-9330 / 954-793-0424
Best Regards,
Colbourne College Admission Team
Colbourne College Unique. An International Degree allows you live-study-work anywhere in the world
you choose. Study here In-Class in Jamaica, 100% Online, Or by Distant Learning.
Click here to view ALL University Of Northampton Degrees at Colbourne College - Including Subjects And Fees.
Call A Loans Representative Now: 876-401-9330 / 954-793-0424
Best Regards,
Colbourne College Admission Team