§ The
product is intended to finance schooling needs and expenses.
§ Interest
rate shall be 1% per month on reducing balance.
§ Repayment
period up to a maximum of 24 months.
§ School
fees cheques may be made payable to schools, if directed by the member.
§ A
member qualifies for only one School fees loan at any given time.
§ This
loan can be refinanced.
