Tuition fee loan

The tuition fee loan is an additional loan meant to aid students in paying their tuition fees. A student who took out a tuition fee loan, is required to reimburse the amount of the loan, including interest. A tuition fee loan can be requested for the statutory tuition fees, as well as the institutional tuition fees. The maximum amount available for a tuition fee loan for the statutory tuition fees is one twelfth of the annual fee per month. In case a student pays institutional tuition fees, the amount of tuition fee loan available is five times the amount of statutory tuition fees.