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The Bank of Valletta has recently enhanced the Education Loan Scheme. With this scheme, the Bank provides assistance in financing the costs of both full-time and part-time students taking up educational courses at Private Schools and at any registered Educational Institution. This loan can be availed of to finance school tuition fees and/or further education.

“The Bank continuously scans its market in order to ensure that its product range remains up-to-date and provides valid solutions to support its customers. Besides extending the scope of the loan scheme to apply for Private School, the Bank has revised the loan amount, increasing it to Lm7,000 (€16,305.61),” said John Soler, Chief Officer of Credit at the Bank of Valletta.

The BOV Education Loan Scheme is open to all full-time and part-time students who are not eligible to apply under the BOV Club scheme or the BOV Graduates Package. Unless otherwise agreed, the loan is to be settled in full within five years and must not go beyond retirement age. This loan is offered to students on an unsecured basis, and is repaid by monthly instalments, inclusive of interest.

Further information about the BOV Education Loan Scheme may be obtained from any BOV branch, or from the bank’s website www.bov.com..., or by calling the BOV Customer Service Centre on 2131 2020 between Mondays and Saturdays from 8.00am to 8.00pm (excluding Bank and Public holidays).

Loans are subject to normal bank lending criteria and final approval from your BOV branch. Terms and conditions apply.