Interest free loan scheme has been introduced by the government to expand higher education opportunities for the students who are unable to secure a placement in state universities although they have qualified with GCE(Advanced Level) Examination to achive their higher education aspirations.Loan Amount
Maximum Rs. 800,00/-Minimum Qualifications for Admission
At least Simple (S) passes in A/L 2016, 2017 or 2018 for all 3 Subjects in one and same sitting and not exceeding three sittings
AND minimum of 30 marks for Common General Test
Qualified applicants should submit their applications using the web portal www.studentloans.mohe.gove.lk Please read the Student Guide Book for more details available in the above web portalStudent Guide Book
Sri Lanka Institute of Information Technology - SLIIT
National School of Business Management - NSBM
Kaatsu International University - KIU
Institute of Chartered Accountants of Sri Lanka - CA Sri Lanka
Sri Lanka Technological Campus - SLTC
Sri Lanka Institute of Buddhist Academy - SIBA
Loan payment period is 8/7 years after completing the degree of 3/4 years respectively and additional one year grace period.
Any payment should not be made during the study period and one year grace period.
For more details : +94 11 5115203 | Website
We will assist your quest for excellence by perusing higher education for yourself or your children. Education Loans from Commercial Bank will finance the course fee inclusive of examination charges pertaining to local or overseas education.Benefits of Education Loans
If you are a student registered with an education course provider, you can apply for a Education Loan.Non employed applicants :
You can apply jointly with your parent, guardian or spouse who is eligible as a co borrower.You should be above the age of 18 years.Employed applicants :
Permanent employees of a reputed company with a minimum monthly salary of Rs. 25,000/- (Basic Salary+ Fixed Allowances) and a minimum service of 01 year in the current employment can apply under this category. You should be between 18 to 55 years of age.Self employed professionals :
Professionally qualified individuals employed in their chosen field of profession with a minimum monthly salary of Rs. 50,000/-. You should be between 18 to 60 years of ageLoan amount
You can get a loan up to 75% of the total course fee (inclusive of Examination Charges).
Maximum loan amount - Rs. 3,000,000/-
Minimum loan amount - Rs. 100,000/-
Your loan will be disbursed on staggered basis, based on the Course fee schedule, directly to the education institute.Repayment period
Maximum repayment period will be 8 years. You have the option of choosing equated monthly instalments or reducing balance instalment method.
Interest rate applicable for Education Loans will be the Fixed Interest rate throughout the loan period.
Interest rate for each loan amount disbursed according to the payment schedule of the educational institute, will be based on the Interest rate prevailing at the point of disbursement .
Loans upto Rs. 500,000/- - One personal guarantor
Loans of Rs. 500,000/- and above - Property mortgage
Loans for overseas education - Property mortgage
For more details : +94 112353333 | Website
Maximum Rs:4.0 Mn.Eligibility
BOC Customers, Students with minimum of 03 passes for G.C.E (A/L)
Students with minimum of 3 passes for G.C.E. (A/L) for degree courses
should be an employee to follow Post Graduate Examinations & other Diplomas relevant to the existing job
Educational institutes, universities (Local/foreign) and courses offered by them should be approved by the University Grant Commission of Sri Lanka.
Maximum of 7 years with 04 years grace periodSecurity
Mortgage over property for facilities over Rs: 500,000/=Financing the
Registration fees Course fees Examination fees Payments for travel expenses can be considered for Foreign UniversitiesDocuments Required
Letter from University
Proof of identification (NIC/Passport)
For more details : +94 112204444 | Website
NSB Buddhi helps you to pursue higher studies in Sri Lanka or overseas and to excel in your chosen career path. NSB Buddhi offers a host of benefits including:
Any Sri Lankan Citizen:
Between 18 to 50 years of age
Enrolled for a higher education course at a local or foreign university/college/academy or any other higher educational or professional institute, and
Loan facility is based upon your:
For more details : +94 11 2 379 379 | Website
For more details : +94 0 112 462 462 | Website
We understand that ensuring quality higher education is one of the most important things we can do for our future generation. The Wisdom loan scheme is designed to support the youth of our nation as they strive towards fulfilling their dreams. The loan offers up to Rs.10 Million, to complete higher studies, vocational education, or to obtain a professional qualification in a local/ foreign university or institute.
For more details : +94 0 11 2 481 481 | Website
Maximize the usage of your account:
For more details : +94 0 11 2 008 888 | Website
our commitment to your studies should not be diluted by financial worries
For more details : +94 11 244 8888 | Website
Our DFCC Nenasa Educational Loan offers financial assistance to fulfill your academic aspirations, efficiently and affordably, with a loan approval process that is swift and available via branches of DFCC Bank across the island.
For more details : +94 011 2 350 000 | Website
Don’t let registration fees, tuition fees, exam fees, boarding fees and air travel expenses get in the way of your dreams for higher education. The ‘Pragathi’ educational loan scheme is specially designed to support your needs.Pay a small amount while you study and settle the rest once you start working Rs. 15,000 a month for a loan of Rs. 1 million
For more details : +94 0112 200 200 | Website
An ideal solution for parents seeking to finance their children’s higher education and for employed professionals who wish to pursue higher education including professional studies.
Loans granted for all recognized Degrees in UGC approved private/semi government local universities and foreign universities (based in Sri Lanka & abroad) and recognized professional examinations.Category B – Sri Lankan individuals who wish to complete recognized professional exams
Loans granted to individuals who wish to complete recognized professionals exams, UGC approved Degrees, Masters and PhD programmes
For more details : +94 011 4 667 222 | Website
You may find that a good education can be very expensive to obtain, making you think that the pursuit of higher studies is simply out of reach for you or your child. Our Lifestyle Education Loan will help you or your child reach new heights and go places.Benefits of an Education Loan
You're eligible to apply for a Lifestyle Education Loan from HSBC if you are:
You can make an application for a Lifestyle Education Loan by submitting the following:
For more details : +94 (0)11 2 511 533| Website