Education
Education Bundles
One loan for the whole family covering tuition, devices and stationery, released in tranches as each learner advances.
Interest
0.6% reducing
Up to
$100,000
Term
Up to 84 months
Security
10% of the total loan applied to shares.
Educate the family on one facility
Education Bundles is a single loan to cover education expenses and devices for your household: tuition, laptops, tablets, phones and stationery. It is not LAP (fixed school/tertiary amounts with a 15% pre-deposit) and it is not SQEL (one special qualification over up to 10 years).
Tranches
The loan is disbursed in tranches as a member advances to the next level or needs tuition, books or devices. Borrow up to $100,000 at 0.6% reducing for up to 84 months. 10% of the total loan is applied to shares.