The Education Finance Program is designed to provide financial assistance to Malawian students pursuing higher education at recognized institutions within Malawi or abroad. With rising education costs, this loan helps reduce the financial burden on students and their families, ensuring that talented and ambitious young people can access quality education without being limited by financial constraints.
This program is aimed at supporting students in various fields of study, including but not limited to science, technology, engineering, arts, and business. By offering affordable loans with flexible repayment terms, the Student Loan program aims to foster personal growth, academic success, and ultimately, contribute to the development of Malawi’s human capital.
Service:
Education Finance
Loan Service Overview
Quick Loan Summary
Interest Rate
25.00 %Loan Amount
MWK 200,000.00 - MWK 2,000,000.00Loan Term
1 to 12 monthsEligibility
0Requirements
-Completed Application Form (available at CPL offices or online) -Proof of Malawian Citizenship (National ID or passport) -Proof of Enrollment at a recognized higher education institution (acceptance letter or enrollment confirmation) Academic Transcripts from previous studies (if applicable) Financial Needs Assessment: Evidence of financial need, such as family income statements, parental support letters, or other supporting financial documents. Proof of Age (birth certificate or National ID) A Letter of Recommendation from a teacher, academic advisor, or community leader A recent passport-sized photograph (for identification purposes) Student’s Contact Details (including phone number, email address, and residential address) Loan Repayment Plan: A brief plan outlining how the student intends to repay the loan after graduation, including potential employment prospects or sources of income.Our Education Finance Process
A structured approach to deliver exceptional results
Process documentation for this service is currently being updated.