SCHOOL FEES ADVANCE

Do I need to have an account with WEMA to have access to this facility?
Yes, you do. Please download the ALAT Application to open an account or visit the nearest branch.
Mon, 15 Feb, 2021 at 8:15 AM
What are the minimum and maximum facility amount I can access?
The minimum amount loanable for this facility is N50,000 and the maximum amount is N3,000,000
Mon, 15 Feb, 2021 at 8:15 AM
What is the tenure for repayment of this facility?
The repayment period is 12 months 
Mon, 15 Feb, 2021 at 8:15 AM
What is the maximum number of children I can access this loan for?
A Maximum of 4 children subject to DSR (Debt Service Ratio), please speak to your account officer for further directions
Mon, 15 Feb, 2021 at 8:15 AM
What collateral do I need for this loan?
You do not need to provide a collateral for this facility
Mon, 15 Feb, 2021 at 8:16 AM
What is School Fees Advance?
School Fees Advance is a short-term finance designed to meet the financial needs of parents/guardians when their school fees obligation falls due. 
Mon, 15 Feb, 2021 at 8:16 AM
What documents do I need to provide to be able to access this facility?
The documents required are;      Completed School Fees Advance Application Form Letter of introduction from the employer: to determine the employment ...
Mon, 15 Feb, 2021 at 8:16 AM