Access Bank Student Loan: All You Should Know

Access Bank Student Loan

Access Bank is one of Nigeria’s leading commercial and microfinance banks that offers a range of financial products and services to individuals and businesses. The bank has rolled out education finance facilities to support parents/guardians and school proprietors. One of the loan products is the Access Bank Student Loan, also known as Advance for School Fees.

Advance for School Fees is a time loan facility designed to provide short-term financing to cover tuition fees for children/wards of up to 5 million naira. The loan is available to both salaried and non-salaried customers whose accounts are domiciled with Access Bank. However, to access the loan, certain documents are required.

Access Bank Student Loan Required Documents

For customers who receive salaries using their Access Bank account, the following documents are needed:

  • Correctly filled application form
  • Duly accepted offer letter
  • School fees bill/invoice containing the total fee in the name of the student.
  • Valid ID card and recent utility bill (with the last 3 months)

For non-salaried customers, below are the needed documents:

  • Correctly filled application form
  • Valid ID card
  • 1-year Bank statement of corporate account
  • CAC documents
  • Recent Utility Bill (within the last 3 months).
  • Duly accepted offer letter
  • School fees bill/ invoice containing the total fee in the name of the student.
  • Evidence of lien on treasury bill, fixed deposit on any money market investments. OR
  • Receipt of acceptable guarantee (individual or corporate) and
  • Statement of the guarantor’s Net worth

Additional documents may be requested by the bank, including an executed NIBBS mandate form, payslips, and a 6-month statement. An acceptable party guarantee of personal or corporate may also be required, provided that the guarantor maintains a salary or corporate account with Access Bank.

How to Apply For Access Bank Student Loan

If you’re interested in applying for Access Bank Advance for School Fees, here are the steps to take:

  • Download the attached forms from the bank website and fill them in with accurate information.
  • Pend your electronic signature by scanning your signature and saving it as an image. You can then copy and paste the image on the form.
  • Send the completed form and all required documents to

It’s important to note that the loan facility is only available for Private Crèche, Nursery, Primary, and Secondary Schools that are duly approved and registered by the Ministry of Education and Corporate Affairs Commission. Additionally, the loan is only available for schools/institutions in Nigeria.


In conclusion, the Access Bank Student Loan is an excellent option for parents/guardians who need short-term financing to cover their children’s/wards’ tuition fees. With easy application steps and reasonable interest rates, the loan facility can be a lifeline for many families struggling to pay school fees. However, it’s important to carefully consider the terms and conditions before applying for any loan. Also, ensure that you have all the required documents ready to make the application process as smooth as possible. With the Access Bank Student Loan, you can provide your child/ward with the education they deserve and give them a better chance at a successful future.


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