EDUBAO
COMPREHENSIVE EUROPEAN STUDY LOAN POLICY DOCUMENT

1. OVERVIEW
This document outlines the full policy, structure, and operational guidelines for the European Study Loan Program offered by EDUBAO.

The loan is specifically designed for students who have secured admission into recognized institutions within Schengen countries and Eurozone member states, providing financial access to pursue quality education across Europe.

2. PROGRAM OBJECTIVES
– To provide accessible education financing
– To support students in achieving international academic goals
– To ensure compliance with European visa financial requirements
– To reduce financial burden through structured repayment plans

3. SCOPE OF FUNDING
The loan strictly covers:
1. Tuition Fees (paid directly to the institution)
2. Living Expenses (mandatory unless officially exempted)

4. LOAN LIMITS
Minimum: €10,000
Maximum: €50,000

5. TARGET BENEFICIARIES
– Undergraduate students
– Postgraduate students
– Applicants with valid admission offers
– Individuals with clear academic and travel intentions

6. ELIGIBILITY (GEOGRAPHICAL COVERAGE)

Schengen Countries:
Austria, Belgium, Croatia, Czech Republic, Denmark, Estonia, Finland, France, Germany, Greece, Hungary, Iceland, Italy, Latvia, Liechtenstein, Lithuania, Luxembourg, Malta, Netherlands, Norway, Poland, Portugal, Slovakia, Slovenia, Spain, Sweden, Switzerland

Eurozone Countries:
Austria, Belgium, Croatia, Cyprus, Estonia, Finland, France, Germany, Greece, Ireland, Italy, Latvia, Lithuania, Luxembourg, Malta, Netherlands, Portugal, Slovakia, Slovenia, Spain

7. REQUIRED DOCUMENTATION
– Admission Letter
– Valid International Passport
– Tuition Fee Invoice
– Proof of Address
– Academic Records
– Additional documents if required

8. FINANCIAL COMMITMENT
Applicants must deposit 10% of total funding into:
– 5TT Microfinance Bank
– Parallax Bank

9. SECURITY REQUIREMENTS
– No collateral required
– A guarantor is mandatory
– Guarantor must provide signed cheques
– Subject to verification

10. SERVICE FEES
Non-refundable fee: €500

11. DISBURSEMENT
– Tuition paid to institution
– Living expenses paid to student

12. REPAYMENT
Grace Period: 3 months after disbursement
Duration: Up to 36 months
Interest: 0.8% monthly

13. DEFAULT
May lead to penalties, legal action, or blacklisting

14. ETHICAL USE
Funds must be used for education and living only

15. LIMITATION
EDUBAO not liable for visa denial or withdrawal

16. AMENDMENT
Policy may be updated

17. DECLARATION
Name: __________
Signature: ______
Date: __________