The APS Booost is a new student loan aimed at helping students further their studies locally, abroad or through distance learning. This loan is designed for students between the ages of 18 and 40, who would like to follow a learning course recognised at MQF Level 5 or higher. The course duration must be between 1 and 5 years.
The APS Booost student loan offers 100% financing on amounts between €5,000 and €50,000, with two possible interest rates available as part of the enhanced benefits package, making it more accessible and affordable to prospective applicants. The repayment term is 10 years, including a maximum of 5 years “repayment holiday” where the student will only be required to make interest repayments. All application-related fees are waived until 30th June 2022, other fees may be applicable in line with the Bank’s Tariff of Charges, available on apsbank.com.mt/tariff-of-charges.
Liana DeBattista, Head of Strategy & Propositions at APS Bank stated: “The Booost streamlines the Bank’s student lending product suite while offering our customers an enhanced benefits package. This is part of our commitment to provide a simple, personal and excellent banking experience also to those in their journey of studies.”
If you would like to learn more about APS Booost, please visit apsbank.com.mt/booost, call 21226644 or visit your nearest branch.