Interest rate
Principal Borrower Info
This is an employed individual applying for themselves or another individual.
Payment of Fees:
Fees may be paid via your Customer Portal, STEEP or to any of other payment facilities:
Paymaster or Bill Express online or any of their locations island-wide. A copy of the receipt or evidence of payment should be retained.
The Credit Report fee is non-refundable.
Fees must be paid before the final approval of your application for a loan.
Loan Info
To apply for a POSTGRAD loan, a first time applicant to the SLB, will be required to:
Step 1:
Applicant Sign Up/Register: Once the registration process is complete, a One Time Password (OTP) will be sent to your email address and mobile number. A 6-digit OTP will be sent to your email address and your mobile number which is needed to complete the registration process. After registration is complete you will be redirected to the Home page where you will be required to enter your email and the password you created.
Step 2:
Select the “New Loan” Tab and then the Loan solution that meets your needs. Complete the online application (for applicant) and upload the relevant documents to the customer portal and then submit your application.
Step 3:
Payment of Fees: Pay your fees via our customer portal, STEEP or to any of our other payment facilities:
Paymaster or Bill Express online or any of their locations island-wide. Payments can also be made at the SLB’s office. A copy of the receipt or evidence of payment should be retained for your files.
Application Fee: $6,250
Credit Report Check: $1,250 (for PAYS and Post Grad)
Moratorium Insurance: Fees can be paid in full or in installments prior to disbursements.
Step 4:
Document Submission: Applicants eligible for our new digital signature feature can now submit their documentation fully online. If you are required to submit physical documents, you will be notified directly. In that case, please prepare and submit your documents via the SLB office drop-box or utilize the drop-off facilities available at participating academic institutions.
Approved Tertiary Institutions
Required Documents for Borrower