When it comes to financing education, especially higher education, our team at Grenada Co-operative Bank understands how overwhelming it can be trying to figure out how to cover university expenses. You should be focused on making the most out of your university experience –– getting good grades, building a network, and developing transferrable skills for life after graduation –– not worrying about where next semester’s tuition is coming from.
As Grenada’s only indigenous commercial bank, we are dedicated to our nation’s holistic development. We believe in the power of education to transform societies and are committed to supporting Grenadians as they pursue their academic goals. That’s why we developed financial solutions specifically designed to help you cover the costs of education, at all levels, whether you need support now or as you prepare for the future.
If you need support now, Co-op Bank can HELP!
Our Higher Education Loan Plan (HELP) is a student loan for full coverage of tuition cost, accommodations and books. Convenient and flexible repayment terms, reduced fees and a pre-approved credit card are just some of the features of this financing solution for students heading to university. At Co-op Bank, our HELP comes in two forms: Gold and Platinum. With the Gold Plan, interest is capitalized at the end of study and small, minimum principal repayments are made during the course of study. The Platinum Plan offers the convenience of repaying the interest during the period of study, and the balance never increases while interest is paid.
Another financial solution for tertiary-level education is the Earn and Learn Education Loan in partnership with the University of the West Indies (UWI) Global Campus Grenada. Earn and Loan is a great option for people who are balancing employment and studies at UWI Global Campus Grenada. The Earn and Learn education loan offers unsecured financing up to $40,000, with a competitive interest rate, to cover tuition costs and school supplies.
As you prepare for the future, be a Super Starter!
Your little scholars may not be ready for college or university yet, but from our perspective, it’s not too early to start preparing for their higher education. More than a savings account, our Super Starter Education Investment Plan (EIP) is a well-planned investment strategy to achieve future academic goals. The Super Starter EIP offers three plans, making it easier for you to find an option that meets your needs. Our EIP also has attractive perks, including the ability to earn $5 for every “A” achieved and the chance to win scholarships to cover school expenses. Then, when the time for college comes, the Super Starter EIP can be used as security for a higher education loan.
It’s time to stop deferring your educational dreams and Co-op Bank is here to help. Visit one of our Retail Banking Units or our website to learn more.
