On Friday December 8, 2023, Grenada Co-operative Bank Limited entered into an agreement with The University of the West Indies (UWI) Global Campus Grenada that will bring benefits to individuals wishing to pursue higher education at the institution.

The Bank has created “Earn and Learn”, an education loan product that is tailored to meet the needs of current and prospective students interested in becoming qualified while working. The facility offers unsecured financing up to $40,000, to finance tuition and school supplies, with a competitive interest rate and three attractive options to choose from.

The agreement was signed at The UWI’s location on H.A. Blaize Street, St. George’s by Dr. Nicole Phillip Dowe, Head of The UWI Global Campus, Grenada and Mr. Willvorn Grainger, Chief Experience Officer of Co-op Bank. Mr. Grainger remarked that this product is a welcome addition to the Bank’s suite of financial solutions and complements the Bank’s existing line of education products. This is the third financial solution aimed at satisfying the educational needs of our population.

Dr. Phillip-Dowe expressed her appreciation to the Bank for this special offer which provides students of The UWI Global Campus Grenada with an option for financing their educational goals. She also expressed her gratitude for the Bank’s commitment to the institution over the years.

As the only local commercial bank in Grenada, Co-op Bank is committed to creating opportunities for Grenadians to pursue educational advancement with ease, through financial solutions and community support programs. The Bank currently offers an Education Investment Plan (EIP), where customers can save for educational purposes.  The EIP also features an annual scholarship and star points program.

The Bank now has two financing  solutions: the Higher Education Loan Plan (HELP) to cover any tertiary educational  needs and the new Earn & Learn solution.