In partnership with the Central Popular Bank, also known as la Banque Populaire, Al Akhawayn University in Ifrane signed a convention to launch partial and total financing offers for future students that cover the university’s fees with 0% interest rate. Entitled “AVENIR PLUS-Al Akhawayn“, the loan covers university fees and premium insurance that can reach 250,000 DHS. Additionally, parents can request loans for additional costs that could reach 68,000 DHS per year, as described by the statement.
According to Al Akhawayn, the loan could cover up the fees for a study period of 5 years. The reimbursement period with 0% interest is applicable for the aforementioned 5 years only. The deadline is set for September 14th.
It is important to note that Al Akhawayn claims that the loans are 60% guaranteed by Caisse Centrale de Garantie (CCG).
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