Education Loan

In year 2014 the Fund came up with innovative product, education loans scheme to helpmembers’ pursue higher education. LAPF have realized that some of its members aspiring to pursue further education could not afford mainly due to inability to raise the fees.

 

The loans will be given to any member who applies, provided they meet the set criteria.

  • A member must have contributed to the Fund for a period of two years or more.
  • Loan amount shall be equal or less than 75% of his contributions to the Fund.
  • A member must also have admission into a Tanzanian higher education institution recognized by the Tanzania Commission of Universities (TCU) or the National Accreditation Council for Technical Education (NACTE).