
Education Support Program
How it works
Overview:
The Releift Educational Support Program is dedicated to easing the financial burden of tuition fees for students and their parents facing economic challenges. By providing timely financial assistance, Releift aims to ensure that students can continue their education uninterrupted, regardless of their current financial situation.
Eligibility:
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Students or their parents currently involved with accredited educational institutions.
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Evidence of financial need or unexpected financial difficulties.
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Students must be maintaining satisfactory academic progress as defined by their institutions.
Program Features:
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Direct Payment to Institutions: Releift will handle all payments directly to the educational institutions, ensuring that tuition fees are promptly covered.
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Flexible Repayment Plans: Beneficiaries can choose repayment terms ranging from 6 to 12 months, according to their financial capability.
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Minimal Additional Cost: The last instalment includes a 10% administrative fee and no interest is charged on any repayments, making this an affordable option compared to traditional loan services.
Repayment Details:
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Upon acceptance into the program, a repayment agreement is established based on the beneficiary’s financial comfort.
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The total tuition amount will be divided across the chosen period, with the last installment including a 10% administration fee.
Application Process:
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Initial Application: Complete the online application form on the Releift website. Include details about the student, the educational institution, and the specific financial need.
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Supporting Documentation: Provide documentation such as proof of enrollment, academic records, and a detailed explanation of the financial hardship. Parents applying on behalf of their students should also submit proof of guardianship.
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Application Review: Applications are processed on a rolling basis. The Releift team may reach out for further information or clarification.
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Approval and Disbursement: Once approved, Releift coordinates directly with the educational institution for fee payment. Both student and parent will receive a breakdown of the repayment schedule and confirmation of the tuition payment.
Contact and Support:
For additional assistance or inquiries about the application process, please reach out to the Releift Educational Support team