How To Apply For Access Bank Student Loans: A 5 Step-by-Step Guide

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Access Bank offers a convenient way for students and their parents/guardians to finance their education through the Access Bank Student Loans program. This loan facility, known as Advance for School Fees, is specifically designed to provide short-term financing for undergraduate studies, postgraduate studies, and professional examinations. In this article, we will guide you through the process of applying for an Access Bank Student Loan in simple and easy-to-understand terms.

Required Documents for Salaried Customers

If you are a salaried customer whose salary is domiciled in Access Bank, you will need to provide the following documents:

  1. Completed application form.
  2. Accepted offer letter.
  3. School fees bill/invoice in the student’s name, indicating the total fee amount.
  4. Valid ID card.
  5. Recent utility bill for the previous three months.

Required Documents for Non-Salaried Customers

If you are a non-salaried customer with an account domiciled in Access Bank, you will need to provide the following documents:

  1. Completed application form.
  2. Valid ID card.
  3. One year’s bank statement of the corporate account.
  4. CAC documents.
  5. Current utility bill for the previous three months.
  6. Evidence of the acceptance letter.
  7. School fees bill/invoice in the student’s name, indicating the total fee amount.
  8. Proof of lien on treasury bill or fixed deposit on any money market investments.
  9. Receipt of an acceptable guarantee (individual or corporate).
  10. The net worth of the guarantor.

It’s important to note that additional documents may be requested by the bank, such as the Executed NIBBS mandate form, payslips, and a six-month acceptable party guarantee for personal or corporate loans.

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How To Apply for Advanced School Fees in Access Bank

To apply for the Advanced School Fees loan facility, follow these steps:

  1. Visit the Access Bank website and download the application forms.
  2. Fill out the forms accurately with the required information.
  3. Electronically sign the form using a scanner app on your phone to capture your image.
  4. Compile the completed forms and the required documents.
  5. Send the forms and documents to

How To Get Access Bank Student Loans Without Collateral

Access Bank offers various methods to obtain a loan without collateral. Here are some options:

  1. QuickBooks app.
  2. Access Bank mobile app.
  3. Access Bank WhatsApp banking.
  4. Access Bank Internet banking.
  5. Payday loans USSD code.

These channels provide accessible and convenient ways to apply for a loan without requiring collateral.


How To Apply for a Loan Using USSD

You can easily apply for an Access Bank loan using the USSD code. Follow the steps below:

  1. Dial 901*11*1#.
  2. Follow the instructions displayed on your screen and select the payday loan option.
  3. Choose the desired loan amount.
  4. Once the loan is processed, the funds will be credited to your account.

How To Apply for a Loan Through the Access Bank App

Access Bank provides a user-friendly mobile app that allows you to apply for a loan. Follow these steps:

  1. Log in to your Access Bank account using the Access Mobile App or the QuickBucks App.
  2. Click on the “Loan” tab.
  3. Select the “Payday Loan” option.
  4. Upon approval, the loan amount will be credited directly to your account.

How To Apply for a Loan via Online Banking

Access Bank offers the option to apply for a loan through its online banking platform. Follow these steps:

  1. Visit the official Access Bank website.
  2. Log in using your username and password.
  3. Click on the “Loans” section.
  4. Select the “Check Eligibility” option to determine the loan amount you are eligible for.
  5. Specify the desired loan amount.
  6. Accept the terms and conditions.
  7. Once approved, your Access Bank account will disburse the loan amount.
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Requirements for Access Bank Student Loans

To be eligible for an Access Bank Student Loan, you need to meet the following requirements:

  1. Have an active Access Bank salary account.
  2. Provide the phone number linked to your BVN.
  3. Maintain regular deposits into your salary account. New accounts are not eligible for this loan.
  4. Demonstrate a good repayment history.
  5. Meet the specific requirements set by Access Bank for student loans.

How To Repay Your Access Bank Student Loans

Access Bank loan

Repaying your loan in Access Bank is simple and hassle-free. The loan amount will be automatically deducted from your salary bank account. There are no formalities or complex procedures involved. The repayment will be conveniently managed through the deduction system which is your salary account with the bank.

Have question? check out this comprehensive post that provides answers to your questions


Access Bank offers student loans through the Advance for School Fees loan facility, providing financial assistance for various educational needs. By following the outlined steps, you can easily apply for an Access Bank Student Loan, ensuring a smoother path toward achieving your educational goals.



1. Can I apply for an Access Bank Student Loan if I am not an Access Bank customer?

Access Bank Student Loans are exclusively available to Access Bank customers who meet the specific requirements for student loans.

2. Are there any charges or fees associated with applying for Access Bank Student Loans?

The potential imposition of certain charges or fees connected to the processing of loans by Access Bank will be disclosed during the application phase of the process. It is in your best interest to go through the terms and conditions that the bank has supplied.

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3. How long does it take to receive a loan disbursement after approval?

After your loan has been accepted, the processing of the distribution is normally completed quickly. On the other hand, the precise time may change based on a number of different elements, such as the conclusion of all essential verification processes and documents.

4. Can I repay the loan before the scheduled repayment date?

You do, in fact, have the option to repay the loan ahead of the date that was originally planned for repayment. Access Bank promotes healthy financial management and offers early loan repayments as a service to its customers.


5. Is the Access Bank Student Loan available for both undergraduate and postgraduate studies?

In response to your question, the Access Bank Student Loan does, in fact, provide funding for professional tests in addition to undergraduate and graduate levels of education.

Please note that each loan category may have its own set of terms and conditions, and if you want particular information about your loan needs and eligibility, it is best to get in touch with Access Bank directly.

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