Bank First is a customer owned bank created by teachers, and we’ve been working in the education sector since 1972. We are proud to partner with Ducere Global Business School to provide a discounted, low-fee student loan especially designed for their MBA program.
An Australian Citizen or Australian Permanent Resident
Enroled in the Ducere MBA program
As a customer-owned bank, we offer low fee loans with competitive rates and the ability to tailor the repayments to suit your needs.
Two scenarios of estimated repayments are outlined below, based on a $20,000 enrolment fee.
Scenario 1 is based on you borrowing the full enrolment fee.
Scenario 2 is based on you being supported by your employer who pays half the enrolment fee and hence, you only need to borrow $10,000.
|Scenario 1||Scenario 2|
|Loan Term||5 years||5 years|
|Interest Rate||9.22% (10.57% comparison rate1)||9.22% (10.57% comparison rate1)|
|Estimated repayments per week||$97||$49|
Principal & interest repayments.
Student loans may require security, but we assess it on a case by case basis.
Total loan amount cannot exceed the enrolment fee.
Applicants must be Australian Citizens or Australian Permanent Residents.
Applicants must be in a sound financial position and able to service loan repayments.
You will be requested to provide certain supporting documents during the loan assessment process. One of our loan assessors will contact you to provide an email address to send the following (please have these documents scanned and ready to go):