Sometimes we won't be able to offer the full amount you've requested for your loan. When this happens, we'll share the amount we can offer and will ask you to make up the difference using non-debt funds.
What are Non-Debt Funds?
If this is the case for you, we'll ask for an increase in non-debt funds - above what you've already included in your application.
"Non-debt funds" refer to any source of funding you're not required to repay.
What can I provide as proof of non-debt funds?
Here are some examples of non-debt funds:
- Savings
- Scholarships
- Sponsorships
- Contributions from your family and friends
We ask for these types of funds to ensure that you won't be overburdened with debt when you graduate from your masters.
Join one of our webinars
Want to know more about the documents needed to get your loan application verified in as little as 2 days? We invite you to join one of our monthly webinars on this topic! You can register here.
Alternatively, we host weekly webinars to answer all your loan application-related questions and you can register here.