| Basic Eligibility: |
Applicants should have at least 25 years of age and a satisfactory personal and credit history. |
| Interest Rate: |
0%. |
| Loan Benefits: |
A tuition fee grant of US$ 5,000 contributed by Al Mustathmer to eligible students. |
| Fees: |
Eligible students are charged a one-time administrative fee of US$ 150 by Al Mustathmer. |
| Loan funds: |
The loan funds will be paid directly to ESA. |
| Reimbursement: |
At Al Mustathmer's own discretion, the reimbursement of the loan is made within a period of 3 years or 5 years with a grace period of 6 months. |
| Applicant requirements: |
- A verifiable income of at least US$ 2,500 for employed applicants.
- A qualified and creditworthy co-signer for unemployed applicants.
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| How to apply: |
- Applicants can retrieve the Xifm-Al Mustathmer student loan application either from www.al-mustathmer.com/XIFM or www.esa.edu.lb/XIFM
- Applicants can approach Al Mustathmer offices or ESA premises.
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