Features & Benefits

  • Obtain financing of up to BND 200,000.00 (subject to income requirements)
  • Maximum financing period up to 10 years
  • Wide range of expenses covered, including:
    • Registration fees
    • Education or tuition fees
    • Cost of living
    • Accommodation
    • Yearly return air-ticket
  • Choose from two financing packages
    Package Details
    Package A – Financing without Grace Period
    • Profit plus principle to be paid upon disbursement of funds
    Package B – Financing with Grace Period
    • Pays profit only during grace period according drawdown amount
    • Pays profit plus principle after the grace period
    • 36 months maximum grace period

Shariah Concept

  • The Shariah concept applicable is Tawarruq
  • Tawarruq, also known as Reverse Murabahah, refers to the process of purchasing a commodity for a deferred price determined through Musawama (bargaining) or Murabaha (mark-up sale), and selling it to a third party for a spot price so as to obtain cash.


  • Brunei Citizens and Permanent Residents
  • Brunei Citizens and Permanent Residents
  • Individuals aged 18 to 65 years

Required Documents

  • Original copy of Identity Card or Passport
  • Copy of latest Salary Slip
  • Confirmation of Salary / service contract / pension (where applicable)
  • Original copy of Identity Card or Passport
  • Letter of Acceptance from the Educational Institution
  • Course Fees Structure from the Educational Institution
  • Estimated Cost of Living from the Educational Institution

Fees and Requirements

For more details, please refer to the Bank's Schedule of Tariffs or the list of applicable rates for this product.

More Information

Courses Applicable
  • A-Level
  • Foundation Courses
  • R&D (special)
  • BQL College (selected Diploma)
  • Cosmopolitan College of Commerce & Technology (selected Diploma)
  • Higher National Diploma
  • Post Graduate
  • Master Degree
  • Professional Courses
  • And others as approved by the Bank

Please read this Product Disclosure Sheet before you decide to take the Children's Education.  Be sure also to read the General Terms and Conditions.