Fukuoka City-based Nishi-Nippon City Bank became the first bank in the country to offer student loans when it introduced a special program on the 22nd for those aged 18-30 to help pay tuition and living expenses. One of the requirements is that a parent cosign the loan. The interest rate will be fixed at 2.0% for students still in school, but after graduation that will rise to about 4.8%. Students can borrow up to one million yen.
Local News
- TOP
- Local News
- Nishi-Nippon City Bank to Offer Student Loans