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Education Loan

An education is an investment in the future

HSBC Education Loan

With an education loan from HSBC, going to school locally or overseas is an affordable and wise option.

Apply for this loan for a student to attend:

  • Private or boarding school
  • College or university
  • Professional designation courses
  • Online or correspondence courses

Your loan can be used to cover the student's expenses for:

  • Tuition, uniforms, and school fees
  • Books, supplies, computer equipment
  • Travel expenses, accommodation, other living expenses

We're here to help

  • Choose from variable interest rates. See our lending rates.
  • Choose a repayment term from 1 year to 5 years1.
  • Use the money right away. Once your loan is approved, the money is immediately deposited to your HSBC account. Or we can send the funds through a wire transfer to another bank.
  • After you have submitted the form, a lending officer will review it and contact you to discuss your application.
  • To avoid delay in processing, please ensure that you provide us with any documentation requested of you in a timely manner.

1Principal payments can be deferred and interest only payments allowed for a maximum of 2 years. The maximum term for this is 7 years.

Calculate your loan repayments

 
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Use this calculator to see how much your monthly payment will be.

 
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See what could save by combining your existing debt into one HSBC loan.

Eligibility criteria

This product and service is offered only in the jurisdiction of Bermuda by HSBC Bank Bermuda Limited and the material presented is not intended for use by persons located in or resident in other jurisdictions.

Apply for an HSBC Education Loan

Apply online and save $200

Applying for a loan doesn't have to be complicated. The online loan application is quick and easy to fill out. After you have submitted the form, we will begin reviewing your application on the next business day following submission.

An HSBC representative will contact you within 3 business days to advise if further details are required.

Not yet registered?

You must be registered for online banking to complete an online application form.

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Disclaimer

Issued by HSBC Bank Bermuda Limited, of 37 Front Street, Hamilton Bermuda, which is licensed to conduct Banking and Investment Business by the Bermuda Monetary Authority. The Site is primarily intended for those who access it from within Bermuda. Because of this, we cannot guarantee that the Site or the information thereon complies with law or regulation of other countries, or is appropriate for use, in other places. You are wholly responsible for use of the Site by any person using your computer and you must ensure that any such person complies with these Terms. The information provided on this Site is not intended for distribution to, or use by, any person in any jurisdiction where such distribution or use would be contrary to law or regulation. This Site should not be considered as communicating any invitation or inducement to engage in banking of investment activity or any offer to buy or sell any securities or other instruments outside Bermuda.

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