APS Bank - APS Achieve study loans

APS Achieve Study Loan

Take the next step in your education with an APS Achieve study loan. Upgrading your academic profile requires foresight and determination. Wisdom will ultimately drive your career in the direction you’ve been dreaming of. APS Achieve has been designed to help you accomplish your goals by minimising the financial burden, to allow you to focus on your studies and achieve the career advancement you have always wished for. If you are between 18 and 50 years of age and are planning to read for a degree which is equal to or higher than MQC Level 6, you could not have chosen a better banking partner.

APS Achieve gives you the opportunity to take advantage of the financial freedom needed to further your studies, whilst also providing you with other benefits such as:

  • A moratorium on loan capital repayments to help you with your commitments
  • Full–Time employees may apply for an unsecured Virtual Electronic Personal Overdraft account (max €5,000)
  • Virtual account + access to myAPS internet and mobile banking


Features at a glance:

  • Type of Facility: Loan
  • Amount: A minimum of €8,000 may be applied for; if the loan amount exceeds €30,000 security will be requested
  • Front Contribution:  20% if unsecured*, 10% if secured 
  • Term: Maximum period of 10 Years
  • Fees: Processing fees of €100; Legal Fees as per Bank's tariffs
  • Early Repayment Fees: N/A
  • Moratorium: Applicable
  • Interest Rates: An interest rate margin varies from 1.65% p.a. to 3.15% p.a. over the Bank's Base Rate 



    * Typical Example: A loan amount of €24,000 subject to a variable borrowing interest rate of 5.4% p.a. (APRC 5.72% p.a.) will be repayable in equal monthly instalments of €457.32 over a term of 5 years after a maximum 5 year capital moratorium, during which debit interest is to be paid separately as and when due (Total Maximum term of 10 years). The total sum payable throughout the term of the loan, assuming the interest rate remains unchanged, will be €33,919. A front contribution of €6,000 (20%) is applicable for unsecured loans. The example is inclusive of a processing fee of €100. Issued by APS Bank plc of APS Centre, Tower Street, Birkirkara BKR4012.

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APS Bank plc is regulated by the Malta Financial Services Authority as a Credit Institution under the Banking Act 1994 and to carry out Investment Services activities under the Investment Services Act 1994. The Bank is also registered as a Tied Insurance Intermediary under the Insurance Distribution Act 2018.