Department of Computing & Information System (CIS)

FAQ for EduLoan

1.Who can apply for this loan?

Any financially disadvantaged candidate with minimum GPA 4.00 in HSC/equivalent with other minimum requirements (where applicable) will be able to apply for Eduloan at DIU.

2.How do I apply for a loan?
You can apply for the loan in a prescribed form which is available in admission office as well as in DIU website.

3.When should I apply for my loan and how long will it take to process?
You should apply for the loan at the time for admission. You will be notified about the decision within 1 week.

4.What is the amount of loan?
Maximum loan amount is 100% of the tuition fee.

5.Can I apply for Scholarship, if I take loan?
Yes, you can.

6.Do I have to pay any interest against my loan amount?

7.What is a Guarantor?
Guarantor is the person who will be responsible to repay the loan amount in case your inability to repay.

8.Who can be my Guarantor?
Your Father/Mother/Sibling/Any 1st blood relative

9.What academic standards must I maintain at DIU to be continued for loan?
Minimum CGPA 3.00 in overall academic year and 90% attendance rate.

10. What happens if I fail to make satisfactory academic progress?
Loan facilities may be cancelled or reevaluated.

11.What are my repayment options?

12.What happens if I miss any repayment installment?
If you miss 1 installment you can give that along with the next month’s installment. If you miss 2 installment late fine of Tk 3000 need to be paid. If you miss 3 or more installment action will be taken.

13.Can I change repayment option later?
You may apply for change. But the repayment must be done within 7 years from the date of admission.

14.How can I find out how much I still owe?
You can communicate with the account section.

15.What happens if I discontinue or withdraw from the university?
You have to inform us formally. The authority will take decision on case by case basis.

16.I'm halfway through the semester and I haven't applied for a student loan, can I still apply?
Yes you can apply.

17. What are the causes of cancellation of loan facility?

If your academic progress is not satisfactory as per the rules or any misconduct found against DIU and country, the loan will


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