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Wednesday, February 21, 2024

Al-Ummah Zakat & Sadaqah Foundation Student Loan Program 2024 | How to Appy

Al-Ummah Zakat & Sadaqah Foundation Student Loan Program offers a ₦250,000.00 revolving loan fund, effective November 1, 2023.

This fund is exclusively available for Muslim PhD students in any Nigerian University at the post-field stage of their program, subject to simple conditions.

In this article, we will be taking you through the details you need when applying for the loan program 

Al-Ummah Zakat & Sadaqah Foundation Student Loan Summary

  • Host: Al-Ummah Zakat & Sadaqah Foundation
  • Category: PhD Scholarships 
  • Eligible Country: Nigeria 
  • Reward: ₦250,000
  • Deadline: Not Specified 
  • Scholarship Alerts: To receive Scholarship Alerts on WhatsApp, Click HERE

Al-Ummah Zakat & Sadaqah Foundation Student Loan Program Details:

The Al-Ummah Zakat & Sadaqah Foundation Student Loan Program fund is accessible upon completion of a straightforward loan application form, valid nomination by UZSFNg-appointed sponsors, support from a guarantor (which can be the applicant), and the availability of funds at the time of application.

With a 12-month moratorium on repayment, the loan is repaid in ten equal ₦25,000 installments over ten months, ensuring flexibility for the recipients.

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Eligibility Requirements for Al-Ummah Zakat & Sadaqah Foundation Student Loan Program 2024

To be considered for the Al-Ummah Zakat & Sadaqah Foundation Student Loan Program, you must:

  • Must be a Muslim PhD student
  • Should be at the Post Field stage of the PhD program.
  • Completion of the designated loan application form.
  • Valid nomination by a UZSFNg-appointed sponsor.
  • Secure support from a guarantor, which can be the applicant with the sponsor’s agreement.
  • Confirmation of fund availability at the time of application.
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Benefits of the Al-Ummah Zakat & Sadaqah Foundation Student Loan Program 2024

  • ₦250,000.00 revolving loan fund
  • 12-month moratorium for loan repayment.
  • Repayment in ten equal ₦25,000 installments over 10 months.
  • Your support is crucial to the success of the scheme.

List of Sponsors for the Al-Ummah Zakat & Sadaqah Foundation Student Loan Program

To apply, you must be sponsored by any of the following persons;

  1. Mallam Kabir AlamalYaqeen
  2. Ustadh AbdulJaleel Arikewuyo
  3. Mallam Yousuph Nurudeen
  4. Ustadh Lukman Kewulere
  5. Engr Ibrahim Nurudeen
  6. Mallam Adigun AbdulFatah
  7. Mallam Sulaiman Ra’afiu
  8. Dr. Zubayr Ibrahim
  9. Engr. Bashir Momoh
  10. Hajia Zulfah Adenipekun

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How to Apply for the Al-Ummah Zakat & Sadaqah Foundation Student Loan Program (Step by Step)

Intrested and qualified applicants for the Al-Ummah Zakat & Sadaqah Foundation Student Loan Program should follow the following steps 

  1. Obtain the application form from our listed sponsors.
  2. Complete and return the form to your sponsor.
  3. Wait for 2 weeks, then contact your sponsor for feedback.

Deadline: Not Specified 

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