Loan Registration Info

Introduction

A. Pre-travel loan Package 2024 of up to $8000 – the amount approved for you will depend on which of our bank decides to approve your loan application consisting of:

1. $2000 for tickets

2. $1000 – US Housing deposit

3. $1000 – Settlement services –

4. $2500 – Migration Management CRM 5 year

5. Pocket money – $1000

6. $500 loan facilitation service fee

Total: $8000

Some banks may not approve pocket money without a collateral. In this case the pre-travel amount will be $7000.

Plus loan facilitation fee. 

This amount is added automatically to the tuition and living expenses loan which forms part of the Transfer2Transform loan package 2024.

B: Tuition of up to $100,000 for Tuition and living Expenses 

The loans are interest bearing no collateral loans. No need to deposit land or any property. The loans are made based on your future earnings. There is another version of you coming soon, a high earning magnet, which is so powerful, you are already operating at another level! Congrats! 

 

Step 1: Ready, Set and Go!

Create an account and confirm your email address. We are here to support you throughout this journey to facilitate your loan process through our financiers. After your visa, you do not have to panic looking for money to buy airline tickets. We have you covered – but you are responsible for your pocket money. We recommend $1000 or more of pocket money as your living expenses funds may take up to 30 days to be in your account. 

Step 2: Application for Funding

Provide us details about your plans and we will send you a customized quote from the financiers that best fit your circumstances. If you are undecided on where to study from our list of schools in our new operating six countries: 

US, Canada, Denmark, France, UK and Australia, go ahead and create a separate application for each school and do your own comparative analysis!

Step 3: Upload your documents

Once you accept the quote that suits you best, upload your documents. 

Step 4: Finalise your loan

We will work with you to match your application with the funds from our various financiers. Once you are matched, we will inform you so you can commit to your loans – both the pre-travel pack and the tuition pack. You will then receive a conditional loan letter from our financier after you have received your visa. We will apply for the loans for you after approval of your visa – during which time you will be attending our “Overseas Success Prep School.

We will then request your US or other country where you will be attending school -based on your admission letter- to certify your loan. 

Step 5: Digitally sign

You will digitally sign your pre-travel loan agreement before you start the readiness program with your acceptance of the program after you have successfully prequalified. Please note you will be attending the embassy visa interview with bank statements per your readiness training information. 

Upon arrival on your international school campus you will sign your loan agreement digitally. Once we know you are physically on campus your money will be sent to you. Your SOS Designated student official will help you to open a personal bank account with any of the program banking partners and introduce you to your housing in our community. You will join a great family of like minded gamechangers like you, from all over the world! 

 The funds will be sent straight to your school and the service providers – you are covered!  The entire amount of tuition plus living expenses will be paid directly to your school. The school will then deposit the amount allocated to living expenses into your US personal bank account. The amount allocated to pre-travel pack which includes your ticket, housing, settlement and migration management will be paid to SOS. 

Step 6: Study first, pay later

Depending on the terms and conditions of the loan package you qualified for/ you will start paying interest only while in school and principal payments will start after you finish and going into six months after classes end if you study full-time. 

Your loan agreement will specify the due date of your first repayment. 

You will be joining our SOS Nekotech community where ever you go. You are not alone! We will be holding annual events, mentoring, Virtual networking and webinars to keep you abreast of your industry as well as making sure you stay engaged back home also. 

As a member of the sos nekotech community, you will be able to use our financiers mobile app any time to check your statements, outstanding balance, review payment due dates, and get information about making payments.