Osun State University has announced Alumni startup fund. The fund is for alumni with bankable proposals, basically for those who are engaged or willing to engage in entrepreneurial business activities.
According to the call for application on the school official website, Olofofo Uniosun gathered that qualified alumni should apply for a loan of Two Hundred Thousand naira (N200,000.00) with a one (1) percent interest rate and a moratorium period of one (1) year with flexible repayment plans of: monthly; quarterly; bi-annually and annually for a maximum of two (2) years after the moratorium period.
Applicants must be Alumni of Osun State University and must be ready to submit his/her First Degree Certificate to foster commitment and provide one Guarantor, who must be a Grade/Level 5 and above Public/Civil servant.
To apply for the fund, you must fill a form. The completed form should be duly signed by the Head of Department. Click here to download form. Forms can also be collected from the Advancement Office, Osun State University, Osogbo.
Applicants are to submit the form at UNIOSUN Advancement office. The deadline is less than six weeks.