The Education Loan Application Form Template by WPForms is a great tool for schools, colleges, and universities that want to simplify the process of educational loans.
How Does the Education Loan Application Form Template Work?
The Education Loan Application Form Template requires the WPForms Pro License and the Signature Addon to make the loan application process a breeze. Fields include:
- Applicant Information:
- Full Name: Secure the applicant’s legal name to personalize the loan process.
- Date of Birth: Vital for confirming the applicant’s age and eligibility.
- Email Address: Essential for sending loan-related communications.
- Phone Number: For direct and immediate contact with the applicant.
- Employment Status: Gathers the applicant’s current working status.
- Employer Name: Helps in verifying employment details.
- Educational Information:
- Institution Name: The institution where the applicant intends to study.
- Field of Study: Provides insight into the applicant’s academic interests.
- Degree Sought: Clarifies the level of education being pursued.
- Expected Graduation Date: When the applicant will complete their education.
- Loan Information:
- Loan Amount Requested: Determines the financial requirement of the applicant.
- Purpose of Loan: What the loan will cover, like tuition or living expenses.
- Loan Term: Sets the expected duration for loan repayment.
- Repayment Plan: Identifies the preferred method of repaying the loan.
- Annual Income: Assesses the applicant’s ability to repay the loan.
- Total Annual Household Income: A fuller picture of the financial background.
- Documents and Declarations:
- Required Documents: Checklist for uploading necessary documents.
- Declaration Checkbox: For applicants to affirm the accuracy of their information.
- Signature and Date: Captures the applicant’s formal consent and agreement.
Sign up with WPForms today and access the Education Loan Application Form Template. It is perfect for any entity involved in facilitating education loans.
