- Qualify for reduction on loan for Tertiary Education.
- Grant will be paid annually up to Sixth Form once the minimum monthly share contribution of fifty($ 50.00) dollars is maintained.
- Contribute a minimum of fifty ($50.00) dollars per month to shares for five (5) years and become eligible for S.E.A. grant
- Open new accounts for your children between age 0-5 years and PSCU will make initial contribution of $50-$100 in shares
OUR STEP PLAN INCLUDES:
i) Members opening new accounts for;
*Infants 0-12 months initial Share contribution of one hundred ($100.00) dollars from PSCU Credit Union.
*Children ages 1-5 years initial Share contribution of fifty ($50.00) dollars from PSCU Credit Union will be credited to their shares once the account is held for three (3) years.
ii) Members contributing a minimum of fifty ($50.00) dollars per month to shares for five (5) years prior to their children’s success at the S.E.A. Exam will automatically become eligible for the S.E.A. grant.
iii) This grant will be paid annually up to sixth form once members maintain the minimum monthly share contribution of fifty ($50.00) dollars.
iv) Members will be eligible for a 25% reduction in interest on loans of up to one thousand ($1,000.00) dollars to assist in meeting the child’s educational expenses during secondary school and three thousand ($3000.00) dollars for Tertiary Level.