EFG Hermes’ (HRHO) consumer finance arm ValU has partnered with the American University in Egypt (AUC) to facilitate payment of tuition fees.
More Details🧐 The partnership will allow students wishing to enroll in AUC’s undergraduate or graduate programs to finance one year’s worth of tuition fees in 6 to 12-month installments.
Students would pay through the digital payments platform “Paymob” at a reduced interest of 1.5%, with no down payment or administrative expenses.
Why is this Important🤔 Over 1,000 students enroll in AUC each year.
ValU CEO Walid Hassouna said the partnership is an integral part of the company’s efforts to facilitate access to high-quality education at affordable prices for all members of society.
