At the 3rd Academic Board of the University, it was approved that The University shall charge 12% interest on all outstanding balances after Graduation.
As students were kindly permitted by the University to complete their course work and graduate despite owing, yet, they failed to make payments as promised. Some owe as far back as 2006.
The 12% interest charge on outstanding balance kicks in two (2) months after Graduation.
This policy covers all outstanding balances without exceptions and shall come into effect from November 2021.