Hatton National Bank has announced the formalization of a strategic Memorandum of Understanding (MoU) with General Sir John Kotelawala Defense University. This collaboration marks a key milestone in expanding access to quality higher education by providing structured, accessible financing solutions to eligible students. Under the terms of this MoU, HNB will extend tailored education loan facilities to students enrolling at General Sir John Kotelawala Defense University, thereby enabling them to pursue their academic aspirations with greater financial flexibility and confidence. The scheme is designed to ease the financial burden on students by incorporating a grace period within the loan tenure, during which borrowers may service only the applicable interest component.
This provision is intended to support students during the initial phase of their academic journey until they are better positioned to undertake full repayment. This partnership underscores HNB’s continued commitment to advancing education, promoting financial inclusion, and developing skilled human capital in Sri Lanka. By collaborating with General Sir John Kotela-wala Defense University, HNB reaffirms its role as a key facilitator in empowering the next generation through sustainable financial solutions. Students seeking further information about the education loan facilities available under this arrangement are encouraged to visit any HNB branch or contact General Sir John Kotelawala Defense University directly for guidance and assistance.
