IIHS partners with DFCC Bank to provide exclusive educational loans for health students

The International Institute of Health Sciences (IIHS), the country’s leading institute for health education, recently announced a landmark partnership with the DFCC Bank through which IIHS students will be provided with loans at attractive rates as low as 16.5% with many other benefits. The IIHS is specialised in offering nursing-related educational qualifications, and affiliated with Coventry University in the United Kingdom (UK). The partnership was officially entered into on 01st February 2024 at an event attended by representatives from both parties. The IIHS was represented by its Co-founder and Chief Executive Officer (CEO) Dr. Kithsiri Edirisinghe, and Mr. Anton Arumugam – Offshore Banking, Remittances and Business Development represented the DFCC Bank.

Being a promising opportunity for students, this collaboration will enable students to pursue quality education in the health sector with the support of a reputed financial institution. The combination of attractive loan terms and the prospect of earning a globally recognised degree in Sri Lanka will also enhance education options for aspiring medical professionals. Most importantly, this programme will be of great significant benefit for students, particularly in the current economic climate. The benefits of this collaboration include up to 100% funding of the course fee, an extended repayment period of up to seven years with an initial grace period of up to 18 months during which only interest payments are required to be made, and a doorstep service for maximum convenience. The partnership comes in the wake of IIHS preparing for a fresh intake of students for its various degree programmes, including BSc (Hons) degrees in Nursing, which can be completed in Sri Lanka.

Commenting on the occasion, Dr. Edirisinghe said: “Qualified nursing and other health sector professionals are now in high demand, both locally and internationally. Thus, our degree programme, which is affiliated with Coventry University, UK is an ideal choice, particularly for those interested in building a career in nursing. This focused loan scheme provides an attractive opportunity for students looking to finance their education and achieve their aspirations.” Discussing the benefits for students, Mr. Arumugam said: “We are incredibly pleased to partner with IIHS, the pioneers in health education in Sri Lanka. There are many aspiring young individuals looking to build their skills in search of building a stable career in this industry. IIHS is an exceptional route for them, and we are very happy to be able to introduce such an attractive educational loan programme for Sri Lankan students.”

Mr. Dushan Weerakoon (Vice President – Personal Financial Services – DFCC Bank), Mr. Anton Arumugam (Senior Vice President – Remittances, Offshore Banking & Trade Business Development – DFCC Bank), Dr. Kithsiri Edirisinghe (Co-founder/CEO – IIHS), Mrs. Stephanie Anthony (Director – Administration – IIHS Operation Lead)