Financial Aid

U​niversity Financial Support ​

1. Scholarships

   Effat University offers a variety of scholarship opportunities to support eligible students. These scholarships may be funded by the University or through external donors and are awarded based on defined eligibility requirements. Available scholarships may include:
   

   • Merit-based scholarships (academic, sports, cultural, and overseas students)​​
     

   • Donor-funded or restricted scholarships.
     

   • Program-specific or cohort-based scholarships.
     

   • Financial Aid.
     

   Scholarship and financial aid coverage may be partial or full, subject to the terms and conditions of the applicable scholarship agreement.

   Scholarship Eligibility Criteria

   Scholarship eligibility at Effat University is assessed based on established criteria, which may include:

   • Academic merit based on previous degrees.
     

   • Enrollment status and academic program.
     

   • Compliance with university academic and financial policies.
     

   • Any additional conditions specified by AASC or donors.

   Meeting the eligibility criteria does not guarantee approval, as awards are subject to availability and institutional review.

   Scholarship Application Process

   Scholarships at Effat University are awarded based on a formal contractual agreement that remains valid until graduation, subject to the student's continued compliance with the stipulated academic and conduct requirements.

   Effat University offers academic merit scholarships to new students based on the official documents submitted with their admission application. Eligible students who meet the scholarship requirements are required to sign an official scholarship contract with the University, which confirms the awarded scholarship and outlines the conditions for maintaining it throughout their studies. For other types of financial support, students are requested to apply through the Scholarship Office, and they will be notified of the outcome within two weeks.

   The approved scholarship percentage remains fixed throughout the academic program, provided that the student continues to meet all contractual requirements. Failure to comply with the stated conditions, particularly the minimum required GPA, may result in the suspension or revocation of the scholarship, in accordance with the signed scholarship contract.

   To support student retention and academic success, Effat University offers students whose scholarships have been revoked for non-compliance with academic requirements the opportunity to participate in the Scholarship Success Program. This program provides alternative financial support at a revised scholarship percentage, designed to encourage students to improve their academic performance and successfully continue their studies.
   

2. Effat University Installment Plan

   Effat University provides payment options to support students and their families in responsibly managing tuition obligations while recognizing varying financial circumstances, in line with the University's commitment to accessible and sustainable education.

   Effat Payment Plan eligibility: Students may be permitted to pay tuition fees in up to three (3) installments per academic semester, subject to eligibility criteria.

   Eligibility Criteria

   1. Good academic standing.
   2. ​​​​​Financial standing:

      • Zero outstanding balances from previous semesters.

      • The student maintains a consistent payment record on prior installment plans.

      • An amount of ​5,000 of total semester tuition must be paid before activation of the installment plan.

      • Effat University reserves the right to decline installment requests based on risk assessment.

3. Students’ Loan

   Effat University has established formal agreements with approved third-party financing institutions and foundations to provide student loan solutions that assist students in fulfilling their tuition payment obligations.

   The following third-party financing institutions are approved partners of the university:

   • Maslak Educational Loan Program
     

     Maslak is an educational financing fund. It is an educational financing fund that enables access to university education by providing educational loans for specializations required in the labor market, with flexible repayment terms during the years of study extending beyond graduation, without interest. The fund operates through a strategic partnership with the General Authority for Awqaf. The Maslak educational loan program is available to Effat University students. Participation is subject to the terms, conditions, and approval of the issuing authority.
     

   • Social Development Bank (SDB) Education Financing​​
     

     The Social Development Bank (SDB), a Saudi government development bank, offers an Education Financing product to support students pursuing post-secondary education, including diploma, bachelor's, and master's programs. This product provides educational financing of up to SAR 100,000, disbursed in accordance with the terms and​ conditions approved by SDB, which may include installments or lump-sum payments directly to accredited educational institutions. Participation in this financing option is subject to SDB eligibility criteria and the Bank's approval. The University facilitates information about this option but does not guarantee approval by external financing entities.
     

   • JeelPay

     Effat University may offer an installment-based tuition payment plan through JeelPay, a licensed financial technology platform that enables tuition payments to be divided into monthly interest-free installments. JeelPay's services are subject to student eligibility, provider approval, and applicable University regulations. Tuition installment arrangements under JeelPay are structured in accordance with JeelPay's authorized terms and with oversight from the Saudi Central Bank.

   • Tamara

     Effat University may offer an installment payment option through Tamara, a licensed financial technology platform that provides Buy Now, Pay Later payment solutions. Under this option, eligible students may settle tuition fees in interest-free installments subject to the terms, conditions, and approval of Tamara and applicable University regulations. Approval, payment schedules, and obligations are governed by the service provider and the student's agreement with Tamara.

4. Financial Aid

   Effat University has established a Financial Aid Program to support students with limited income and help them continue their academic journey. The program targets students facing urgent or ongoing financial challenges that may hinder their ability to continue their studies, provided they demonstrate academic excellence and comply with the University's academic standards.
   

• ​The student must be in good academic standing according to the approved regulations.

• The student must provide proof of financial hardship through official documents showing income level, expenses, and family responsibilities.

• All required documents must be submitted within the specified application period.

The Admissions and Academic Evaluation Committee reviews applications, assesses financial need using approved criteria, and determines the appropriate financial aid amount for each case. Support is granted in accordance with the available budget and the principles of fairness and transparency.

This program aims to ensure access to education for all eligible students, support their academic continuity, and minimize any financial barriers that could prevent them from completing their studies.​