First Bank of Nigeria Limited, has said its educational solution – FirstEdu -was designed to enhance the educational facilities in schools. The FirstEdu product includes FirstEdu loan and FirstEdu portal.
The product enables the schools to access facility with no tangible collateral, apart from domiciliation of school fees account with the Bank.
In addition, FirstEdu portal is a modular and robust web-based enterprise portal that enables Tertiary educational institutions manage academic, administrative, professional, logistics and payment challenges.
The basis for its robustness is to take the stress of logistics, administrative and payment challenges off the institutions, as they focus on meeting their year-long, medium and long-term objectives.
The product features and benefits include; e-Learning, virtual library and facilitation of exchange programmes with foreign educational institutions; academic & student events/time-table/calendar management; school fees payment via the internet; online information and result checking; interactive community forum between students and teachers.
It also affords applicants the opportunity of enrolling from the comfort of their homes or any location around the world; no licensing, installation and maintenance cost and plugs avenues for revenue leakages amongst others.