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Loans

Education Loan

Study now, pay later with preferred rate.

Note: The calculation shown is for informational and reference purposes only. The installment shown does not include the mandatory insurance associated with the loan. The final value is subject to the credit study, approval conditions and applicable costs.

Education Loan
I want it

Choose your education loan type

Study today, choose when to pay and at what rate.

Postgrad and Master's

1.2% monthly includes international
  • Specializations, master's and PhDs
  • Applies to national or foreign programs
  • Tuition + living expense coverage
  • Term up to 10 years
Professionals investing in their specialization.
I want it

Courses and Languages

1.3% monthly short term
  • Technical courses, certifications and languages
  • Fast disbursement in 24 hours
  • Term up to 24 months
  • No co-signer up to $10M
Professionals or students in continuous learning.
I want it
Benefits

What does it offer?

Rate 1% monthly — lowest in market

Up to 100% of tuition financed

Pay while studying or after graduation

For school, technical, tech college and university

Term up to 10 years

Everything you need to know

Know more about your credit

Everything you need to know at a glance.

Coverage
Up to 100% of tuition
Term
Up to 10 years
Rate
1% monthly (the lowest)
Payment mode
While studying or at end
Levels
School, technical, university
Requirements
Co-signer (if under 18)
Coverages and uses

What can you finance?

These are the coverages and uses of your loan.

Higher education

Undergraduate, technical, tech or specialization in accredited institutions.

Postgraduates

Master's, PhDs and specializations national or international.

Courses and languages

Certifications, technical courses and language programs.

Associated expenses

Living expenses, books, transport and housing during studies.

Simulate your Crédito Educativo
Calculator

Simulate your Crédito Educativo

Calculate your exact installment before requesting.

Our simulator shows you the amount, term and estimated monthly installment. No commitments.

Go to the simulator

Ideal for

Students or families investing in education.

Interested?

Write to us and an advisor will get in touch.

Request more information
All included

Mandatory insurance included

Insurance designed so students' education never stops.

Debtor and co-signer life

Covers loan balance in case of death or disability of the debtor or co-signer.

Educational continuity

Guarantees tuition payment so the student can finish their studies.

Monthly premium of 0.25%

The lowest rate in the market, applied to the outstanding loan balance.

Requirements to get it

Requirements to obtain it

Requirements to finance your degree, postgrad or vocational studies.

Membership as a partner

  • Original valid national ID card (or foreigner ID for non-Colombians).
  • Be of legal age (18+) to hold the product.
  • Fill in the single INOVACOOP membership form.
  • Personal-data handling authorization (Law 1581/2012).
  • Authorization to consult and report to credit bureaus.
  • Payment of the minimum membership social contribution.

AML compliance (SARLAFT / FATCA)

  • Know-Your-Customer form (SARLAFT), duly signed.
  • FATCA / CRS form declaring foreign tax obligations.
  • Written declaration of the lawful source of funds and assets.
  • Two personal and two commercial/family verifiable references.

Income and repayment capacity

  • Employment certificate under 30 days old with role, salary, contract type and seniority.
  • Last two (2) months of payslips.
  • Bank statements of the last three (3) months.
  • Recent utility bill (under 60 days) as proof of address.

Student academic data

  • Admission or enrollment letter from an institution recognized by the Ministry of Education (MEN).
  • Enrollment order or official quote with the exact semester value.
  • Prior studies certificate (high school, technical or professional as applicable).

Co-borrower / support

  • Joint co-borrower (parent or guardian) with provable income if the student is under 25 or has no own income.

Credit requirements

  • Minimum three (3) months of membership.
  • Good payment history: no active negative credit-bureau reports.
  • The installment cannot exceed 40% of net monthly income.
  • Mandatory borrower life insurance and product-specific policies.
  • Fill in the credit application and payroll deduction authorization.
Documents must be current and original. INOVACOOP may request additional information based on credit or risk analysis for the product.
How to open your account

Request in a few steps

Pick your preferred channel — the process is fast and simple.

Online

100% digital
From the app or portal, without leaving home.
  1. 1 Log in to the INOVACOOP app or web portal.
  2. 2 Choose "Crédito Educativo" and complete the simulator to see your installment.
  3. 3 Attach required documents digitally (ID + supporting docs).
  4. 4 Electronically sign the promissory note from the app.
  5. 5 Receive the disbursement in your INOVACOOP account in 24 business hours.
Request online

Physical branch

Personal advisory
An advisor guides you through the whole process.
  1. 1 Visit your nearest INOVACOOP branch with your original ID.
  2. 2 Ask an advisor about the "Crédito Educativo".
  3. 3 Fill in the application form with the required documents.
  4. 4 Sign the physical promissory note and contract with the advisor.
  5. 5 Receive the disbursement by check or transfer the same day.
Visit a branch
Full transparency

Rates and fees

Know current rates and costs associated to your loan.

Monthly nominal rate 1.00% monthly
Effective annual rate 12.68% EAR
Debtor insurance 0.35% monthly of balance
Administration fee $8,000 COP monthly
Prepayment No penalty
Late fee Current usury rate

Rates are estimates and depend on your individual credit study.