Business News from Sri Lanka: The Asia Pacific Institute of Information Technology (APIIT) Sri Lanka, one of the leading private institutions providing quality higher education, has launched an Education Loan Scheme in partnership with Commercial Credit and Finance PLC. The scheme was launched to provide a viable solution to meet the higher education aspirations of youth in Sri Lanka.
APIIT Sri Lanka was established in 1999 in partnership with Staffordshire University in the UK. Over the past two decades, the institution has trained over 3,200 graduates in Business Management, IT and Law. APIIT also has an agreement with Deakin University, Australia to offer a pathway for students seeking Deakin University degrees in Business and Computing and offers Pearson BTEC HNDs in Business and Computing at its Kandy Campus.
Commercial Credit and Finance PLC is accredited internationally as one of Sri Lanka’s premier financial services organizations and is renowned for benchmarking the highest standards in services and performance. Identified as one of the leading finance companies in the country, Commercial Credit and Finance PLC offers a wide range of products and services including Leasing, Deposits, Loans, Financial Advice, Real Estate, and Land Sales, Micro Finance and Hire Purchase.
The Company has long since financed many small and medium-sized businesses over the years and aims to empower and financially uplift vulnerable sections of the population through self-employment opportunities and entrepreneurial guidance.
Shammi Jayathilake, Deputy General Manager – Marketing Commercial Credit and Finance PLC said, “We are glad to get on board with APIIT to provide financial aid for students to meet their educational aspirations. In keeping with our ethos, we are committed to provide all sections of our community with a meaningful chance at empowering and improving themselves and realize their full potential.
As a responsible finance company, we are already serving a large student population with loans to meet their educational requirements. We believe that this endeavor will do just that as we look forward to developing leaders to serve society with empathy and passion”.
The Educational Loan Scheme is easily accessible by students who intend to pursue higher education. It looks to provide financial assistance through a sound financial support package that consists of affordable and reliable terms with minimum documentation required in order to provide the timely and necessary assistance.
APIIT’s contribution to higher education goes beyond producing highly resourceful and enterprising graduates. It has been instrumental in shaping the development of private higher education in Sri Lanka and has set the benchmark for quality and standards. Having recently opened its second branch in Kandy, APIIT has always made continuous effort to expand its reach and offer high quality higher education to a wider segment of students.
APIIT has a track record of producing highly employable graduates with over 90% of its students securing gainful employment within three months of graduation. It offers programs ranging from foundation programs for students after O/L, degree programs for students after A/L and Masters Programmes, in Business, Computing, and Law.
All programmes are delivered by highly qualified and experienced staff through a student-centric approach, utilizing innovative teaching, learning methods. It’s premium facilities, professional culture, and value system and close contact with the industry ensure a high-quality learning experience.
APIIT’s next intake for students is in September for the Law degree program and October for the Computing and Business Degree programs.