In autumn children go to school. And if the university is not far away? How can you currently pay for training without significantly damaging your personal budget? There is one option – apply for a loan for education! As part of this program, the bank transfers money directly to the university – and you are a student. The monthly fee will not significantly affect a strong family budget. You must carefully read the terms and conditions for registration.
What is an education loan?
Based on statistics, most of these students will receive credit education abroad. In Russia, this type of loans is less developed and demand. Often there is a strong demand for an emergency loan. The loan period is usually lower and the amount is sufficient to pay for the training. Many banks offer education loans at good interest rates. However, state regulation of this kind of loans is poorly developed.
In addition to standard consumer credit, the target value of which is not necessary to prove, there are other ways of obtaining a loan for higher education. One possibility of this loan is a loan based on a legal entity guarantee. Usually in this case, a loan is issued for a second higher education. In this case, the debtor’s age must be more than 25 years, which is a prerequisite for discharge.
What to do yesterday school girls, unforeseen circumstances did not get into the budget department, but are very willing to become qualified professionals? The loan for higher education for these persons can be formalized by parents who choose optimal conditions. Therefore, this type of lending cannot be recommended directly to the participant.
Preferential loan for education
Most universities cooperate with bankamipro to conclude loans on preferential terms. The contract is concluded for a period of six months to 11 years. The loan is issued in installments, each semester is transferred to a university account. Payment for the new semester is only possible as a result of the successful submission of the session. In this case, the loan is issued to the student, the guarantor is one of the parents.
Documents required for registration
You will need your passport, school name and guarantor to register your contract. The guarantor must provide a passport and a solvency certificate.
Can I get a loan for education abroad in Russia?
Currently, the study abroad is very popular. Diplomats who have completed their studies abroad receive a salary of up to 2-3 times more than Russian qualified professionals. Many banks cooperate with foreign universities and are ready to provide credit not only for education but also for life. The list of documents required includes: passport, name of institution and guarantor.