You are free to choose from the available options regarding the amount of your loan.
In the 2010/2011 academic year, students attending a state-financed course can take out any of the amounts below every month:
- HUF 15,000
- HUF 21,000
- HUF 25,000
- HUF 30,000
- HUF 40,000
HUF 50,000 per month can be taken out only by fee-paying students. By choosing a higher amount you also undertake to pay a higher repayment installment later.
You can take out the loan on a monthly basis or in a lump sum every semester. If you opt to receive your loan in a lump sum, you will receive the loan calculated for the 5 months of the semester in a lump sum.
Note: According to an amendment to a government decree effective as of 13 February 2009, those with jobseeking parents, orphans, and students with one living parent who is a jobseeker, can apply for HUF 50,000 per month if they study on a state-funded course and HUF 60,000 per month if they attend a fee-paying course, for a maximum of two semesters. Read more about the topic here!
