In order to mitigate the unfavourable impacts of the world economic crisis, those paying off their Student Loan from their salary and thus are at least in the third year after their repayment obligation began and who do not make a repayment based on the minimum wage have the option to request a reduction in their repayments from the Student Loan Centre. Only those whose contract is terminated, by law, by the Student Loan Centre are not eligible for this option .
The Student Loan Centre may authorise a lower instalment for a maximum period of 24 months without examining the reasons for such a request. The amount of the reduced repayment instalment may vary from person to person depending on the loan amount, and may not be lower than the minimum repayment instalment amount specified for the current year on the basis of the minimum wage of October 31 of the previous year (defined on the basis of 6, 8 or 9% repayment ratio).
To request a reduced repayment installment amount, log in to Student Loan Direct . The application or the downloaded and completed form needs to be printed, signed and mailed to the Student Loan Centre (Diákhitel Központ 1996 Budapest).
Important: as a result of lowering the repayment installment amount, your Student Loan period may increase, which extends the repayment period.
