Student Loan1 is a Student Loan of free use available both for students receiving state grants and those participating in self-financing programmes.
Everybody is entitled to borrowing Student Loan if he or she:
The student credit can be borrowed if he or she:
He or she whose Credit contract concluded earlier has been terminated and has not paid back his or her debt is not entitled to borrowing Student Loan. No one can have twoStudent Loan contracts; everybody can only have a single Credit Contract.
He or she who has been convicted by the court to imprisonment to be legally implemented and whose imprisonment has not yet been implemented or if the implementability that has not yet been terminated, unless the court has released the convict to conditional release, cannot initiate the borrowing of the credit of free use.
What expenditures can be covered by Student Loan1 credit of free use?
The Student Loan2, Student Loan of fixed use is a construction exclusively available for students studying in self-financing form, with an annual interest of 0%.
It is only available for the settlement of the tuition fee of the programme due towards a higher educational institution (university / college).
|Student Loan of free use
|Student Loan of fixed use
|Who borrows?||Anybody, independently of financing form||Students taking part in exclusively self-financing programmes|
|What amount can be borrowed?||Maximum 70,000 Hungarian Forints per month||Maximum the amount of the programme cost|
|What can it be spent on?||On anything||Exclusively for the payment of the programme cost|
|How much is the Student Loan interest rate?||1,99%*||0%**|
|When should the repayment be started?||From the first day of the fourth month after the termination of your legal status as a student, as well as no later than reaching the age 45.|
|Application:||Student Loan1 application||Student Loan2 application|
If you need further information about Student Loans or how to get it, please contact our costumer service via telephone +36 1 999 99 44 or e-mail: email@example.com
* The interest on Student Loan is variable. The valid interest rate is 1.99%.
** Thanks to the state interest support, the interest to be paid by the clients is 0% per year