A student loan is a banking offer addressed to all students, regardless of the type of university, whether it is public or private. The mode of study is also of little importance, whether it is full-time or part-time studies. The criterion necessary to apply for a student loan is the student’s age, he must start education before the age of 25. The possibility of obtaining such a loan also depends on whether the student has previously used similar banking products.
Maximum loan amount that a student can apply
A condition for applying for a student loan is submitting relevant documents to the selected bank. These include a student’s income certificate as well as family members requesting credit. Last year, the maximum income per family member could not exceed PLN 2,500 thousand. In December 2010, the Minister of Educationannounces a change in the maximum income per person in the family. Students whose income does not exceed PLN 600 net, can apply for a guarantee in 100 years of the state budget. The surety can also be made by the student’s parents who have a stable income.
Incomes are in the range of PLN 600 -1,000
People whose incomes are in the range of PLN 600 -1,000 cleaning and cleaning of 70 percent The application should also be accompanied by a certificate from the university confirming the fact that you are a student. After granting the loan, the student is obliged to present a valid student ID in the bank twice a year. The repayment of such commitment occurs after two years from the date of graduation.
During this period, interest on the loan is repaid by the state
However, students who graduate are in 5 percent. the best graduates can apply for redemption of up to 20% loan or 20% relief in its repayment. A lot of interest in student loans is related, among others, to the fact that a lower interest rate was set for them than for other banking products.
Tags: bank, state budget, loan amount , minister of education, lower interest rate, guarantee, fixed income, full-time studies, studying, student’s age