Student Loan Center: Student Loans Financing for Study Costs

The number of students applying for Student Loan2 to finance their tuition costs increased by nearly 34 percent in a year, the Student Loan Center said Thursday. They also pointed out that students can apply for, which will be available again from August 1.

The Center stated in its announcement that since the admission process through August 7 is almost exclusively for young people, a student loan of 0 percent, specifically designed to finance study costs, can be a great help for them. Almost one in four self-financed students enroll in Student Loan2, and the number of students applying for the scheme has increased by 34 percent in one year.

They added that the construction is most widely used by economics and finance students.

student loan

There is still no credit assessment or collateral required to obtain a student loan for tuition fees, and student loans can be prepaid free of charge at any time. The amount of eligible Student Loan2 is not capped, it is based on the higher education tuition fee, so even the most expensive trainings, which can be more than USD 1 million per semester, can be financed with the current interest-free loan.
Thanks to the electronic signature signing previously introduced by the Student Loan Center, almost every second student enters into a contract without any personal appearance or paper-based identification through the customer gate.
In case of applications initiated from the study system of higher education institutions, identification through the client gate can avoid personal appearance and paper-based administration.

Student loans more easily and quickly thanks to the electronic signature agreement

Student loans more easily and quickly thanks to the electronic signature agreement

Applying for a loan can be started from the Abangan study system and then, after selecting the appropriate menu item, continues on the Student Loan Direct interface. In the case of electronic administration, the student’s personal data is automatically loaded from the study system, so students only have to enter borrowing-related data (eg requested loan amount, disbursement frequency).

They also mentioned that the Student Loan Center products can be ordered as usual.

student loan

Students have the opportunity to initiate the application and the datasheet either through the student system of the study system or through the Student Loan Online

At the designated office of the higher education institution or at post offices and designated offices. bank branches.
Students who apply for student loans by September 15th will be able to receive the requested amount as early as October 1st, which will be credited directly to the student’s bank account for Student Loan1 and directly to the Higher Education Institution for Student Loan2.