The student loan

student loan

When you are young and cannot receive financial assistance from your parents or from a bursary, it may be necessary to use a loan to pay for your studies.

Specifically suitable for young borrowers 18-25 years old enrolled in a higher education institution, the student loan allows borrowing at a lower rate than a conventional consumer credit (from 2.90 to 4.50% excluding insurance) and to flexibly repay the borrowed capital.

The amount awarded

The amount that can be granted is determined according to the financial guarantees provided as well as the diploma concerned. It can then vary from 800 to 30 000 €. It should be noted that banks will lend more money to students enrolled in promising sectors (profitable opportunities).

Use of borrowed money

borrowed money

The money obtained with a student loan can be spent without restriction: school fees, living expenses, rent … Instead of a single payment, it may be possible to obtain several payments in order to manage safely the capital borrowed and thus to do no excess.

A flexible and adapted refund

money refund

Refunding begins only after graduation and stable employment. This deferred repayment period, called the “franchise period”, may be partial (payment of interest + insurance) or total (payment of insurance only). The duration of the student loan can not exceed 10 years.

Alternative to the student loan: the student loan

Alternative to the student loan: the student loan

The student loan is a credit offer offered by the banks at the start of the school year. This is a cash advance of between 500 and 1500 € (depending on the lending bank) and a 0% repayment rate. The repayment period varies from 2 to 12 months.

  • student credit simulation

  • student loan calculation

  • student loan calculation

  • student loan simulation

  • student credit rate calculation