Education loan without interest

 

With the Agree Bank student loan, special repayments are possible at any time and without additional costs. The Agree Bank product “Student Loans” – without a state guarantee – is active. This means that an education loan can have a maximum side effect, especially for LL.

Educational loan

Educational loan

If you need a support measure for your education, you can submit an education loan. The education loan helps you to promote your school education or your life. Your salary and your capital or that of your legal guardian are generally irrelevant for the granting of an educational loan. However, you have no legal right to the education loan.

The educational loan can be granted as a loan up to an amount of $ 7,200. In the case of a degree program, the scholarship can initially only be granted until the end of the twelve. University semesters are awarded. From the end of l. University semesters you have to submit your application for the final exam and the opportunity to complete your professional training within the possible funding period (24 months).

In school-based vocational training, an educational loan can only be granted in the past 24 months. In addition, you must complete your vocational training with a professional qualification certificate or have already completed a professional qualification certificate. The training must be permitted according to German state funding. Even if you study at a foreign university, you can get an educational loan.

The educational institute abroad must be classified as equivalent. Fine Bank pays you the education loan in monthly installments of $ 100.00, 200.00 or 300.00. The repayment amount is $ 120.00 per month. You can pay off the loan in whole or in part without any additional costs or fees.

Interest is deferred for the duration of the transaction.

Applying for an education loan

Applying for an education loan

Amount: Type: Your salary and assets as well as that of your legal guardian, spouse or partner are irrelevant for the approval. Please note: There is no legal right to an educational loan. You can also submit an education loan for a second or subsequent apprenticeship. The educational loan can only be drawn on until the end of the 12th semester.

The education loan can still be granted if you have completed your education within a maximum of 24 months after approval. Interest on the lending business is payable from the time the loan is granted. Repayments are collected quarterly by the credit institutions at the end of each quarter. If you receive a new grant for an additional period of training, the repayment rates will be postponed.

You are completing a full-time vocational training that you can achieve with a successfully completed school qualification. You must provide a certificate from the training center without a mandatory preliminary examination, physics diploma or intermediate diploma that you have been used to the usual activities in the first two years of training, that you will join domestic and international (including outside Europe) as part of your internship.

Note: If you study in a foreign country, the foreign training facility must correspond to a domestic educational institution. For stays abroad: for internships: for schoolchildren additionally: a school leaving certificate (not longer than 3 months) with details of the total duration and the desired degree; if applicable: Evidence of an existing vocational qualification if your vocational training is completed with a general educational qualification (e.g. Abitur).

You must apply for the educational loan in writing. You will submit a written decision after the application review. In the event of approval, you will also receive an order offer from Agree Bank. If the signed rental agreement is received by Agree Bank within the specified time, the loan agreement is concluded. Note: Please refer to the approval notice for the deadline within which the signed rental agreement must have been received.

The credit institution is responsible for you in the further process (e.g. conclusion of contract, advance payment, recall).