If it is not possible to gain knowledge for free, it will not hurt to use a special lending program with state support.
This article tells everything about an educational loan at Sberbank - the conditions for 2019, a list of universities and a number of specific features.
Content
General conditions for issuing a loan for education at Sberbank
In order to take advantage of this type of lending, you must be an applicant who wants to receive a higher or secondary vocational education. It is also characteristic that there are no restrictions regarding the forms of education. Thus, even a part-time student can get an education loan. state-backed education loan from Sberbank As a result, it remains to pay only the minimum amount at an interest rate of 7.75%.
The required loan amount is determined independently. The maximum loan amount can be 100% of the required tuition fee.
The repayment terms are quite loyal - 10 years after graduation.
No collateral is required to obtain an educational loan from Sberbank.
Conditions for student loans
An educational loan at Sberbank of Russia has a grace period for repayment. It is this:
- it is possible to use a deferment on the payment of the main loan for the entire period of study;
- during the first year of study, you can pay 60% of the total amount at the interest rate on the loan;
- during the second year of study - 40%.
You can pay off debt in the following ways:
- for the entire period of study, using benefits and deferrals under the program;
- after graduation. Payment can be made in equal installments, taking into account the interest rate;
- pay the balance in full at any time. Before that, you must file a petition to cancel the exact amount and date of repayment of the debt.
Requirements for the borrower
The list of basic requirements includes:
- Russian citizenship is mandatory;
- age over 14 years;
- student status.
If a potential client is under 18 years old, his parents or guardians must be present at the time of applying for a loan. Plus, you first need to sign a contract with the university. The document must indicate that the training is conducted on a paid basis and indicate the actual amount of the cost.
Before contacting the bank, you can use the Sberbank online calculator. It will allow you to calculate the amount of monthly payments.
What documents are needed to apply for an educational loan:
- passport;
- consent of parents or guardians in writing, with their passports;
- Confirmation of registration;
- a receipt issued by an educational institution for tuition fees.
Having collected the necessary package of documents, you need to go to the bank branch nearest to the place of residence. Turning to the employee, fill out an application form, where personal data is necessarily noted, the name and address of the educational institution, the period of study, as well as the required amount of the loan amount.
In turn, Sberbank employees, having accepted the application, check the information within up to 4 days.
Judging by the feedback about the program, delays in processing applications are not uncommon. Therefore, it does not hurt to contact a bank employee by phone and clarify the current status of the application.
The procedure for issuing a student loan
The loan will be issued on the basis of one of the principles specified in the clauses of the agreement:
- The amount can be transferred to the borrower's account. The receipt of funds promptly to the account of the university is considered mandatory.
- In parts, in accordance with the dates and size that the educational institution has established.
List of universities participating in the educational loan program at Sberbank for 2019
List of educational institutions that participate in the loan program - (in xlsx format).
How to get a student loan (video)
Educational loan at Sberbank - conditions for 2019, list of universities