Student Loan with mortgage

 Purpose
• To cover the student’s tuition fees, accommodation and  personal expenses

Loan amount
• Up to €100.000

Securities
• Immovable property mortgage 

Paying off period
• Up to 20 years 

Paying off method
• By standing order on the current or any other account held in the Organisation
 
Without Loan expenses
 
Without six-month compound interest
 
Insurance
• Life insurance 2.10‰ annually on the current Loan balance.
• Fire insurance 1.65‰ on the value of the mortgaged property

Securities
• Mortgage on immovable property

Beneficiaries
• All students enrolled at a college or university 

Grace Period
• Only interest is paid during the study period plus one year, considering a maximum 5-year paying-off period

Gradual Disbursing
• The interest is calculated on the disbursed amount 

Benefits
• Connecting debit card with free ATM withdrawals around the world
• Free internet banking
• Connecting credit card (College Visa)