The only truly state student loan is the loan from the Intrasavings bank promotional bank. During their studies, students are often on their own because their parents can not support them financially. In order to fully concentrate on your studies, we have the education loan. The savings banks rely on the classic student loan, which means that special proof must be provided, which offers the highest degree of flexibility. Own credit limit; own card with separate credit account; Flexible reimbursable amounts in installments.
Education loan of the savings bank
a $ Whoever wants to study after leaving school and enjoying a well-deserved vacation vacation, needs one thing in particular: cash. Often, the students are on their own during the study visit because their guardians can not finance them. Even with the Federal Office for Vocational Education and Training (German State Funding) and temporary student jobs alone, students only rarely make their rounds. 4th
Here can help the education loan savings banks. In one case, the Astrofinance acts only as an intermediary, the actual lender is the Intrasavings bank 2. However, the training loan actually granted by the individual institutes varies slightly. It is therefore advisable to inquire with the relevant banks and clarify the framework for the education loan.
The education loan of the savings bank comprises in principle a monthly payment amount, which lies depending upon savings bank between 500,00 and 800,00 $. The savings bank usually pays for a maximum of six years. The student should therefore have his degree within this time, because the bank expects then also with a quick repayment of the loan.
Interest rates on the loans of individual banks
Although each savings bank determines the repayment modalities individually, the student usually has to start the repayment 12 to 24 months after payment of the last monthly installment. The borrower must therefore quickly find a job after completing his studies so that he can pay back his education loan at all.
The interest rates on the loans of individual banks are variable, since each savings bank can set them individually. The repayment period is a maximum of 10 years, which allows special repayment and early repayment of the loan at any time and free of charge. As with any other loan, students wishing to participate in the Savings Bank Education Loan must have certain qualifications.
Anyone who already shines with a negative mark at the show has no opportunity to take such a loan. Also, not too many loans should be awarded at the same time and the applicant as a student should not be over 30 years old. Another selection criterion for granting the education credit of the savings bank is that the student is also the client of the company or the respective branch, ie there must have at least one current account.
The place of residence or the place of study is often also a decision criterion for the granting of the education loan by the savings bank. The Astrofinance education loan offers students the chance to pay for their studies with a loan. The lending conditions are sometimes a bit stricter and each savings bank can determine whether and on what terms it provides such a loan.