time when every man could expect to receive a higher education and guaranteed employment, unfortunately, were left far behind.Of course, in modern universities still have low places, but every year their number reduced.And considering that the cost of tuition fees from year to year, and has such means not every family, many parents start to think about the design of educational credit.
Pros
most important advantage - it is certainly an opportunity to get an education at the university of your dreams.And, as a rule, repayment of the debt is calculated so that during the training you need to pay only the interest, and the body of the loan can be returned to the bank after graduation.There are several other advantages in obtaining educational loans:
- loans are not only for those who are planning to enter the patient unit, but also to students who prefer an evening or correspondence form;
- program apply not only to universities and institutions, but also to other institutions: academies, colleges, technical schools;
- an increasing number of banks offering the possibility of starting payments of principal and accrued interest on it, from the moment of graduation and three months after, that is, the graduate has time to find a job;
- the possibility of government subsidies is also very useful: taking advantage of them, you can halve the cost of educational loans;
- bank always alone lists the required amount to the account of the institution and does so in a timely manner.
Every year, like all other types of loans, this type is becoming more accessible to people - banks offer the most loyal and profitable.
Cons
every coin has a reverse side, and educational loans to students - is no exception:
- perhaps the main drawback is that most banks have agreed to cooperate only with those schools that have state accreditation;
- banks quite attentive not only to the choice of the university, but also to the profession, which the borrower wants to acquire, evaluate its prospects, relevance and reliability;
- almost always there is a need to pay a deposit or provide a bank surety (in the role of the latter, as a rule, the family of the student, and as collateral can be used a car, real estate or securities);
- if the student does not hand over the session and decides to stop training, termination of the transaction will cost him quite a round sum.
Before making educational loans should clearly weigh all the "pros" and "cons", and choose a profitable banking offer.
conditions and interest
first bank that introduced such programs was "Savings Bank".Soon, however, this trend was picked up by many other institutions.Nevertheless, most of them provides the opportunity to receive educational credit in Russia for such circumstances:
- loan disbursement is made in rubles;
- repayment period of 10-11 years;
- interest rate - 12-20%.
Some banks, among other things, make it possible to get a loan for studying abroad, but in this case the age of the borrower must be over 21 years and the interest rate is much higher.
