How to pay for your studies

Not all students are willing to pay for their studies at the university: a year of study at a prestigious university can cost up to 10, 000 euros. Not everyone has that kind of money. How can I pay for my studies if I couldn’t enter the budget? There are two ways out: work and educational credit.

Instruction manual

one

Everything is simple with work - let's say a year an applicant works, saves money for studies, enters a university and pays for the first year of study. To pay for the following years, he will have to work all the time while studying. This option is suitable for those who want to study in the evening department. In addition, it is important that the year of study is still not too expensive: an applicant or student is unlikely to be able to earn 8000-10000 euros per year. This way is very often used by students in the West. Its plus is that the student will get used to combine study and work and will be able to make a career earlier. Although at first it will be necessary to work in "non-intellectual" areas - as a waiter, courier, etc.

2

With a loan it will be more difficult. In Russia, the system of educational loans is actively developing, but in general, educational loans among students are not popular. Firstly, they will have to give. Secondly, many banks will help to set conditions like "learn without triples." Not every very conscientious student will be able to study without triples.

3

However, do not exaggerate: large payments on the loan will begin only after the student finishes studying and finds a job. Those who want to take an educational loan need to first find a bank that provides such loans (there are about 10 of them so far), and then collect all the documents. It:

1. certificate of admission to the university.

2. passport, identification documents of the student and his sponsors (parents).

3. application form.

4. certificates from the place of work of the student’s parents.

5. contract for the training of a specialist.

Banks may require other documents.

4

It is worth remembering that only an adult can become a borrower on a loan. if the student is not yet 18 years old, then he acts only as a co-borrower. In the latter case, a loan with the student will be able to take his parents.

5

The loan repayment period may be different, but not exceeding 11 years. It is also worth remembering that different banks provide for certain restrictions (for example, the loan amount - up to $ 20, 000 or payment of 90% of the cost of training).

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