More information

• Who is eligible?

  Students or/and parents wishing to cover the costs of postgraduate studies and/or professional qualifications in Cyprus or abroad.

• What does the loan cover?
  • Tuition fees (college and university)
  • Books, purchase of personal computer, etc.
  • Transportation
  • Living expenses (rent, home equipment, monthly personal expenses)
• How is the loan amount determined?

  The tuition payment plan, amount of instalment you wish to pay and other expenses will determine the loan amount.

• What is the maximum duration of the loan?

  Loans with a floating rate

  12 years: for loans with personal guarantees

  15 years: for secured loans

  Loans with a fixed interest rate of 10 and 15 years

  It can be neither shorter nor longer than the duration of the fixed period you choose (10 years or 15 years).

• Are there any benefits for the students?
  • Student of 18 years or older get a free subscription for a €500 limit Visa / Mastercard Classic Credit card
  • Current account with an overdraft limit of up to €1,000 without personal guarantees or other collaterals.
• Can I change my mind?

  You have the right to withdraw from the agreement:

  • Within 5 business days from the date of its conclusion, when the facility is secured with a mortgage on a house
  • Within 2 weeks from the date of the agreement conclusion, when personal guarantees secure the facility.
• What is the interest rate?

  Learn more on our interest rates.