Interest-free college loans

While confronted with brief financial hardship and should not pay your research will cost you (need yet another pc to suit your training, such as), you may also make an application for an initial-label notice-totally free loan.

Different types of small-title fund

As well as check regardless if you are entitled to a grant in the Flemish authorities and you can/or a decrease in university fees costs. In such cases, you may be felt to your scholarship speed.

By taking away a destination-100 % free student loan, we shall deposit this new lent count (a maximum of step 1,250 euros) yourself for the Education and you may Student Management, so your university fees fees are taken care of. Which count is always to following feel paid down to help you you inside the month-to-month instalments. The borrowed funds can be reduced entirely by the end from the latest educational year.

When you find yourself having difficulty make payment on month-to-month lease for the student rooms, it’s possible to pull out an interest-totally free education loan owing to you:

• For those who book a-room regarding VUB, the sum of the lent payday loans Lynchburg would be deposited in person that have VUB Scholar Housing.
• For individuals who rent a-room in the personal sector, the sum borrowed was placed into the family savings very as possible afford the book.

You will then pay back it total us from inside the monthly instalments. The borrowed funds might be paid off entirely by the end of this new academic season.

If you have most other studies costs which you see tough to pay-all at once, including a notebook, investigation vacation etc., get in touch with us to submit an application for an appeal-free education loan.

How much cash are a primary-label financing?

A preliminary-title loan is actually a maximum of step one,250 euros and ought to be paid from inside the academic year (using a fees plan).

How will you use?

You can get in contact with united states by the email no later than 1 September (after this academic 12 months) to own an initial-title mortgage. It’s not necessary to fill in an application, nevertheless have to meet with the standard conditions.

• Which few days are you presently capable start paying down the mortgage?
• Exactly how much per month? (Minimal count are 50 euros)

• Your home is along with your moms and dads / by yourself /which have family / which have somebody / other:
• Moms and dads is partnered / way of living with her / divorced / deceased:
• Dependant off mommy / dad / other:
• Mom’s income: maybe not applicable / zero income / really works / self-employed / substitute for income / minimum wage / pension / combination:
• Father’s income: not appropriate / zero money / work / self-working / substitute for earnings / minimum-wage / your retirement / combination:

As soon as we have received this post, we will draw up a contract owing to Docusign, explaining the new percentage bundle you have to go after. You are going to found a contact off Docusign, with which has a binding agreement that you is understand, fill out, indication and you may go back to us, in addition to a copy regarding each party of ID cards.

Long-title loan

According to your debts, you will be capable of getting a lengthy-identity notice-free loan to help keep your analysis will cost you reasonable.

A lengthy-identity mortgage try all in all, step one,250 euros which is supposed to take care of a structural monetaray hardship (eg, when you are unable to pay-all your data can cost you). Repayment regarding an extended-label loan initiate a couple of years immediately following conclusion otherwise termination of your education on VUB.

You can even only sign up for an extended-term loan if you meet up with the standard requirements and you will apply playing with a form zero afterwards than just step 1 September (at the end of which informative seasons). A loan arrangement are drafted.