Finance your higher education with complete peace of mind with a state-guaranteed student loan. Study worry-free and only start to reimburse your loan two years after you have completed your studies.

Half-yearly interest (on 30 June and 31 December each year) is accumulated and in principle deducted from any newly granted instalment disbursed.

Example: The student has a state-guaranteed student loan totalling EUR 20.000 and receives a new letter of approval for a further EUR 1.500 instalment for the following academic year. When this new instalment is paid, the accrued interest over the previous half-year (EUR 200 over 6 months, with the maximum rate payable by the customer of 2%) is deducted by default from the amount granted by the State. The balance (the difference between the instalment granted and the accrued interest) is paid into his current account, i.e. EUR 1.500 - 200 = EUR 1.300.