Student loan
Student is really not so easy. Besides you're busy with your school activities, must also be brought in money for your studies at all to follow. Some students come in with problems, and face a dilemma: a student loan or stop the study? Many students now borrow or have a student loan.
The student loan
Fortunately, the situation described above is not as black as it sometimes seems. Of course, you are a student living on the best financial resources the Study Programmes you (and your parents) empowering. But what if your student kicked and you urgently need a new housing? By circumstances or if you do not study it by itself is working? Or what if that educational trip abroad relying on your savings you did not? In such situations, a student loan solution. More and more students borrow and / or have a student loan. But what do they do it?
A student loan from the Study Programmes
As a student you are entitled to until your student enrolled in a course. During your studies, but until three years after your right to study can be an additional student loan to close the Study Programmes. This loan has the advantage that, under very favorable conditions to close.
Credit tuition and student loan
Since 2007, it is possible for a student loan in addition to regular tuition credit insurance. Also this month in parts per loan is disbursed and must be redeemed at a given interest rate. The advantage of this is that the student loan interest rate is lower than other lenders.
Student loan
Many banks now offer special student loans. The conditions and the interest rate vary greatly from one bank to ask why several banks and ask quotes. Some banks have a condition that first year you should have met before you can close a loan, or you have a certain level of education.
Borrowing from your parents
If your parents have enough power to them can be an (interest free) loan. It is wise for both parties to make a statement with the arrangements so you may not at a later time family quarrels to get finance.
Repay student loan forgiveness and Management Group
In this article, repay student loans from the IB Group and the cancellation of student loans. Nearly half of all students borrow money from the IB Group. This culminated in a student loan of € 15,000 on average. But in other cases a student can not complete the study due to an illness or disability and is therefore a major study debt.
There are different types of study, namely:
The basic grant
Every student is entitled to a student receives a basic grant. A young person living at home receive a lower amount than a young person living in lodgings.
OV-chip card
A young person who is entitled to basic grant, get a free public transport smart card that he can travel by public transport. He must choose between one week or weekend pass.
Supplementary grant
The IB-Group expects douers pay for the cost of studying. If the parents have a low income, the studnet entitled to a supplementary grant.
Loan
There is also an amount borrowed from the IB-Group at a low interest rate.
Repay student loans
Some forms of student assistance to be repaid. This applies in the following cases.
Repayment performance
If a young person's degree within ten years has reached renders the so-called "graduation period". If a young person within ten years gets a diploma, the basic grant (and public transport chip card) into a gift.
Repay Loan
If a young person a loan taken out with deIB Group for its scholarship to complete, the loan must be repaid. This also applies if the young person has completed a loan after his performance ended.
Student loan repayments
The young person needs two years after the end of his study begin repayment. Per month, he at least 1 / 15 part of his studies to repay debt. The youngster is the time to 15 years to pay off his student loans. Additional payments are permitted, of course.
If a young person a student loan of € 10,000 euros, he must repay it in 15 years. This amounts to € 666.67 per year and € 55.56 per month.
Measurement capacity / Too little income
If the juvenile does not have sufficient income to repay student loans, it may IBG to capacity measurement questions. Then examine the Management Group's financial position of the younger and determines the possible redemption.
Remit debts IBG
The debts still outstanding after 17 years, be remitted. This waiver is intended for graduates who have an income too low to see the full student loan to repay.
Waiving student loans for disability
A young person under the study for at least 80% become disabled, is eligible for the cancellation of student loans. There must be evidence sent with the application.
Like it on Facebook, Tweet it or share this article on other bookmarking websites.