Money for training with collateral. A loan for education with state support. The list of basic requirements includes

Only two Russian banks have specialized loans for education. "RBC Dengi" figured out under what conditions you can get a preferential rate on a loan and what alternatives are there for students

Student taking the exam (Photo: TASS)

Muscovite Anna Zulunova in 2012 did not have enough USE points to enter the budgetary place of the Faculty of State and Municipal Administration at the Higher School of Economics (HSE). In 2012, only pessimists were waiting for the crisis, and Anna's parents, who had their own business, agreed to pay for her education. But two years later, there was not enough money to pay for tuition.

In the academic part, the student was told about educational loans on preferential terms, on the advice of the HSE staff, Anna turned to Sberbank. Two months later, most of which was spent on collecting documents, Zulunova received a loan of 640 thousand rubles. with a deferral for the duration of training. She is happy with the terms of the loan. “Now I pay only interest, 7.06% per annum is about 800 rubles. per month. After I graduate from the university, I will have to pay about 8 thousand rubles within 10 years. per month".

Zulunova became one of the few Russian students to receive a classic student loan. The main feature of loans for students is a low rate and a deferral to pay off the debt during training. This type of lending is very common in developed countries, but is still poorly developed in Russia. According to the Ministry of Education, 60% of Russian students - 5.5 million people - study for money. At the same time, targeted loans for education are issued about 300 per year.

The main reason for such a deplorable state of affairs, says Alexei Goryaev, director of the NES Master of Finance program, is that 90% of students receive their first degree no longer for the sake of real knowledge, but in order to have a “crust”. And if education is not appreciated, why take out a loan for it. “If we look at the results of sociological surveys of students, then a very large proportion of them are not going to work in their specialty. Such an education is hardly worth investing in it seriously, let alone incurring debt for it, ”explains Goryaev.

In addition, banks are reluctant to lend to students: this is not the most reliable category of borrowers, and low rates, lack of collateral and deferred payments for the entire period of study make such programs unprofitable.

Government subsidies

Since it is not profitable for commercial banks to lend to students, part of the loan rate is subsidized by the state. The Russian government began looking for ways to encourage banks to issue student loans in 2007. For seven years, officials have experimented with subsidizing student loans and, as a result, approved a special state program in 2013.

Under its terms, a loan can be taken for training at any university. With the help of a loan, it is allowed to pay not only for higher education in state universities (including postgraduate studies), but also for training in vocational schools, colleges and any private educational institutions. Young people from 14 years old can apply for a loan. There are no academic requirements.

Loan term - study period increased by 10 years. It is necessary to start paying off the main debt only three months after graduation. No guarantors required. The government decree defines the preferential rate on the loan as ¼ of the refinancing rate (8.25% per annum), increased by 5 percentage points. Thus, the rate for the borrower is 7.06% per annum (like Zulunova's). The state reimburses the bank ¾ refinancing rates to the bank: in 2013, the budget spent 17 million rubles for this purpose. However, few people can get a loan on such favorable terms.

Simple complexities

Too many coincidences are needed for this to happen. The Ministry of Education must conclude agreements with the university and the bank. And those, in turn, must conclude agreements with each other. Only then can the bank receive a subsidy. So far, the Ministry of Education and Science has managed to conclude agreements on subsidizing educational loans with only two credit institutions - Sberbank and Rosinterbank. Of the 10 largest retail banks that RBC contacted, only Rosbank is considering joining the state program. But first, the bank will monitor its efficiency, says Natalya Khmelevskaya, director of segment development and client marketing at Rosbank.

At the same time, not all Russian universities managed to conclude agreements with two banks participating in the program. Of the top 10 (according to Expert RA) Russian universities, only three have agreements with banks - HSE, MGIMO and St. Petersburg State University. MSTU them. N.E. Bauman is in the process of paperwork. However, even the applicants of these universities do not have much choice. For example, MGIMO works with only one bank - Sberbank.

As a result, from the beginning of the new program until the end of March 2015, only 300 loans were issued. Why are banks unwilling to participate in the state program?

The main reason is unfavorable conditions. The subsidy scheme proposed by the government does not reflect market realities, says Anton Pavlov, head of retail business development at Absolut Bank. The subsidy is tied to the refinancing rate, which means little in our country, the main benchmark for Russian banks is the key rate, he says. "Now it is 14%, you can estimate the difference yourself." If the state subsidized ¾ of this particular rate, then the rate for students would be 8.5% per annum.

For student loans to be beneficial to banks, the rate on them must be at least 20%, Pavlov says. “In the current economic situation, most students simply cannot afford to pay off such a loan,” the banker said. For example, if you take 1 million rubles from the bank. at this rate, then during the training interest payments will be 15 thousand rubles. Then, within 10 years, the graduate will have to pay about 25 thousand rubles. monthly.

Alternative loans

What should students do who still want to get a student loan? Often, education is paid for with the help of ordinary consumer loans, which, as a rule, are received by the student's parents, says Elena Dokuchaeva, president of the Sequoia Credit Consolidation collection agency. “According to our estimate, no more than 5% of consumer loans are taken to pay for education. In total, loans for education account for no more than 2% of the total loan portfolio of individuals, ”says Dokuchaeva.

For example, a regular consumer loan, which is advertised as educational, is offered by Citibank. "Credit for education" is issued for a period of up to five years at 21% per annum.

In addition to the government-subsidized loan, which is called “Credited”, Rosinterbank has its own program “Accessible Education”. Loans under this program are issued not only in rubles, but also in foreign currency, since the bank is considering applications for paying for education abroad. Russian universities must have a license to conduct educational activities. Foreign educational organizations must participate in ratings recognized in Russia. The interest rate ranges from 13% to 25% per annum in rubles and from 8.9% to 20.9% in foreign currency. It depends on the loan term and the number of paid semesters.

Bank "Obrazovanie" provides loans only for studies in state universities. The borrower must have a permanent place of work, therefore, if the student himself does not work, the loan can be issued to his parents. The interest rate is 25%, the bank does not provide a grace period. The funds are transferred immediately to the account of the educational institution.

Credit Europe Bank issues loans for studies in Russian universities, language schools and advanced training courses. Loan in the amount of 10 to 400 thousand rubles. can only be obtained for one year or one semester of study. The rate depends on the university: for some educational institutions it is 22%, for others - up to 60%. To obtain a loan, you need a certificate of official employment, the borrower's age is from 21 years old, because of such conditions, the student's parents most often receive a loan.

In addition, students can get a 1% annual discount at Center-invest Bank. The procedure is as follows: you take a regular consumer loan, provide a certificate of paid education, and your rate is reduced.

Personal experience: how to get an educational loan in Russia and the USA

Maxim Faldin, founder of Wikimar

In 2007, I entered Stanford for a two-year MBA program. After I successfully passed the exams, they sent me a questionnaire. One of the questions concerned the method of paying for tuition. I marked the item "credit". After that, they sent me an agreement with the terms of financing my loan.

All registration went through the financial department of the university, I'm not even sure that I remember correctly which bank gave me the loan. Once a month at the university, I was simply given a check, which I paid at any branch of Wells Fargo - the company was the settlement bank for the loan.

The loan amount was $ 150,000, of which $ 110,000 went to pay for the education itself, and the remaining $ 40,000 was the so-called living cost. You could use it to buy any things you need for education, even a laptop.

The terms of the loan are excellent: the term is 25 years at a rate of 5% per annum. You had to start paying only 6 months after graduation. Until that time, neither the main debt nor the interest had to be repaid. I still pay just over $ 900 a month through my online account at Wells Fargo. The payment is small for me, and the devaluation of the ruble does not bother me in the least. If I was offered to borrow again on such conditions, I would gladly do it.

Sonya Savelyeva, Project Manager, Strelka Institute (Photo: Artem Goloshchapov for RBC)

In 2006, I came from St. Petersburg to enter Moscow State University at the Faculty of Foreign Languages ​​and Regional Studies and could not enter free places. When I was picking up the documents from the educational unit, the managers of the Credo program from the Soyuz bank were waiting for me at the exit; their office was located in the first humanitarian building of Moscow State University. I was offered to take a loan to pay for tuition - $ 45,000 at a rate of 10% with a delay of five years.

After graduation, it was necessary to pay a little over $ 1000 over five years. There were no special requirements, except for the surety from the parents. The bank did not offer loans in rubles. At that moment, I did not know anything about loans - no one in my family had ever taken them.

After the devaluation of the ruble, payments began to eat up to 80% of my income. The bank refuses to transfer the loan to rubles. Sometimes my parents have to help me. I have two years left to pay the loan. If I cannot do this, the only thing the bank can offer is to roll over the loan until 2021. In this case, the payment should be reduced to about $ 500.

Now I really regret that I took out a loan in dollars. But, by and large, I had no choice. My parents could not pay for education, and the only bank where at that moment it was possible to get an educational loan on a deferral basis was Soyuz.

A student loan can be obtained at Alfa-Bank. The money can be spent to pay for studies in Russia or abroad. The loan program allows you to draw up transactions in the amount of 50 thousand to 2 million rubles for a period of up to 3-5 years. A loan to pay for education can be obtained by borrowers aged 21 and older.

Advantages of educational loans at Alfa-Bank

• Lack of collateral and guarantors;

  A loan for studying abroad or in Russia can be obtained without guarantors. In addition, borrowers can choose which documents, in addition to a passport and a certificate of income, to submit to obtain credit funds (driver's license, copy of work book, TIN certificate, OMS insurance policy, insurance pension certificate, certificate of registration of the vehicle / PTS).

• Ability to apply online;

  Alfa-Bank has a convenient system for issuing loans for studies for students - it is enough to spend 15 minutes to fill out an online application. It is necessary to indicate basic information in it - passport data, contact information, registration address, place of work.

• Improved credit scoring mechanisms;

  You can get a loan to pay for education at a university within 1-2 days after applying. Such a high speed of consideration of applications is possible thanks to new mechanisms for assessing the creditworthiness and checking the credit history of borrowers.

• Modern technologies of credit account management;

  To get information about the amount that remains to be repaid on the loan, to find the nearest branch or ATM of Alfa-Bank, to make a payment, you can use the convenient Alfa-Click Internet bank or the Alfa-Mobile application, compatible with any smartphones and tablets ... You can ask any questions to the consultants in the round-the-clock online chat "Alfa-Mobile".

Content

A modern person, regardless of the chosen field of activity, can rarely do without a university diploma. An educational loan is an optimal solution for borrowers or their children planning to undergo training in programs offered by several banks in the country. The product has its own characteristics, advantages and disadvantages and is available to most Russian citizens. However, before starting the transaction, it is worthwhile to study in detail the conditions for the provision of a loan and repayment of debt.

What is an educational loan

This type of lending is provided by individual financial institutions. A loan can be taken by citizens receiving secondary, higher vocational education or taking special training courses. Student loan for studies is provided as part of a targeted program. Some banks issue government-backed loans, which provide significant savings to clients. An educational loan is provided both for the entire period of study, and for a certain period of time.

A loan for studying at a university is possible for two types of programs:

1. Consumer loan with an interest rate of 12% per annum.
2. A loan with state support, providing a reduced interest rate and special conditions.

To study at a university in the Russian Federation

All citizens over 14 years of age can receive funds to study in Russia. There are bank-specific targeted programs and a government-subsidized concessional loan provided by individual institutions. It is worth noting that the applicant must be enrolled in the university in order for the issuer to approve the application and provide a complete set of documents. A loan for targeted programs is issued on standard terms with collateral and insurance. A concessional loan with a government subsidy does not require confirmation of income, collateral, and other things.

Loan for study abroad

Over the past few years, education abroad has become more and more popular and accessible for Russians. A diploma from a foreign university opens up great opportunities for a graduate. However, it is almost impossible to get a budgetary place in an educational institution of another country, especially for a Russian. Some financial institutions in Russia are ready to provide a loan to pay for education in a foreign university, and not only in rubles, but also in another currency.

Today this type of loan is issued in the following banks:

• Intesa;
• Citibank;
• Russian standard;
• Rosinterbank.

Where to get an education loan for students

Russians can get a targeted loan to pay for education in several financial institutions. The most profitable option is considered a loan to study at Sberbank, however, it is more difficult to obtain it than a loan from another bank due to the institution's higher requirements. Loans within the framework of the target program are provided strictly for tuition fees in the amount of the invoice issued by the educational institution. Detailed terms depend on the issuer.

With government support

Only students enrolled in certain specialties can receive money on preferential terms. In addition, the educational institution must work with this program. The borrower can be an applicant who has reached the age of majority or a teenager over 14 years old with the appropriate permission from the parents and guardianship authorities. Loans are not provided to minors taken into custody. You can apply for a preferential loan for training at Sberbank or Rosinterbank, but at the moment the program is temporarily suspended.

Among the advantages of an educational loan with state support, it is worth highlighting the following:

• the opportunity to receive money without confirming income;
• no security requirements;
• prolongation of the debt repayment term, if necessary.

Bank loan

In addition to the preferential program, Russians can use special products of domestic banks. This type of lending is available to different categories of citizens. The conditions depend on the specific financial institution:

1. Bank "Soyuz" - provides loans in rubles or US dollars up to 100% of the cost of training.
2. Rosselkhozbank - offers educational loans up to 350 thousand rubles with the ability to extend the debt maturity up to 5 years.
3. Societe Generale Vostok - issues loans in rubles, dollars or euros, in the amount of 45-750 thousand rubles.
4. Bank "Uralsib" - issues loans up to 1 million rubles guaranteed by 1-2 individuals.
5. Nationalprombank - issues educational loans under the guarantee of the legal representatives of the child or a pledge, in the amount of up to 90% of the cost of education.
6. Baltic Bank is ready to provide Russians over 18 years of age with the amount of 20-200 thousand rubles to pay for tuition.
7. VTB 24 - provides educational loans with a maximum amount of 250 thousand to 3 million 600 thousand rubles. A loan is provided with or without a guarantee.
8. Post Bank - provides for an educational loan with a long maturity in the amount of no more than 2 million rubles.

Specify the options for obtaining a loan in the table:

Terms of provision

The parameters of the loan agreement depend on the selected bank. The maximum loan amount in all cases is limited to the cost of training and is calculated after the presentation of the invoice from the university. It should be noted that many banks are ready to provide no more than 90% of the course fee. The loan term is set individually, as a rule, it provides for a deferred payment of the principal debt.

Borrower requirements

To apply for an educational loan, the applicant must meet the issuer's requirements. The criteria may differ, but the main parameters of a potential borrower are as follows:

• applicant or student of a Russian university;
• the minimum age is 14-18 years old, but not older than 55-60;
• registration in the region of circulation;
• citizenship of the Russian Federation.

What documents are needed for registration

An important condition for applicants planning to take an educational loan is the availability of a complete package of papers. Lack of the required certificate may cause the bank to decide not to lend to the applicant. To obtain an educational loan you need:

1. A service agreement between a potential borrower and an educational institution and confirmation that the applicant has entered.
2. Passport, SNILS, TIN of the applicant.
3. Documents confirming that a potential borrower has permanent or temporary registration.
4. Men liable for military service must submit papers from the military registration and enlistment office.
5. Completed application-questionnaire in the form of the bank.
6. A document from the accounting department of the applicant's university with an invoice for payment of educational services.

In addition, applicants who have not reached the age of majority provide additional documents:

• birth certificate;
• guarantors' passports (parents, legal representatives);
• written parental consent;
• permission from the guardianship authorities.

Features of an educational loan

This banking product has a number of differences and features. First of all, the loan is issued without a certificate of income, unless the applicant receives a second education. Borrowers can start paying off the debt only after completing an educational course and going to work or starting from the third year of using borrowed funds. Prior to this, the client makes contributions in the amount of accrued interest. You can get a loan only to pay for tuition at certain universities that are partners of banks.

Interest rate

The main advantage of educational loans is a small overpayment. The special programs of financial institutions provide for relatively low interest rates. However, the biggest savings are available to those who take out an educational loan with a state subsidy. Under the preferential program, the overpayment depends on the refinancing rate of the Central Bank of Russia.

In addition, the percentage is influenced by which bank the client chooses:

1. The overpayment under the Sberbank program is calculated using the formula ¼ Central Bank refinancing rate + 3%.
2. In Rosinterbank, the overpayment on an educational loan is ¼ of the Central Bank's refinancing rate + 5%.

Amount and maturity

The size of the loan for educational programs is established in accordance with the rules of the bank. The amount cannot exceed 100% of the cost of training, because a financial organization transfers money directly to the university's account. Some provide a loan with a mandatory down payment of 10% towards tuition fees. The maturity period depends on the chosen bank and is 3-16 years. The preferential program with a subsidy from the state provides for a deferral and the total duration of the loan agreement up to 10 years after graduation.

Loan security

Concessional loans for training do not provide for the provision of certificates of income and security. If an educational loan is issued without government support, the issuer may require a collateral or surety from individuals. Collateral is set individually, taking into account the loan amount, borrower parameters and other terms of the transaction.

Student loan - registration procedure

Receiving funds to pay for tuition is different from traditional lending. The transaction is executed subject to the following chronology:

1. Passing entrance examinations, admission to a university / college / technical school.
2. Selection of a bank from the list of university partners with the most convenient conditions for the client.
3. Collection of a complete package of documents for filing an application (the list can be found on the website of the issuing bank).
4. Submitting an application through a branch of a financial institution.
5. Studying the terms of the loan agreement (with a positive decision) and signing papers.
6. Receipt by the university of funds for the training of the borrower.

How to repay a university loan

The concessional lending program allows the repayment of a percentage of the debt during the borrower's studies, plus 90 days after graduation. The principal amount is paid for 10 years after the borrower acquires a profession and gets a job. There are no deferred payment programs. In all cases, the borrower has the right to repay the full cost of training or part of it in advance without additional fines and penalties.

Pros and cons of educational loans

Special educational credit programs have a large number of advantages. Among the advantages of this type of loans, it is worth highlighting the following:

• low interest rates;
• no commissions;
• deferral of debt repayment;
• government subsidies.

However, the product also has disadvantages. Among them, the following should be noted:

• a large list of required documents;
• a limited number of partner universities;
• nonresident students are prevented from obtaining a loan by the lack of registration in the region of application;
• deferring debt repayment significantly increases the overpayment.

Video

Getting higher education is a priority goal for most high school graduates. With a diploma, a young person has more chances to build a good career and secure a decent future for himself. Not everyone succeeds in passing the rigorous competitive selection and enrolling in free education. But this does not mean that higher education is the lot of the elite. An education loan enables students with various financial capabilities to obtain a diploma.

Student loan: features and conditions for obtaining

It is also possible to master a promising profession at a paid department, while the applicant does not need to have the entire amount of money necessary for training. It is enough to prepare documents and apply to one of the banks offering targeted loans.

Educational loans have appeared on the Russian market relatively recently. In general, it is a kind of consumer loan, but it has a number of features. This is a targeted loan intended to pay for the services of an educational institution (technical school, college, university), and the conditions for it are somewhat different from other types of loan products. A number of banks also provide borrowed funds for obtaining an MBA and studying at foreign universities. Other features of an educational loan include:

• availability of a grace period during which the borrower can only pay interest. This period can be from 1 to 5 years and, as a rule, coincides with the period of the borrower's training;
• relatively low interest rates (10-20% per annum);
• funds are issued for up to 11 years;
• you do not need to be an adult to receive funds for tuition fees. Persons over 14 years old can apply to the bank by providing the credit institution with a notarized parental consent.

In most cases, with the help of this type of loan, you can pay no more than 90% of the amount at which the training is assessed. Often a prerequisite for issuing a loan is additional registration of life and disability insurance or the presence of guarantors with a confirmed income and a good credit history. If the loan amount is large enough, the bank may require collateral.

An important condition for issuing a loan is the presence of a residence permit or temporary registration of the borrower in the settlement where the bank is located. A student loan is provided by transferring funds to the account of an educational institution and cannot be spent for other purposes. If a student takes an educational loan, he is obliged to provide the bank with a certificate issued by the university and confirming his good academic performance once every six months or a year.

To become a happy owner of a loan for education, you must present the following documents to the bank:

• documents confirming the identity of the borrower (passport and a second document of your choice);
• documents confirming the income of the borrower (if he intends to receive a second higher education or take courses) or his guarantors / co-borrowers;
• an agreement with a university for receiving paid services. Before getting a loan for education, you should make sure that the information about the recipient of the payment and the amount transferred comply with the terms of the loan agreement;
• written consent of the parents for the child to receive a loan for education, certified by a notary.

Review of banks offering education loans

A loan for higher education is issued by a bank, provided that it has an agreement with the university in which the borrower plans to study. To find out where it is best to get a loan for education, you just need to contact the educational institution with this question. There you can also get a payment document for the bank, which will indicate the cost of studies and the details of the university for transferring funds.

Government subsidized loan

In 2013, the Russian government approved a special program to subsidize student loans. Sberbank was one of the first credit institutions to start issuing such loans. You can get an educational loan with government subsidies in this organization at a rate of 7.06% per annum. Sberbank provides young people with the opportunity to receive money without a down payment, insurance, commission and security.

You can spend these funds on training at full-time, evening or part-time departments of a university registered in the Russian Federation. The term is calculated individually: 10 years are added to the years of study, during which the borrower must repay the principal debt. The grace period, in which only interest is paid, is: training time + 3 months. During the first year, the student makes a monthly payment of 60% of the accrued interest, in the second year - 40%, and starting from the third - 100%.

In case of delay, Sberbank provides for severe fines - the penalty will be 20% per annum on the amount owed. Only students with good academic performance can take out a loan with state support: if triplets appear in the certificate, lending will be stopped. Upon completion of the training, the borrower is obliged to provide the bank not only with a diploma, but also with a document confirming official employment in the acquired specialty.

So far, not all students can get a loan with government subsidies: only a small number of universities have an agreement with Sberbank.

Other banks that issue educational loans

Several banks are ready to provide targeted loans for education to students on various conditions.

1. At Soyuz Bank, you can get an educational loan for up to 16 years at a favorable rate of 10%.
2. Rosselkhozbank provides students with Russian citizens a loan for up to 10 years. The interest rate ranges from 14% and above. The amount cannot exceed 350,000 rubles. The loan is provided by transferring funds to the university account in the form of a credit line (part of the loan is received by the educational institution every semester) or at a time.
3. In UralSib Bank, students can receive funds for education for up to 5 years in an amount not exceeding RUB 500,000. The interest rate will be 15-18%.
4. Baltic Bank offers to issue an educational loan for up to 7 years at an interest rate of 19%. No down payment is required.
5. Bank Education offers a 15% annual rate on loans for study (only in state universities) for a period of up to 5 years.
6. Bank Societe Generale Vostok is ready to provide students with a loan in the amount of up to 750,000 rubles. at a rate of 14% for up to 6 years.
7. Probusinessbank will provide money for postgraduate studies, doctoral studies or MBA degrees. Loan term - 2 years, amount - up to 300,000 rubles.

We must not forget that many credit organizations, under the guise of a loan for education, offer an ordinary consumer loan without the listed benefits. The only thing that distinguishes it from a regular loan is that the money goes immediately to the account of the educational institution. It is unprofitable to use such a loan product - it is easier and cheaper to get a regular loan for urgent needs or a loan secured by property. This can be done by parents or other close relatives.

It is generally accepted in society that an education received at a prestigious university is the key to success in finding an excellent job and material prosperity. There is some truth in this. But what should people who do not have enough funds to do to receive the coveted diploma? The way out can be a loan for education, which today is issued in various banks in the country. What is the peculiarity of registration, what are the requirements for borrowers, what documents are required? Let's figure it out right now.

What is a student loan?

Important! It should be borne in mind that:

• Each case is unique and individual.
• Careful study of the issue does not always guarantee a positive outcome of the case. It depends on many factors.

To get the most detailed advice on your issue, you just need to choose any of the options offered:

An educational loan or a student loan is a special loan program in banking organizations aimed at paying for student tuition in educational institutions. There are the following types of such loans:

1. With government support.
2. Targeted loans.

In fact, applicants receive benefits in the form of a low interest rate and have a chance to build a career in the future. It is permissible to pay with borrowed money to pay for education not only in Russia, but also abroad.

In most cases, a student loan is issued against the guarantee of the parents of a potential student. It is also possible to register a transaction secured by property or without security. As a rule, the bank has a list of institutions that act as partners and that it encourages training.

Pros and cons of student loans

Before deciding whether to apply for a loan to pay for tuition to one of the banks in the country, you should study all the advantages and disadvantages of the product, namely:

It is recommended to take "study" loans only for those students who are confident in their abilities, desire to study, as well as in the importance and prospects of their chosen profession. In the event of a possible expulsion from the university, the loan will still have to be paid, but the family may not have enough money for this.

Where to get a loan for university studies for students?

Today, a fairly limited number of banks issue loans for education. Many of those who previously offered similar products no longer exist on the market (licenses revoked). Others temporarily or permanently terminated the program. Nevertheless, it is possible to find an appropriate lender, the only question is how favorable its terms will seem to you. Among them:

1. Citibank.
2. Sberbank.
3. "Alfa Bank".
4. "Post Bank", etc. (below is an example of a bank proposal)

You should also consider the types of educational loans, which will be discussed below.

With government support

Unfortunately, since 2017, Russian students have been deprived of the opportunity to apply for education loans with state support. In recent years, the only bank providing such products was Sberbank, but the program has been frozen.

The official reason for this decision is the need to bring the documents in line with the new government requirements. So who knows, maybe the program will soon resume, because the Ministry does not plan to cut its funding.

Based on Law No. 273-FZ, every Russian student has the right to receive a loan to pay for his studies. According to the document, a loan with state support can cover up to 100% of the cost of education. During the period of his studies, the borrower pays only interest, and the principal amount of the debt is repaid over the next 10 years.

For reference: in the period from July to September 2016, educational loans were issued up to 480 million rubles, which is 2 times more than a year earlier.

Bank loan

A bank loan for education can be obtained, as noted above, in one of the Russian banks, where appropriate programs have been developed. Naturally, such a loan differs from a loan with state support in less favorable terms, but if you compare it with a regular consumer non-earmarked loan, then the benefit is obvious.

You can also consider the option of applying for a regular small bank loan if only part of the money is missing. So, the borrower is not obliged to provide the lender with a "pile" of certificates, but to borrow, for example, only on two documents without guarantors and collateral. Each case should be considered individually.

Conditions for obtaining a loan

The conditions for granting a loan to study at a university in each bank are different. Therefore, when choosing an educational product, initially visit the official websites of several organizations, and then make an informed decision. Here we will try to summarize the conditions based on the study of several creditors.

Borrower requirements

So, the requirements for borrowers wishing to apply for a targeted loan for education are as follows:

1. Confirmation of sufficient income (possible when summing up the official income of parents, co-borrowers).
2. In most cases, surety and pledge are required.
3. Borrower citizenship - only RF.
4. Permanent registration in the region of presence of the bank or its branches (it is permissible to submit a certificate of temporary registration in Sberbank, if any).
5. Age - from 14/18/21 (depending on the conditions of the selected lender). Loans are issued to persons under the age of 18 only by decision of the guardianship authorities.
6. Work experience for borrowers from 18 years - at least 3 months.

What documents are needed for registration?

To fully understand how to take out a loan for a child's education, you should familiarize yourself with the list of documents required for approval, namely:

1. Application form.
2. The passport of the borrower and his parents, if the prospective student is under 18 years of age.
3. Agreement with the university, concluded between the borrower and the educational institution.
4. A copy of the work book (co-borrower or borrower).
5. Military ID (for men under the age of 27).
6. Parental consent document (if the borrower is a minor).

This list can be continued at the discretion of the banking organization.

Do you give a loan for a second higher education?

The question of the possibility of obtaining a second higher education on credit or to pay for any courses is individual, i.e. depends on the conditions of the individual credit institution. So, some banks give educational loans for studies in Russia and abroad, regardless of the number of diplomas from the borrower, while others - only in certain universities.

There are programs developed in conjunction with individual companies and providing for the issuance of loans only for young people receiving their first higher education or for those who wish to continue their studies in a master's degree.

Features of an educational loan

When the program with state support was in effect, the interest rate ranged from 7.5% (Sberbank). As a rule, no bank gives the borrower money in hand, but transfers it to the account of the educational institution with which the agreement has been concluded. And, for example, in Alfa-Bank you can get additional funds for a cash loan. At the same time, the rate does not depend on whether the borrower has insurance.

The procedure for obtaining a student loan

To get a loan for an education in one of the banks in the country, you must complete the following steps:

1. Choose a bank where the corresponding lending program is in effect. Consider the level of its reliability, stability, see the ratings. Detailed information about each player can be found on the official website of the Central Bank of the Russian Federation.
2. Study the rates of all possible lenders. Pay attention to the possibility of a postponement, the presence of a commission for issuing money, the conditions if the student is taken into the army, etc.
3. Submit your application. Some banks can do this online and get a preliminary decision quickly.
4. Collect the package of documents required by the organization.
5. Wait for a decision.
6. Sign the loan agreement with the lender, carefully studying all of its points.

How to repay a loan for a study at a university?

The repayment of education loans, in principle, does not differ from the repayment procedure for other types of loans. Although some banks offer more convenient payment terms for the borrower. For example, Post Bank has developed a useful service - Auto-Redemption. Those. regularly (monthly) money will be debited in a fixed amount from the card of another bank. So, you can really save time, avoid queuing at the checkout and avoid possible delays in paying the debt. In the same bank, it is really possible to change the payment date, however, the connection of this service is paid (300 rubles).