This type of financing offers many advantages:

• Credit of up to 10,000 euros per academic year.
• Renewed annually for a maximum period of 4 years.
• The interest rate is subsidised by the bank.
• Flexibility in negotiating the loan amount and term depending on the course, university and the country in which you are studying. 
• During your period of study, interest will only be charged on the money drawn down.

Once you have completed your studies, you will have up to 4 years to repay the amount drawn down during the entire period through a loan at a preferential interest rate.

In addition, if you don’t enter the job market straight away, you can benefit from a grace period of up to one year before you start repaying the loan.