Training loans are available at the Student Loan Center from Monday, which serve to ensure that the possible financial burdens associated with learning do not become an obstacle for those between the ages of 18 and 55 studying vocational or adult education, said the Ministry of Innovation and Technology's (ITM) parliamentary and strategic State Secretary at a press conference in Budapest.
Tamás Schanda added that those interested can choose between Training Loans 1 and 2. The monthly amount of the Training Loan 1 can be freely used, from HUF 15,000 to HUF 150,000. With the help of Képzési Hitel 2, you can pay the fees for self-financed courses, in which case the money is not given to the student, but to the educational institution.
Péter Magyar, CEO of Diákhitel Központ Zrt., noted: the free-use loan can be applied for with an interest rate of 1.99 percent, while the Training Loan 2 can be applied for interest-free, but for the latter, it is important that a maximum of HUF 500,000 can be used. The Training Loan2, like the Student Loan2, can only be used for training fees, but is completely interest-free.
With this product, a maximum of HUF 500,000 can be used, and after the application, the amount is transferred directly to the institutions conducting the training
- pointed out the CEO.
The loans can be applied for online, by contacting the customer portal, there is no credit assessment, but the training relationship must be proven, he added.
Loans can be applied for online by contacting the customer portal, there is no credit assessment, but the training relationship must be proven
he added.
According to the information, both loans can be taken out if the training lasts at least 3 months, and both can be repaid over up to 10 years.
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