Student loans to pay tuition fees with a grace period

Student loans to pay tuition fees with a grace period

Student loans to pay tuition fees with a grace period

Tuition Scholarships * * Loans with a grace period (tuition of 21 KM per month) * Interest-free loans

The loan is approved for tuition for the current and next school year, in accordance with the demand for loan.

Manner of loan disbursement: at the beginning of the school year for each school year for which the loan was granted, with evidence of previously completed year of study.

Repayment period: up to 84 months, which consists of a grace period that can last a maximum of 48 months (repayment of the loan can be contracted without grace period) and repayment of principal and interest, in monthly installments. Grace period means that for a certain defined period of not repaying principal, but only the interest.

Loan amount: up to 16,000 KM

The nominal interest rate is (NCS): 9.25%

The effective interest rate is (EIR): 10.03% (effective interest rate is calculated on the amount of the loan with the use of NIR 9.25%, processing fee of 1.50% of the loan amount and the cost of managing the loan account 1.90 KM)

Repayment of interest grace period: in the grace period, at the end of each month

If a student loses a year or leave the study, the loan is due for payment immediately.

In regards to this, you can download attachement as a representative example of loan repayment plan (pdf format) for different amounts and deadlines:

- Loan amount KM 3000, one year grace period, two years of repayment

- Loan amount KM 3000, one year grace period, one year repayment

- Loan amount 6.000 KM, 2-year grace period, 3 years of repayment

- Loan amount 6.000 KM, 2-year grace period, two years of repayment

- The amount of credit 9,000, 3-year grace period, 3 years of repayment

- The amount of credit 9,000, 3-year grace period, 4 years of repayment

- Loan amount 12.000 KM, 4-year grace period, 4 years of repayment

For more information, please call 055 231 135 and 066 881 122 or visit your nearest branch of Pavlovic International Bank and website http://www.pavlovic-banka.com/.

 

Interest-free student loans

Due to the catastrophic floods that occurred in Bosnia and Herzegovina, Serbia and Croatia, SPU, in cooperation with the Pavlovic International Bank has provided possibility that students can pay their tuition through interest-free loan with the said bank.

The loan is intended for students who regularly attend study, to pay tuition for the current and next school year. It is repayable in equal monthly installments (maximum 12 installments), and accrued interest is payed by University, while the loan applicant (student) pay only the principal. Instrument securing the co-borrower with a bond.

For more information, please call 055 231 135 and 066 881 122 or visit your nearest branch of Pavlovic International Bank and website http://www.pavlovic-banka.com/.

 

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