Forgivable Loans for Bulgarians
available to continuing students only
Loan application deadline for current students
Fall semester
May 15
Spring semester
December 15
ABF-Sponsored Forgivable Loans
With the special support of America for Bulgaria Foundation and Postbank offers forgivable student loans through the Your Future in Bulgaria program to all full-time Bulgarian undergraduate students at AUBG. ABF will cover 20% of the loan principal for every year (up to five years) the student works in Bulgaria throughout the repayment period.
-
up to
€5,000up to
€20,000per academic year for the full course of study The loan can cover payments for
- Tuition
- Housing
- Student activity fee
- Meal plan
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For every full year (up to five) the student works in Bulgaria during the repayment period, America for Bulgaria Foundation will cover 20% of the loan principal amount.
- 6% annual interest rate
- up to 10 years repayment period
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- Fixed interest rate for the entire loan term
- Grace period for the period of education
- No application, no early repayment, or no account servicing fees
- No collateral required
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- Loan application form
- ID card
- Document/certificate issued by AUBG certifying that the borrower is a full-time BA student at AUBG