Loans for EU Citizens

About the Program

Raiffeisenbank, DSK Bank, Allianz Bank BulgariaPostbank, First Investment Bank, Bulgarian American Credit BankInvestbank and United Bulgarian Bank provide government-guaranteed loans with an interest rate up to 7% per year for Bulgarian and EU degree-seeking students up to the full amount of tuition for a maximum of eight semesters of AUBG attendance.

* Important: Investbank is currently offering loans with an interest rate of 3.95 % and Bulgarian American Credit Bank is currently offering loans with an interest rate of 4.95 %.

According to the Student Loan Act, loan applicants must be between 18 and 35 years of age when applying for the government-guaranteed loan.

Applicants for government-guaranteed loans must contact the Student Loan Office to get a Loan Certificate which needs to be presented to the bank. 

For more information about the program, please visit the Bulgarian Ministry of Education and Science's webpage on student loans or view the brochure here (in Bulgarian only).

Loan Application Procedure

If you would like to apply for this loan, you should go through the following steps:

  • contact Student Loan Office (ABF, Room 6218) and fill in the loan certificate (if the student has declared two majors, he/she can apply for a loan for one of the majors and must choose which one to indicate in the loan certificate)
  • pick up the loan certificate, signed by AUBG
  • visit the bank office (Raiffeisenbank, DSK Bank, Allianz Bank Bulgaria, Postbank, First Investment Bank, Bulgarian American Credit Bank, Investbank and United Bulgarian Bank)

Important Information

Students must present loan certificates to the bank every semester, even if they are not going to need the loan tranche for a particular semester.

Students in their ninth or later semester, or students who have prolonged their class standing for more than two semesters, are not eligible for government-guaranteed loans.

First semester students must pay their student bill by Aug. 17 for the Fall semester and by Jan. 10 for the Spring semester and they will be able to obtain a loan certificate after the semester has started.

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