The basic condition for concluding a loan agreement is meeting the income criterion. Starting from the academic year 2023/2024, the maximum income per person in the family entitling them to receive the loan has been set at PLN 3,500.
Student loan - affordable and available throughout the year
Awarded on preferential terms and available throughout the year, these are the main advantages of a student loan. The application process is one-time, and the student will receive the loan throughout the entire period of their studies.
Student loans are granted by selected commercial banks. The preferential terms are made possible through subsidies from the Student Loan Fund, funded by the state budget.
Available all year round for a decision!
You can apply for a student loan throughout the year. The loan decision should be made within 30 days. Students up to the age of 30 or doctoral students under 35 can apply for the loan. An application for a loan can also be submitted by a person applying for studies; in this case, the loan will be paid after obtaining student status.
Student loan - how much and for whom?
You can apply for a student loan regardless of other scholarship benefits received. The loan can be fully guaranteed by the Bank Gospodarstwa Krajowego, so the student does not have to worry about whether their parents' income will allow for adequate loan security.
The student decides on the amount they want to receive from the bank during their studies. You can choose an amount ranging from PLN 400 to PLN 1,000 per month. While receiving the loan, a student can change the amount of funds received, adjusting them to current needs.
Repayment - only after two years after completing studies
Repayment begins only two years after completing studies. This is the time to start working after graduation and stabilize your financial situation.
The loan repayment is on very favorable financial terms - interest is only half of the NBP rediscount rate, and the repayment period is twice the period of receiving the loan, so the graduate repays half of what they received monthly during their studies! For example, a student receiving PLN 800 per month, two years after completing their studies, will repay around PLN 400 per month.
Payment difficulties are not a problem
In case of difficulties with loan repayment, deferment or reduction tools are provided. If a difficult life situation prevents loan repayment, the Minister may partially write off the loan, and in special cases, even in full.
The rules for writing off student loans are defined in Article 102(2) of the Act of 20 July 2018 on Higher Education and Science, as well as in the Regulation of the Minister of Science and Higher Education of 20 December 2018 on student loans (Journal of Laws of 2023, item 742, as amended).
Documents to download are available on the website: https://www.gov.pl/web/edukacja-i-nauka/umorzenia-kredytow-studenckich-zasady
If a student completes their studies among the top 10% of students, they may receive mandatory loan cancellation of up to 50% of the loan amount!
Upon the borrower's request, the student loan may be canceled by the lending institution:
– by 50% – if the borrower completes studies or doctoral education in the top 1%,
– by 35% – if the borrower completes studies or doctoral education in the group from 1.01% to 5%,
– by 20% – if the borrower completes studies or doctoral education in the group from 5.01% to 10%,
– for the best graduates of first-cycle or second-cycle studies, uniform master's studies, or doctoral schools in a given academic year.
An application in this matter should be submitted to the lending institution along with a certificate confirming the borrower's inclusion in the specified group of the best graduates of either studies or doctoral schools.
