Study now and pay later: this is how banks finance university
The entities offer loans of up to 80,000 euros and grace periods to cover tuition fees, accommodation or other expenses, although the conditions vary considerably.
Several Spanish banks offer specific loans to students to finance their education. Santander offers up to 80,000 euros for students to finance their entire degree, with a repayment period of 1-10 years and a capital moratorium of up to 6 years. Other banks, such as BBVA, CaixaBank, Unicaja, Sabadell, Ibercaja, Cajamar, Abanca, and Kutxabank, also offer student loans with varying terms, including loan amounts ranging from 30,000 to 75,000 euros, and repayment periods of up to 10 years. Some banks, such as CaixaBank, do not require collateral from students residing in Spain.
Written by urgent.news from Expansion ES's report — not a translation of it. Machine-written — may contain errors; check the original before relying on it.
