Applying for the Government's Student Loan Scheme
There is a government-sponsored student loan scheme for Polish residents.
The Student Loan and Credit Fund was established at Bank Gospodarstwa Krajowego (BGK). Means of the Fund are intended to provide student loan interest subsidies and redeem a part or the whole of student loans. BGK does not grant loans. Loans and credits can be applied for in one of the four commercial banks which signed a cooperation agreement with BGK.
Applying for a Student Loan Banks
A lot of banks provide loans. It is important, however, to choose a bank that meets your circumstances, such as your income, your credit rating and your securities.
If a parent or other creditworthy individual cosigns the loan with you, it may lower your interest rateand give you a better chance of approval.
Make sure you apply early even if you have a conditional offer as you can amend or cancel your application if your plans change.
Please list down the office locations that can be approached for applying. External links can also be used specifying office locations.
In Poland, loans are easily available from the various credit unions, banks or loan companies that deal in making loans available. By virtue of their trade, loan companies and agencies offer attractive terms for students to borrow from them rather that dwell on conditions of the loan other than the borrowers ability to pay back the loan.
Explain the fees structure which is required for obtaining the certificate/document.
Explain the time until which the certificate/document is valid. e.g. Birth Certificate Valid Forever
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Videos explaining the procedure or to fill the applications. Attach videos using the following tag <&video type="website">video ID|width|height<&/video&> from external websites. Please remove the "&" inside the tags during implementation. Website = allocine, blip, dailymotion, facebook, gametrailers, googlevideo, html5, metacafe, myspace, revver, sevenload, viddler, vimeo, youku, youtube width = 560, height = 340, Video ID = Can be obtained from the URL of webpage where the video is displayed. e.g In the following url "http://www.youtube.com/watch?v=Y0US7oR_t3M" Video ID is "Y0US7oR_t3M".
Loans for university students studying in Poland is offered by the countrys only owned bank. It makes loans available to students are very low interest rates and also makes credit amortizations available to selected students who are in real need of financial support for their studies. The amortization accords students a lower amount to pay at the end of the loan period. It works in consort with 9 other commercial banks to provide preferential credits to students.
In Poland grants and loans for assisting students in their academic studies are provided by the government-owned bank, universities and credit unions. The terms offered for accessing these financial aid sources are different and students are required to observe and follow different procedures for obtaining and reimbursing them. Loans are also available to non-EU citizens.
Pursuant to the Act of 17 July 1998 on Student Loans and Credits (Polish Journal of Laws No. 108, item 685) the Student Loan and Credit Fund was established at the Banks. Means of the Fund are intended to provide student loan interest subsidies and redeem a part or the whole of student loans. Banks does not grant loans. Loans and credits can be applied for in one of the four commercial banks which signed a cooperation agreement with the banks.
Please explain what are other uses of obtaining this document/certificate. e.g. Birth Certificate can be used as proof of identity.
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