Interesting and convenient solution
Student loans are an interesting and convenient solution for all those who cannot pay their degree studies, a master’s degree or who are unable to bear the costs of accommodation that an out-of-office student has to face. There are two types of student loans. There is one similar to a normal personal loan, with the only difference of a lower amount (often up to 5,000 USD), very low and convenient interest rates and a high number of installments, repayable during the course of study (in this category may also include the Specialcash of Italian post offices, which however does not have a specific character, or the credit express of Unicredit) i. Then there are the subsidized loans, including the loan of honor.
End of the course of study or specialization
Their peculiarity consists in the fact that they can be returned calmly, that is, only at the end of the course of study or specialization (you can start paying even two years after obtaining the qualification), and that they have really low interest rates, which also makes them suitable for the payment of expenses for off-site studies, for example in other countries (such as England, the USA, etc.).
Demonstrating a considerable merit in studies
Loans of honor, in particular, are accessible even only by demonstrating a considerable merit in studies (especially for university ones, both workers and non-workers) or a low income and their amortization period can also reach 10 years . There are many banks or financial institutions that provide these types of financing: personal loans for young people are disbursed by banks, while subsidized loans are arranged by virtue of agreements between the banking institution, the university where you study, and the government.
Finally, the loan of honor can also be disbursed in the form of a scholarship. One of the peculiarities of these loans is that their application can also take place online. In the latter case, however, it is good to be very careful about the risk of scams: