Published: December 04 2023
of beneficial student loan account The government has established a beneficial student loan account to further assist students. This includes free monthly account management, access to electronic services, monthly bank statements, and the use of associated bank cards. Strategic partners for providing this account have been selected through an open tender process, with four banks, Erste, Gránit, MBH, and OTP, being chosen as eligible providers.
Conclusion
Student loans in Hungary continue to offer low interest rates for general-purpose loans and zero interest rates for specific-purpose loans. The introduction of the beneficial student loan account aims to further support students in managing their loans.
Questions & Answers
What is the current interest rate for student loans in Hungary? The current interest rate for student loans in Hungary is 7.99%.
Is there an interest rate cap for student loans in Hungary? Yes, there is an interest rate cap of 7.99% for Diákhitel1, while Diákhitel2 and képzési hitel have a 0% interest rate.
How many new student loan contracts were signed in Hungary this year? So far this year, more than 13,000 new student loan contracts have been signed in Hungary.
How many existing student loan contracts are there in Hungary? There are over 200,000 existing student loan contracts in Hungary.
What other benefits are provided by the Hungarian government for student loans? In addition to the low interest rate, the Hungarian government has created a favorable student loan account. This account includes free monthly account management, free use of electronic services, free monthly bank statements, and free use of the associated bank card.
Which banks have been selected as strategic partners for offering the student loan account? The Diákhitel Központ has selected four banks as strategic partners: Erste, Gránit, MBH, and OTP.
What calculations were made by the Ministry of Economic Development regarding student loan interest rates? The calculations made by the Ministry of Economic Development indicate that in the current interest rate environment, the interest rate for unrestricted student loans would be above 13%.
