Bulgarian Tuition Fee Loans Now Open To UK/Irish Students
Written in News & Updates on Wednesday, 22 May 2013 03:00

Bulgarian Universities have confirmed to EUNiCAS that EU students, under the age of 35, can access the Bulgarian Tuition Fee Loan system.There are three banks in Bulgaria that have been authorised by the Bulgarian Ministry of Education to offer student loans.

Through this system, EUNiCAS is advised that students who have enrolled on a programme at a Bulgarian University can apply for a loan, to cover tuition fees, directly from one of these authorised banks. Apparently, it takes less than a week after the student presents the required documents for loan approval to come through. On approval, the bank transfers the tuition fee into the bank account of the relevant university. Note that annual interest rate on this loan is 7%.

It is important to note that EUNiCAS has not been in touch with any UK/Irish student in receipt of this loan but this could be because they haven’t been aware of them. EUNICAS would appreciate hearing from any UK/Irish student who has availed of this opportunity.

There are increasing numbers of UK and Irish students applying to Bulgarian universities [Medical University of Varna, Medical University of Sofia and Medical University of Pleven] to study Medicine and Dentistry. Though fees of Eur8000 pa are lower than in most other Eastern European countries, they are still beyond the means of many students. This facility could open up opportunities otherwise closed to this group of students.

Below: the city of Varna