Student Loans in Georgia
For more information on getting a student loan to study in Georgia, please contact one of our representatives. Our experienced team members will keep you updated with any changes regarding student loans in Georgia to ensure that you have all the information you need to make your academic ambitions come true.
Student Loans at New Vision University
New Vision University offers student loans through local Georgian banks. This loan will cover 50% of the annual tuition fees and covers one full academic year. The student loan will be applicable in the second year.
Loans are only available to candidates from the United Kingdom and the Republic of Ireland with a minimum residency of three years. The candidate must have a minimum of two guarantors who have the same residency status from the same country.
To be eligible for a loan, the student also needs to pass all subjects of the previous academic year. The student needs to achieve an average grade of 75% or more in the modules of the previous academic year.
Students will need to start repaying the loan one year after they graduate. However, in the event that the student drops out from the course, then the loan will be immediately payable. Repayments will be made in equal monthly instalments over a period of 3-5 years. Please note that there is an interest rate of 10% per annum.