Going to college on a tight budget? Check out student loans at [URL] for assistance.

Do you already know how personal credit for students works and just need help with contracting this loan? Contact the credit intermediaries Poupança no Minuto and move forward today. To better understand if this is the right credit for you, read how it works in the article.

What is a personal credit for students?

Personal credit for students aims to help you in your academic or professional training, both in Portugal and abroad.

The goal is to help settle the costs of a bachelor's degree, postgraduate, master's degree, PhD, executive training course or technical-professional course, among others, whether in public or private education. It can be used at different levels of education.

So, if you are going to college now in September and need extra help to pay for registration and tuition fees, this is the right product for you.

And know that this product allows you to have a grace period of 4 years, so you can finish your studies peacefully.

What are the advantages of personal credit for students?

Comparing with other loans, the personal loan for students provides access to more favorable conditions.

Conditions such as lower interest rates, a discount on credit if you have good grades in the course, and the choice of how and when you want to repay the loan.

In other words, you can choose to pay the installments monthly, quarterly, or only at the end of the course. You can also choose not to pay anything during your studies, and then access the capital grace period.

Attention: there are certain banks that only offer personal credit to students with an associated student account.

What are the conditions offered in a student loan?

Personal credit for students can be directed to high school students, technical professional students, undergraduate and postgraduate students, master's and doctoral students, in an Erasmus program, among others. And so, it covers the expenses financing for: enrollment, tuition fees, computer equipment or other types of material related to training.

The amount of credit financing can vary between one thousand and sixty thousand euros, with an Annual Effective Global Rate ranging from 4.1% to 6.8%.

Then, the contract deadline can be between 1 and 10 years, considering that there is a limit of 72 years of age for the contractors at the end of the deadline.

The grace period can last up to 4 years, during which only the corresponding interest is paid.

To proceed with this credit, please note that it will be necessary to take out a life insurance, as demanded by banking institutions. The purpose is to ensure the payment of the credit's debt in case of death or disability of the insured person, in the event of an accident or illness.

It can also be suggested to take out a credit protection insurance. But for what purpose? This insurance guarantees the payment of credit installments if the client is on sick leave or faced with involuntary unemployment situations.

Attention that to access this credit you will need to provide supporting documents for the expenses with the costs of the course.

What do I need for an approved student loan?

To access personal credit for students, you must know that it is necessary to meet some requirements and requests. In addition, you need to be enrolled in a course, of course.

Banks require the following: click here.

• Proof of citizenship and residency;
• That is over 18 years old;
• Do not exceed 72 years of age at the end of the contract;
• Proof of expenses for course costs;
• Minimum declared income;
• Document with professional situation;
• That is not on Banco de Portugal's blacklist.

Fits the requirements for student personal credit? Then, let's move forward. The agents of Poupança no Minuto take care of your process without you having to worry about almost anything. It's time to go learn more, without limitations!