What can I finance with a student loan?


With a student loan you can finance all the costs your children incur during their higher studies.

There are a lot of them, we would like to list them.

  • Why is a student loan useful?

Your youngest has just completed his secondary education in science. And the plans for September are already set: he would like to start as a dental student. A study that involves a lot of costs, but you still want to support your son as much as possible. Because investing in his future so that he can do what he loves is a priority for you.

With a student loan you can finance all the costs your children incur during their higher studies. Moreover, the repayment is spread over a short, fixed period.

  • What costs can I finance with a student loan?

You can finance a lot of costs with a student loan:

– Academic costs (registration fee…)

– Books

– Material

– Travel costs

– Housing (student flat…)

– A laptop

– Internet connection

– Food

Moreover, you do not have to invest all of this loan in one go: it is perfectly possible to withdraw the full amount and then, as you incur costs, pay everything at your own pace.

  • student loan at Good Bank

With this loan, Good Bank wants to encourage projects that help young people to invest in their future. To support parents in this, the bank provides advantageous conditions such as a very low interest rate and a very short term.

The student loan from Good Bank is, under certain conditions, very affordable for parents who want to finance their children’s studies or for students who earn some extra money. The interest rate is unique and amounts to 2.99% *. The minimum amount is 1,250 USD and can go up to 5,000 USD. The term is preferably 12 months and a maximum of 24 months, so that students and their families are not tied to the loan for too long. For more details about the student loan or for a simulation: click here.

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* Representative example: installment loan for higher studies of USD 3,500, annual percentage rate (APR) of 2.99% ( fixed annual lending rate: 2.94%) Monthly installment of USD 296.34 / month in 12 months. Total amount to be paid 3,556.08 USD.

APR valid on 26/08/2016. Installment loan subject to acceptance of your file by New Credit nv, Rue Ravenstein 60/15 – 1000 Brussels, Brussels Register of Companies VAT BE 0445.781.316, lender. Good Bank is a commercial name of New Credit NV. The APR is a maximum of 2.99%. The term of the loan can vary between a minimum of 12 months and a maximum of 24 months.

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