A higher education lending program has been earned in Russia

A specialized program for lending to higher education has appeared in Russia.

“The participants of the Credo program (education lending) were four leading university - the Plekhanov Russian Economic Academy, the St. Petersburg State University, Moscow State University Lomonosov and the Moscow Agricultural Academy named after Timiryazev,” said Lyudmila Verbitskaya, rector of St. Petersburg State University.

She noted that, under the terms of the program, the loan is issued in the amount of up to 25 thousand dollars for the entire period of training at 10% per annum and a term of 10 years.

“The program provides for a grace period for the payment of a loan within 5 years, while studying at a university,” the rector said. “That is, a student can pay a loan after graduation, having received excellent education in one of the best universities in the country and get high -paying work,” Interfax reports.

“The Credo program is very important for applicants of today's Russia,” Verbitskaya believes. “Its main purpose is to make prestigious education accessible to talented youth. And the conditions that the program offers are made in the country's best universities really accessible.”

“St. Petersburg State University, for example,” said the rector, “retains the budget reception very large, but, along with this, there is also a commercial basis. And if the applicant was not lucky and he was not enough for a score or half a point to enter a budget place, he, for admission to a commercial department, should either ask his parents to pay for him or take a loan on his own.”

In the implementation of the Credo program, the rector believes, there is a kind of educational, civilian moment: “From the age of 16, a young man can sign an agreement on obtaining a loan, make a responsible and independent step. It seems to me that infantility and dependency among the current applicants have long been finished. Today everyone understands that his fate is in his own hands, and the receipt does not depend on the calls of high -ranking parents, and This program brings up a person in a certain way, accustoms him to justice. "

According to the agreement, the number of such students at St. Petersburg State University this year can reach 500.

"And I expect the results from the implementation of the program to very specific: I expect that among 1,500 students of our university studying on a commercial basis, there will be 500 conscious guys who will not ask for money for their parents' education, but will begin to answer for their lives," said Verbitsky.