“Maarifçi” Student Loan Fund announces new loan session

“Maarifçi” Student Loan Fund has announced a new session for students who want to take loans.

The loan aims to help students pay their tuition fees for the 2016/2017 academic year.

The students applying for a loan should meet a number of criteria. They should be citizens of the Republic of Azerbaijan, study at one of the founding universities and also need financial assistance to continue their education.

Detailed information on loan types and terms, application requirements is available on www.maarifci.az website.

Students can submit an online loan application, which was introduced with the aim of ensuring transparency and efficiency in the application process. The website also provides information on how and who can apply, as well as the list of the required documents.

The fund aims to create equal higher education opportunities for students from low-income families, who experience problems with paying their tuition fees, through granting long-term low-interest loans to them.

The first session saw the fund consider 55 online requests based on its criteria, with loan agreements signed with 22 students.

Applications close on October 31.