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by voisin
876 days ago
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> Politics also enables this by giving grants and loans to students, which makes the majority of people economically independent from their parents at 18/19. Can you elaborate on these grants and loans? What are they for? When do they start? |
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If you get accepted to a University, you apply and you'll get equivalent of 13-14k usd every year of study to cover living expenses.
Up to 40% of it gets converted to a grant, depending on how many of your classes you passed. The loan is also under very favorable conditions, interest free while studying, very low interest after finished, usually paid over 20 years, and you can postpone payment up to 36 times (3 years) whenever you want.