Now the student loan is issued on favorable terms for 7 years

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⚡️Educational loans are now issued on favorable terms for 7 years

At the forum of youth and students of Uzbekistan, the head of state commented on the system of educational lending.

✅ Including:

“We will create a new system to support talented young people who do not have the opportunity to study at the university on a contract basis.

It is known that today parents receive a student loan for a period of 22 years at a rate of 28-3% to send their child to university.

But it is also a burden on everyone, especially families living in remote and outlying areas.

Therefore, starting from the new academic year, educational loans for all will be provided on favorable terms for a period of 7 years, at the basic rate of the Central Bank, ie at the rate of 14% this year.

"Children from families included in the Iron Book will be able to pay the contract from the budget for the first year of university," said Shavkat Mirziyoyev.