This loan allows you to finance undergraduate, postgraduate, master's, doctoral or other specialisation and technical training courses (taught by higher education institutions) and aviation pilot courses, whether in Portugal or abroad. This way, you won't have to worry about paying tuition fees, computer equipment or other expenses such as travelling, accommodation and learning materials.
Available from €1,000 and with an unlimited maximum financing amount, with total or partial amortisation of the amount owed possible without any penalty.
APR of 7% and Total Amount Payable by the Consumer of € 22.648,56, assuming the Consumer already has an account with BPI (account maintenance fee not included) and loan opening fee (€ 85 + Stamp Duty ) and respective taxes . Monthly instalment of € € 206,12 for a 108 month loan of € 17 000, without a grace period , based on a fixed interest rate (Annualnominal interest rate) of 6%. Rates valid in December 2024.
Ask BPI for a simulation to find out all the up-to-date conditions tailored to your case.
BPI will help you determine the most suitable term and monthly instalment for you, and you can opt for payment periods of up to 10 years.
With BPI Education Loan, you can benefit from a phased use of the capital (if you opt for a grace period), with the mobilisation of minimum tranches of €450, allowing you to cover your education expenses as they arise.
With this loan you can opt for a grace period of 12 months or a multiple of 12 months. The maximum grace period corresponds to the duration of the course plus 6 months, with a maximum limit of 60 months.
Note: partial early amortisation cannot be made during the grace period.
With BPI Education Loan, you can count on a fixed interest rate of 6%.