If you decide to cancel a part or all of your loan before the end of the term indicated in the application, you will have to pay a cancellation fee of 0.50% of the amount canceled, if less than 12 months remain to pay off the loan, or 1% if more than 12 months remain.
Study Loan
For degrees longer than 2 years
Do you need less than €3,000?
Check out the advantages of the BBVA Después Card.
Do you want it?
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Applying for your Study Loan (degree longer than 2 years) is as simple as:
- Fill out the application form.
- Send us the documentation we request.
- If everything's correct, we'll deposit the money into your account.
With the BBVA Estudios Loan you will also be able to finance your studies abroad.
Details
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How you can use your Study Loan (degree longer than 2 years):
- It's a one-stop loan to finance study programs lasting more than 2 years, for your pre-university, university or higher studies, in Spain or abroad.
- Request the total amount you will need for the duration of your studies, and the repayment period.
- Make arrangements to pay for your studies and pay only for what you need during that time.
How does it work?
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Request the amount you think you will need for the duration of your studies. Every year, request part of that amount and use it to cover the expenses related to your studies.
This example will make it clearer
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We'll tell you what the financing of your studies would be like with a loan of €9,000 to be repaid in 5 years, drawn down in full from the start:
- Interest rate: 3.95% NIR.
- APR: 4.10%.
- Grace period: 3 years.
- Total interest during the grace period: €1,067.34.
- Monthly interest payments for a period of 3 years: €30.19 or €29.22 depending on the days of the month*.
- Repayment period: 2 years.
- Constant monthly payments: 24 payments of €390.62.
- Total amount to be returned: €10,484.32.
The APR was calculated taking into account postage expenses: €0.70 monthly.
If you need to open a checking account exclusively for managing this loan, and if the conditions for having no maintenance fees on said account are not met, the fee will be €120 per year. Therefore, the APR would be 5.80% and the total cost would be €11,084.32, total interest during the grace period: €1,067.34.
*The monthly interest payment may vary depending on the days of the month on which settlement is due.
Apply for your Study Loan (degree longer than 2 years)
Would you like more information?
BBVA for young people
In BBVA we have more products and services designed for you.
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Personal Online Loan
Turn your projects into reality Request up to €75,000 in less than 3 minutes. -
Paycheck Advance Loan
Deal with unexpected expenses by getting up to a €3000 advance on your paycheck, and pay it back in 6 months. -
Study Loan (degree shorter than 2 years)
Pay for your preparatory or graduate studies. From €1,000 and a term of up to 8 years. Fixed 3.95% NIR (4.15% APR), with no commitment fee.
Be a BBVA customer.
- We are leaders in digital innovation working to make your life that bit easier.
- Our approach is based on transparency, clarity and responsibility.
Higher Education Loan at 2 years
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