This way you can use your 2-Year Higher Education Loan:

• Offers you the option of financing the cost of your entire university studies in a single product. You will be able to pay for your degree, master's degree, doctorate, postgraduate studies, and your children's studies. Both in Spain and abroad.
• Request the total amount you will need for the duration of your studies (between €3,000 and €75,000) and the repayment period (from 1 to 8 years). It must be approved by BBVA.
• Once the loan is approved by BBVA, part of the loan will be made available to you at the start of each course depending on how much money you need. You will have to report and justify the amount to BBVA with a pro forma invoice, registration, rental contract, etc. which prove the drawdown recipient.
• The Estudios Loan has a grace period of 1 to 5 years, during which the monthly payments correspond only to the interest generated by the money drawn. They do not include the principal.
• Once the grace period is over, the repayment period begins, which will last until the period selected for repaying the loan ends. The monthly payments will then include payment of interest as well as repayment of the principal borrowed.