Loans of honor for university students without income


Let’s find out what the loans of honor reserved for university students are and how they work. The main features of this form of financing that allows you to get the money you need without the need to present any income document, as is the case for most financial products. Let’s see what are the requisites for accessing the loans of honor that will allow us to face university expenses without any problems or for any masters.

What are the loans of honor for university students without a paycheck?

What are the loans of honor for university students without a paycheck?

When we are looking for a loan, the main problem is certainly that linked to the requirements that the bank requires to provide the sum desired by the client. The basic requirement that is required in most cases is that of income. If we demonstrate to the bank or the financial institution that the loan has to pay us a monthly income guaranteed by a contract of employment, or from the pension provided by INPS, certainly the company will have no problems in granting the loan, given that in this in the event the risk of insolvency on the part of the client is minimal. However, not all customers are able to present a paycheck or any income document as collateral, precisely because they do not have an income.

This is often a big problem, which does not allow the customer to receive the desired loan, or forces him to find alternative guarantees to be presented as the signature of a guarantor or mortgage of a property. In the case in which to apply for a loan is a university student, which as such can not guarantee an income, then the perfect solution in this case is that of the loan of honor. This form of loan is born with the intent to help the most deserving students to face the expenses of the university even if their financial resources would not allow it.

So instead of income, the guarantee necessary for the provision of funding is represented by the exams obtained by the student. Depending on the university that you attend and the bank you are addressing, the thresholds for the diploma grade for first-year students, the number of exams passed and the relative average of grades for the following years are defined.. Moreover, only those who really need it can have access to loans of honor, which, as we shall see better in the next paragraph, offer particularly advantageous treatment. For this reason a threshold is set for the Isee declaration for the current year.

How to get an honor loan for university students without income

How to get an honor loan for university students without income

If you have passed the high school test with a good grade and you want to enroll in university, or you are already university students and you have passed the exams with a good grade, then you will probably have access to the loans of honor. Who should you contact to request this form of financing? To see if you can get the loan you need, even if you do not have an income, the first thing you need to do is visit your university’s website. Here you will find all the information related to funding and facilities reserved for students of your university. There are several universities that have agreements with banks to offer their students the opportunity to have access to the credit they need to pay the university fees.

Unicredit is among the main companies that offer honorary loans to university students without paychecks, which in the range of products that it publishes on its website presents Unicredit Ad Honorem. By choosing this form of financing, we can receive a sum of up to 27,700 euros. So it is not a small sum, but a real personal loan that will be of great help to pay university fees, buy the necessary educational materials to deal with the various exams, and also, for students who are interested, achieve a master’s degree. The universities with which Unicredit collaborates are located throughout Italy, and in particular are the Alma Graduate School, the Milan Polytechnic, The Johns Hopkins University, Bocconi University of Milan, University of Bologna and Luiss University of Rome.

In order to obtain the credit we need, we will therefore have to go directly to our university, which will present us with the merit requirements necessary to receive the loan of honor. The characteristic of Unicredit Ad Honorem that makes it particularly attractive is that the reimbursement will start only once finished the course of study, with a number of installments ranging from a minimum of 12 up to a maximum of 180, so with the possibility of choosing more or less light installments according to your needs. Furthermore, the possibility of postponing the start of the payment of the first installment with the so-called ” grace period ” for a maximum period of 2 years, during which no interest will accrue, is also very useful.

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