In 11 years, less than half of the amount of the guaranteed student loans have been reimbursed to the state. Students refrain from borrowing money because of the high interest rates, although a total of EUR 20 million was earmarked for student loans in 2021. In 11 years, only 1,274 students have applied for a student loan.
Despite the state guarantee, few students apply for student loans, because of the high interest rates. They have to pay 7% interest rate, which equals the interest rate on a consumer loan, Alexander Uzunov from the National Representation of Student Councils told the BNR.
According to Ivan Stoykov, financial expert from the website My Money, it is unlikely that interest rates be reduced, because students may not be able to find a well-paid job after they graduate from the university.
The town of Elena, Veliko Tarnovo region, will welcome thousands of guests for the Feast of the Elena pork leg meat delicacy . Balkan masters will demonstrate their culinary art on Saturday and Sunday, BNR correspondent Zdravka Maslyankova reported...
The international wine festival "Bolgrad Wine Fest" is opening today in the unofficial capital of ethnic Bulgarians in Ukraine - Bolgrad. The two-day event will be held at the Center for Culture and Recreation. For the first time, within the..
The 33rd Bulgarian polar expedition is heading to Antarctica to continue its scientific research in cooperation with scientists from different countries. For the first time, travelers from two Balkan countries - Greece and Montenegro, as well as from..
The Varna Regional Library "Pencho Slaveykov" has acquired a humanoid robot. It was unveiled by the library's director, Radka Kalcheva, during the..
1000 participants will take part in the first Burgas Half Marathon, which will take place this Sunday, 24 November. The event will bring together..
Partly Cloudy