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 Buzludzha Monument will be the set of a Hindi film production. A team of 100 people have arrived in Kazanlak for the filming of "Good Bad Ugly", which stars famous actor Ajith Kumar in the lead role. The film is being shot in..
Bulgaria’s successes at international science Olympiads in 2024 can be seen in an exposition entitled “Fantastic minds”. Inaugurated to mark Awakeners” (Enlighteners”) Day, 1 November on Lovers’ Bridge near the National Palace of Culture in Sofia,..
Leading researchers and lecturers from the St. Kliment Ohridski University in Sofia and the Institute of Astronomy and National Astronomical Observatory of the Bulgarian Academy of Sciences will be paying a visit to the Museum of Natural History in..
Partly Cloudy
Mostly Cloudy
Cloudy