How to apply for and how to keep the loan “by merit”
Haven’t enrolled in a university abroad yet for fear of costs? Know that the novelty of this year is the loans for university students abroad provided by Intesa Sanpaolo!
With “per Merito”, this is the name of the loan, you have the opportunity to obtain up to 50,000 euros to pay university fees, board and lodging costs, and all the expenses necessary to study abroad.
What are the conditions of the Intesa Sanpaolo student loan?
The terms of the loan “for merit” exceed, in terms of advantages and availability of funds, any other loan for university students.
Check it out for yourself! Here are the conditions, including those of return:
- No financial guarantee is required. If you are looking for unsecured college student loans, this is definitely for you!
- Fixed-rate, defined at the time of signing the loan.
- The tranches are disbursed every 6 months.
- You decide the duration of the repayment installments.
- You start paying 24 months after completing your studies.
- Up to 30 years of installments (with the possibility of early repayment without extra costs).
Furthermore, with this loan you can help other young people to live your experience: every single interest on the loan “per merit” is allocated to the Fund for Impact, a fund for categories with difficulties in accessing credit and studying!
Requirements for obtaining a loan for university students abroad
If you are inquiring about Reference for loans for university students abroad, you will certainly be aware that, to obtain them, you must meet particular requirements.
The Intesa Sanpaolo loan does not ask for economic guarantees, but asks that those who apply have the following general requirements (combined with specific requirements that you find in succession):
- be resident in Italy
- do not be out of course;
- be at least 18 years old.
Furthermore…
If you have to enroll in the first year of university you must have:
- a diploma with a score of at least 70/100;
- the letter of acceptance from the foreign university (feel free to contact us to ask for our free help with enrollment!).
If you want to enroll in a first-level degree but have already attended one or more years in Italy you must:
- have paid college tuition regularly.
- having achieved at least 80% of the exams (or 20 ECTS) provided for in the previous semester.
If you want to enroll in a Master’s degree abroad you must:
- have achieved a score of at least 100/110 on your three-year degree if you enroll in the first year of the Master’s.
- Have regularly paid your master’s / Master’s degree fees if you are not in the first year and want to study abroad during the next or next years.
Nothing scary then!
Be careful, however, because to maintain the benefits (therefore the disbursement of the loan) you must comply with precise conditions.
Read the following paragraph to find out which ones!
How to keep the Intesa Sanpaolo student loan?
Here you are enrolled at your beautiful university in Australia, Canada, the United Kingdom, or any other country you choose … You have a loan that covers both taxes and food, accommodation, and everything you need to get the best out of it. your studies.
However, you must be careful not to lose it, otherwise, there is trouble!
Here is what we dare to respect so that the loan “on merit” continues to be disbursed, or rather to receive the installments following the first:
- pay university fees regularly;
- (only for Bachelor’s Degrees ) to achieve at least 80% of the exams (or 20 CFU) scheduled in the previous academic semester.
If these requirements are incompatible with your course of study, Intesa Sanpaolo will adopt alternative verification criteria, aligning them with those provided by the university.
Again, the bank is not asking for something impossible to achieve!
How to apply for the Intesa Sanpaolo loan of honor?
The loan for university students abroad provided by Intesa Sanpaolo is very simple to obtain.
First of all, you have to:
- Verify that you meet all the requirements requested by the Bank.
- Enroll in the course of study you would like to attend (we at LAE will help you free of charge at every stage of enrollment. Our support is also important because foreign universities consider applications received through agencies as a priority!).
- Wait for the letter of admission …
If the university accepts your application, then you can apply online to get “for merit”.
Here’s how to proceed:
- Click on the Activate by Merit button;
- enter your personal data in the registration form;
- now click on the button at the top right under Customer Access;
- use the password that you will receive via email and the userID that appears at the end of the registration to connect to the personal area of the site;
- change the password as required;
- confirm your personal details and select the appropriate items in the Conventions and Universities section: under the Type of institution you will have to select a foreign university, then you will select the university, the seat, and the degree class.
- Indicate, in the Self-certification subsection, if you are regularly enrolled/enrolled at the indicated university or if you will proceed to formalize the enrollment within 15 days from the loan request;
- at this point you must define the conditions of the loan, choosing the solution that best suits your needs;
- enter the latest details in the Loan data – Loan request section;
- indicate the branch where you want to go to subscribe “by merit”;
- Click on Confirm;
- wait for the welcome email and monitor the status of your access request.
In case of acceptance, you have three months to go to the branch and activate “per Merito”, making an appointment and bringing your identity documents with you (or the certificate of residence if you come from another country but reside in Italy).
Are you looking forward to studying abroad in student finance?
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We are waiting for you!