What is Educational Student Loan Fund?
Educational Student Loan Fund was established by a Decree of President Ilham Aliyev on June 17, 2021. The procedure of granting student education loans was approved by Law 226 of the Cabinet of Ministers on July 24. Educational student loans are granted to students-citizens of the Republic of Azerbaijan receiving fee-based and full-time education during the normative period of study at the educational institutions operating in the Republic of Azerbaijan. A student who receives educational loan must not have an academic debt in the last semester.

What is a social educational loan?

The Social TTK is issued at 2 percent.To receive the Social TTK, a student must have one of the following conditions:
1. A member of a family receiving targeted state social assistance;
2. a person with a 31-60 percent disability (group 3);
3. Recipients of labor pensions for loss of breadwinner;
4. Persons who took part in military actions for territorial integrity of the Republic of Azerbaijan and received the title of "war veteran";
5. Both parents (and if he/she has one parent):
- Disabled with an impairment of body functions from 61 to 100 percent (group 1 or 2) ;
- If officially registered as unemployed;
- If he/she receives an old-age pension;
- If he/she receives old-age social benefits.

What is a standard educational loan?

A standard loan has an annual interest rate of 6 percent. To be eligible for a standard loan, a student must meet all of the following conditions:
1. If the student's overall grade point average (UOMG) is 71 or higher.
2.If he/she is self-paying 20 percent of the annual tuition
3.Those who are not eligible for social loan