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.
Tsarevets is once again becoming a place for reviving old traditions. On Saturday, April 27, the village located near the town of Mezdra is hosting the third edition of the "Soap Festival," which presents a typical local custom passed down from..
Today, the Bulgarian Association "Rodina" in the Australian city of Perth is organising an Easter egg dyeing workshop, the association announced on its Facebook page. The event will take place at the local Bulgarian Club from 13:00 to 15:00. All..
The University Botanical Garden in Sofia (49 Moskovska Street, opposite the monument to Vasil Levski) will be hosting a spring festival on 27 April - the day on which Orthodox Christians in Bulgaria celebrate Lazarovden (St Lazarus' Day). The..
In Bulgaria, 71 per cent of 15-year-olds expect to graduate from university and 45 per cent expect to have a managerial or professional position by the..
Bulgarian folk dances from the Pirin region and all folklore areas will be performed on 26 and 27 April at the White Stage Event Complex in the mountain..
Citizens of North Macedonia elect president on May 8 With 40.08% in comparison to 19.92% of those who voted in the first..
+359 2 9336 661