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It is a government subsidised loan with interest rates lower than for Student Loan 1 (above)

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In addition to the regular (monthly) need-based grant (shown in the diagram above), there is a scholarship scheme jointly financed by municipalities and higher education institutions (Bursa Hungarica scholarship). One-off initial and emergency grants are also available.

Only state-funded students can receive a merit-based grant. In order to receive a merit-based grant, students have to obtain a certain number of credits or a minimum mark stipulated by the HEI. The grants are paid for a period of 10 months/year.

The diagram does not contain data on the ‘Scholarship of the Hungarian Republic’, which is granted only to the best performing students (maximum 0.8 % of state-funded students) and is a significantly higher amount.

Fee paying students can take out both types of loans to cover both study costs and living costs

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Fee paying students can take out both types of loans to cover both study costs and living costs


A government-subsidised loan (Student Loan 1) is available for both state-funded and fee-paying students (max same day payday loans Tomah. HUF 50 000/month for a period of 10 months/year). Orphans and those with unemployed parents can receive HUF 10 000/month more. The maximum duration is 5 years (7 for longer diploma courses such as medicine). Read More