Turkey is an amazing country both for studying and for education, the Turkish government has been deliberate about attracting international students into their country through various means such as scholarships and grants. Turkey is surrounded by countries such as Greece and Russia which are great places to explore during vacations.

Read Also: How to Obtain Student Loans in the Netherlands as an International Student

Who Needs Student Loans?

Affordability is quite relative when you compare different households based on their financial earnings, this is because most households do not have the same income hence some students might require some sort of financial assistance to aid their rent, tuition or daily expenses.

 Does Student Loan Work In Turkey?

Actually, for now, there are more scholarships and grants available to international students through various international offices of different universities due to the government policies which is currently looking to increase their international student presence in the country.

Are There Other Options?

The good news is that there are local banks that are willing to assist your financial needs as a student, but there are a few requirements you must be willing to provide before you can access such loans they include;

• Passport
• Student I.D
• Statement of accounts

Is there a Minimum Amount?

Some banks would like to know what your tuition fee breakdown is to be certain that there is no alteration in the price, while some would rather give out little loans for rent, tuition and other little expenses. Most banks determine their repayment plan and interest rates independently.

Conclusion

Because Banks give out loans independently, repaying your loans would be subject to agreements made with your bank. However,  you can consider taking a part-time job while studying as there are flexible laws allowing students to work with their resident permit.