First Croatian Erasmus+ Master Student Loan Guarantee agreement

22 October 2018EU news

On 18 October, the European Investment Fund (EIF) and Privredna banka Zagreb (PBZ) have signed the first Erasmus+ guarantee loan agreement in Croatia for mobile masters students.
This agreement will provide financial support for students from Croatia, studying for their Master degree in one of the 33 Erasmus+ Programme Countries.


The loan will be provided at favourable conditions thanks to EU support. The EUR 600,000 agreement between EIF and PBZ is the first in Croatia under the new Erasmus+ loan guarantee scheme financed by the European Union and managed by the European Investment Fund.

Erasmus+ Student Loans will be available in PBZ in the 1st quarter of 2019 at more favourable loan terms and conditions (attractive interest rate, no fees charged and without a guarantee by parents/guardians required).

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