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Student Loans

RIT Kosovo (A.U.K) has agreement with TEB and Procredit Bank, while in other banks students may apply for loans according to the particular bank’s loan terms and conditions.


 TEBteb logo

  • Interest rate: 0%
  • Loan Maturity: 12 months
  • Loan Administration Fee: 4.00% from which 2.00% will be covered by RIT Kosovo and 2.00% will be covered by a student.

Bank’s terms and conditions:

  • Application form (will be completed by TEB officials);
  • Identification document (if a student is employed,  or parent);
  • Employment contract of an applicant;
  • RIT Kosovo tuition invoice and enrolment confirmation with RIT Kosovo;
  • Bank statement for the past six months (If applicant has an account in TEB and receives its salary in bank no bank statement is needed);
  • Any invoice to confirm address((If applicant has an account in TEB this document is not needed)
  • Administrative fee on the salary (this form is provided by the bank offices and has to be signed by an employee)

 ProCredit Bankpcb logo

  • Interest rate: 0%
  • Loan Maturity: 12 months
  • Loan Administration Fee: 4.00% from which 2.00% will be covered by RIT Kosovo and 2.00% will be covered by a student.

Bank’s terms and conditions:

  • Employment contract and bank statement for the past six months (if applicant has an account in PCB and receives its salary in bank no bank statement is needed
  • Administrative fee on the salary (this form is provided by the bank offices and has to be signed by an employee);
  • Identification document;
  • Identification document of co-debtor
  • RIT Kosovo tuition invoice and enrolment confirmation with RIT Kosovo

 The loan agreement is provided at any of the Bank’s offices.

Please consider that bank may ask additional documents if deemed necessary. All students are free contact bank for any specific requirement.

 LONG TERM STUDENT LOANS                          

RIT Kosovo (A.U.K) students have an option to apply for Long Term Low Interest Rate Loan with NLB Prishtina for up to 7 years to finance their studies with grace period up to 24 months.  RIT Kosovo (A.U.K) will cover 50% of the total interest while students have to pay principal and 50% of interest.

  • Interest rate: 4 % : out of which 2.00% will be covered by RIT Kosovo (A.U.K) and 2.00% will be covered by the student
  • Loan Maturity: up to 7 years
  • Grace period; up to 2 years

 How does a grace period loan work?

During student’s first two years of study, they will only pay a fraction of interest (half to be covered by RIT Kosovo (A.U.K). Student’s only start paying the principal of the loan from the third year for the following maximum of five years.

Steps you should take to apply for long term loan:

  • Apply online in NLB website through the link: http://nlb-kos.com/aplikacioni_online_per_kredi/
  • Once the loan application is done,  it must be sent in the email: This email address is being protected from spambots. You need JavaScript enabled to view it.

Bank’s terms and conditions:

  • Identification document (if a student is employed,  or parent);
  • Employment contract of an applicant;
  • Student agreement with RIT Kosovo (A.U.K);

 Please consider that bank may ask additional documents if deemed necessary. All students are free contact bank for any specific requirement.

 

Terms and conditions for Student’s Long Term Bank Loan

 From 2017/2018, students of RIT Kosovo (A.U.K) have an option to apply for Long Term Loan up to 7 years to finance their studies with grace period up to 24 months.  These loans are offered by NLB Prishtina with a low interest rate of only 4%.

RIT Kosovo (A.U.K) is willing to pay 50% of the total interest while students have to pay principal and 50% of interest.

In case if a student discontinues studies with the RIT Kosovo (A.U.K), the remaining tuition amount will be reimbursed, however the total of interest paid by RIT Kosovo (A.U.K) will be charged to the students account.

NOTE: Early bird registration is not available for payment agreements such as student’s short-term and long-term loans.

Contact us

Business Office 
RIT Kosovo (A.U.K)
Phone: +381(0)38 66 00 00
Fax: +381(0)38 608 024
email femini[at]auk.org
email acami[at]auk.org
email tvitia[at]auk.org

Location

RIT Kosovo (A.U.K) Main Building,
First Floor
Str. Dr. Shpëtim Robaj p.n.
Republic of Kosovo


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