Parliament Reduced Student Loan Interest Rates and Eased Conditions

15.01.2026 | Legislative changes

Reduction of interest rates on student loans from 7% to 3% and new benefits for students. The state will cover loans upon the birth of a second child. The proposers foresee a budget of 100,000 leva.

Снимка от MrPanyGoff, Wikimedia Commons, под лиценз Public domain

The Parliament adopted amendments to the Law on Lending to Students and Doctoral Students. A key change is the reduction of interest rates on student loans from 7% to 3%.

In addition, the state will cover the loans of both parents upon the birth of a second child, which represents a significant relief for families.

Sanctions are provided for banks that violate the framework agreements.

The proposers from "BSP - United Left" calculated that the changes will cost the budget 100,000 leva.