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BARCELONA
COLLEGE OF CHIROPRACTIC STUDENT LOAN
WITH
BANC SABADELL ATLÁNTICO
By virtue of an agreement between the Fundación Privada Quiropráctica and the Banc Sabadell Atlántico, students who are awarded access to the Barcelona College of Chiropractic will have the option of obtaining a loan for the purpose of financing their studies.
The loan can be for as
much as 55,000.00 euros.
Whilst a student is studying at the BCC, he/she is only expected to pay the interest on the loan. Once the student has finished his/her studies at the BCC, the student will have five years to pay back the remainder of the loan.
The
interest rate on the loan will be between Euribor + 0.75 % and Euribor + 1.25%
depending on the individual arrangements made with the bank.
Once a student is registered with the BCC, he/she will be referred to Banc Sabadell Atlántico. After providing the student with all necessary information, the bank will arrange the student's loan application.
Information in relation to payments will be provided by the bank directly to students on an individual basis.
Nevertheless, the following is a general
indication of the expected loan repayments for students who choose to fund
their studies via the Banc Sabadell Atlántico loan whilst studying at the BCC:
- Year 1: 35 euros per month
- Year 2: 55 euros per month
- Year 3: 75 euros per month
- Year 4: 95 euros per month
- Year 5: 115 euros per month
After graduating, at the completion of year 5,
the loan recipient will have another 5 years in which to complete repayment of
the loan. The monthly repayments, during
those 5 years, will be approximately 950 euros (this includes the return of the
capital and remaining interest).
Please note that the information provided is only an indication and subject to change due to changes in the Euribor.