AUB signs student loan agreements with two banks in Lebanon

The American University of Beirut signed multi-year cooperation agreements with two leading Lebanese banks to help provide students with low-rate loans that can be repaid up to 11 years after graduation.

The two loans are offered at a reduced 3% interest rate, and students are expected to start their 10-year repayment plan one full year after graduation. Application fees are waived, conditions are minimized, and guarantees are facilitated to grant students the maximum benefits. The loans also come with a free life insurance.

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