The Consortium of the Cooperation Fund Foundation and the Regional Development Agency in Starachowice are resuming the “Loans for Education” project. This is an opportunity to invest in development and finance the costs of obtaining new qualifications. The project budget, available to the financing partners, is PLN 25,200,000.00 and is being implemented in cooperation with Bank Gospodarstwa Krajowego. The first round of loan applications under this project will begin on August 5th at 9:00 AM. Who is it for?
The “Education Loans” project aims to provide financial support to adults living in Poland by offering interest-free loans with the possibility of partial forgiveness. The program is intended for individuals planning to begin their studies or already participating in training, courses, postgraduate studies, and other forms of education that are not fully paid. Exceptions include first-, second-, and third-cycle studies, as well as long-cycle master’s programs.
“Over the past seven years, as part of the pilot project, we have granted 5,727 loans to individuals who, despite their desire to improve their qualifications, were previously hindered by financial constraints. From the very beginning, we have strived to ensure that our instrument is as tailored to their needs and as simple as possible. At the Cooperation Fund Foundation, we consider a flexible approach to our clients to be our hallmark,” emphasizes Daniel Prędkopowicz from the Cooperation Fund Foundation.
What can you gain?
The maximum loan amount is up to PLN 50,000. This amount can be used to finance one or more training courses in any area of knowledge or skills. The loan is interest-free and has a repayment period of up to 3 years. The beneficiary can receive a grace period of up to 6 months from the date the loan is disbursed. Participation in the program does not involve any additional costs, such as fees or upfront fees.
What is it for?
The loan amount can be used to finance one or more training courses in any area of knowledge or skills, such as postgraduate studies, MBA studies, vocational courses and training, language courses, or IT training. Up to PLN 15,000 of this amount can be used to cover the costs of reasonable accommodations. This means that the costs of specific adaptation measures can be covered when a person with a disability joins the project. These measures are intended to facilitate access to education and are financed through the loan as needed.
How to apply?
The application process for interest-free education loans will open on August 5th at 12:00 PM. 9:00 AM. Applications can be submitted via the online system available at: www.pozyczkinaksztalcenie.pl
The “Loans for Education” project is a continuation of a pilot project implemented by the Cooperation Fund Foundation and the Regional Development Agency in Starachowice, which began in 2017. To date, we have granted 5,727 loans under the program, totaling PLN 65,151,302.66. Participants could receive loans for various forms of education, such as postgraduate studies, courses, or training, with the option of partial loan forgiveness upon meeting certain conditions. The project was very popular, and the loans granted covered a wide range of topics.
More information on the project website: www.pozyczkinaksztalcenie.pl
8.8.2024 UPDATE: We are pleased to announce that on August 8, 2024, we closed the first call for applications for the “Focus on Development – European Loans for Education” program. Over 330 applications were received, totaling over PLN 6.3 million. The next round of applications for education loans is planned for the first half of September.
Media contact:
“Education Loans” Project Team
Hotline: 22 308 14 43 (8:00 AM – 4:00 PM)
Email: kontakt@pozyczkinaksztalcenie.pl
INFORMATION ABOUT THE ORGANIZERS
The Cooperation Fund Foundation has been working for the socio-economic development of Poland for nearly 35 years. FFW is one of the most experienced organizations in Poland, managing, accounting for, and auditing projects co-financed by foreign aid funds in areas such as the social economy, entrepreneurship, education, social innovation, civil society development, and public sector support. Website link: https://cofund.org.pl/
The Regional Development Agency Foundation in Starachowice has been stimulating, fueling, and supporting entrepreneurship since 1992. Our mission is to create favorable conditions for economic and social development. Our main activities focus on combating unemployment and supporting the SME sector by providing them with high-quality, comprehensive services.
