Studiendarlehen Hessen

Promoter – Financial Intermediary

LTH - Bank für Infrastruktur

Location

• Germany

Description

Financing of student loans to be extended by LTH - Bank für Infrastruktur in the federal state of Hessen. The proceeds of the student loans are used exclusively to finance the tuition fees of universities and colleges ("Fachhochschulen").

Objectives

To ensure sufficient provision of student loans with favourable terms to finance the university and college tuition fees in the state of Hessen.

Sector(s)

• Education

Proposed EIB finance (Approximate amount)

EUR 75 million.

Total cost (Approximate amount)

EUR 150 million.

Environmental aspects

N/A

Procurement

LTH grants the loans to students exclusively for financing of the tuition fees. All undergraduate students enrolled in the universities and colleges in the state of Hessen and with the EU nationality are eligible to receive a loan. (Students from outside the EU may be awarded a loan under specific circumstances.)

Status

Signed - 12/11/2007