At BIL, we believe that every study project deserves a strong start. That's why we offer you €200* to help cover your first student-related expenses and allow you to begin this new chapter with confidence.
*For your first AideFi loan subscription
As a bank approved by the Luxembourg government, we can offer you a loan of up to EUR 3,250 at a preferential rate (maximum 1.8%).
No need to visit your local branch! Request and sign your loan application directly from your BILnet app.*
Enjoy hassle-free repayments that can start two years after you complete your studies and extend over a maximum ten-year period.
My situation:
I am studying outside my country of residence and I pay a rent:
The amounts of any grants, student loans, child benefits and housing aid that you receive in your country of residence per semester are fully deducted from the financial aid granted by the Luxembourg state for higher education.
*Parents, parent and spouse, student and spouse / partner
The simulation is for information purposes only. The amount allocated is calculated by the government based on the supporting documents to be sent with the form.
Use our online simulation tool to get a personalised estimate of your loan. You can adjust the amount borrowed and the term of the loan to find the solution that best suits your budget.
Once your application has been reviewed and approved by Financial Aid Services, you will receive an official agreement with a QR Code.
To submit your loan request, simply scan the QR Code using your BILnet app.*
Once your request has been accepted, the funds will quickly be available in your bank account.
The BIL College loan meets your additional financing needs so you can complete your university studies. It allows you to take advantage of significant benefits:
A loan of up to EUR 12,500
A preferential interest rate
Hassle-free repaymentsThat can start two years after you complete your studies at the latest and extend over a maximum five-year period.
Renewal of the credit tranche is not automatic; it depends on your needs. For each study semester, you can request a new instalment via MyGuichet. You will then receive a confirmation letter with a QR Code. Then simply use your BILnet app to scan the QR code
Apply for renewal at the beginning of each semester:
When you take out a loan, you have to pay interest. It costs money to borrow money. But you should know that the interest rate on the AideFi loan is very attractive: 1.8% at most.
Interest is payable in instalments: twice a year, on 30 June and 31 December. On these dates, an account statement will be sent to you via the BILnet app indicating the amount of interest to be paid.
Repayment of the loan begins two years after you complete your studies and can be spread over ten years NB: while you are a student, don't forget to send us your annual academic attendance certificate, otherwise your loan repayments will start.
