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Can you imagine a private bank offering financing to medical students? Financing medicine through Santander is a reality. Here's how it works!
Student financing opportunities have decreased in recent years. However, there are still private banks that offer credit opportunities for university students.
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The specific credit line is the financing for pharmaceutical products provided by Santander. Today, we will examine how this option works, as well as the specifics regarding participation and interest.
More than 150 private colleges in Brazil offer high-quality medical education.
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In addition, they are all accredited by MECbut the tuition fees are astronomical, averaging R$ 7,000 a month.
If you want to study medicine but don't have the necessary funds, you can breathe a sigh of relief and turn to Santander Finance. Above all, it's a cheap alternative with many advantages for young children.
Read also | Caixa International University Credit Card: How to apply for one
Find out how Santander's financing for the Medical Course works
The financing of medicine by Santander is quite simple. Firstly, it's a credit option that becomes available in the fourth month of the course.
Santander offers incentives to students who want credit to pay tuition fees in the first few months after graduation. You should consult a branch.
To take part in Santander's financing credit for university students enrolled in a medical course, you need to submit the required documentation to the relevant bodies.
In addition, your credit will be evaluated. The bank will then assess the student's financial situation.
Proof of income is also required from the student's parents, who can be father or mother.
If the student obtains financing, they will receive it in a single payment. Therefore, it is enough for the contract to be signed for the financing payment to be deposited in the Banco Santander account.
With this, the student will have twice as long to repay, or 12 years, and the tuition fees will be less than the cost of the course.
Santander therefore pays for the medical student's entire course. The investment will be paid back over 12 years.
That means 144 months to complete the installment plan. What's more, with the benefit, you can have tuition fees lower than the course fee.
How can I finance a medical course with Santander?
To participate and sign up to find out how Santander's financing for medical students works, you must enter the site and print a copy of your driver's license.
The student must then fill in the form with the necessary information and sign the bank.
Then, if the name is accepted, the Santander Financing automatically renews the contract every six months, and a pair with this was created.
In short, with Santander's financing for medicine, students don't have to worry, as renewal takes place every semester, i.e. the entire academic year is renewed every semester.
Also, remember that in order to acquire Santander financing for medical expenses, you must go to a Santander branch; this will not be done at the university.
The monthly interest rate has been reduced to 1.39%, making the loan more affordable and resulting in cheaper payments.
Before this year, the same interest rate as in previous years was 1.59%, but the amount has become even more reasonable for students who need incentives to graduate and have the best medical potential in the profession.
How should I do the simulation before hiring?
O Santander Bank is an excellent alternative to student financing. In other words, you pay more for your education in half the time, which makes the payments even more affordable.
Even more so with Santander financing for medicineThis is one of the most expensive courses we offer in Brazil.
It is available to students on courses from the fourth month onwards. The student renews the money every semester, giving them the confidence to complete their course.
Simply go to the bank's website to run the simulation. You then indicate whether the course is annual or semester.
It's a simple matter of indicating the amount you want and the financing period.
How does Santander benefit the student?
Banco Santander offers various alternatives for university students, such as the XP university card.
If you wish, up to R$ 100 in monthly purchases are not subject to annual fees.
What's more, Santander doesn't charge if you register your CPF or cell phone number as a Pix key. A card with many benefits.
However, you also have an additional limit specifically for university accounts. In other words, in addition to the restriction on purchases, there is also a limit on course-related costs. The card can be applied for on the Santander website.
Santander offers many financing options for medical students. There is no financing from Sol, but you also have access to the Santander van Gogh if you like.
In addition to the benefits of being a university customer, you also enjoy additional advantages. In addition to the XP card we've just mentioned, Santander also offers the 123 card, which is more active and offers incredible incentives for your daily development.
Is Santander financing for medicine a good choice?
Depending on the university you wish to attend or aspire to attend, a low-cost loan can be very beneficial.
It's vital to remember that you'll be paying less each month, but for twice as long. Next, look at the negotiation.
Although the medical course has one of the highest tuition fees in Brazil, it's worth it. Visit the website for more information!
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