Eurobank launches Morfosi student loan program

Eurobank has introduced the Morfosi student loan, a financial product designed to cover educational and living expenses for students in Cyprus and abroad. The loan supports various academic levels, including undergraduate and postgraduate studies, private schooling, and specialized professional training. Borrowers can use the funds to pay for tuition fees, rent, food, and daily transportation costs. The program offers the flexibility to choose between fixed or floating interest rates based on customer preference. Clients may apply for the loan with or without collateral depending on their individual financial situation. Repayment terms are structured to be flexible, with a maximum duration of up to 10 years for loans granted without collateral. This initiative aims to assist students in managing their educational investment by providing tailored financing options.