Kazakh government increases possibility of receiving privileged educational credit

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The Kazakh government increased the possibility of receiving privileged educational credit, Kazakh Prime Minister Karim Masimov said.

“We decided to increase possibilities of receiving educational credits. Now advanced students and Masters Degree students can use these credits without limit to their specialization,” Masimov said.

Masimov noticed that the term of credit payment will be increased from 15 to 17 years and the period of privilege will be increased from 6 month to one year.

In case of the absence of pawning, the guarantee of “Financial Center” company will serve as pawning. Masimov said that this year the governmental educational order is increased by 3.2 billion tenge for advanced students who pay for education.

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