To expand access to education in colleges and universities of the Republic of Kazakhstan, applicants and students can obtain collateral-free student loans with a deferred repayment of the principal amount for up to 10 years.
🔒 Loan Guarantee
The loans are secured by a guarantee from the Financial Center under the Ministry of Education and Science of the Republic of Kazakhstan.
⭐ Key Benefits
⏳ Grace period (deferment) — repayment of the principal starts after the end of studies and 6 months after graduation.
📆 Long loan term — up to 10 years, with the option of early repayment without penalties.
🌍 Available throughout Kazakhstan.
💰 No limits on the loan amount (up to the cost of tuition).
🏫 No restrictions on the choice of educational institution.
🏦 Participating Banks
📝 Application Process
The student loan application process includes the following steps:
1️⃣ The applicant or student applies to Nurbank, Tengri Bank, ForteBank, or the Financial Center for consultation, collects the required documents, and submits them to a bank in their region or at the place of study;
2️⃣ After a positive decision by the bank and the Financial Center, a loan agreement is signed, and the loan amount is transferred directly to the educational institution’s account.
👥 Requirements
To obtain a student loan, one or two co-borrowers are required who:
ℹ️ Additional Information
📍 Astana, Mangilik El Avenue, 18
The State Educational Savings System (SESS) allows every citizen of the Republic of Kazakhstan to open an “AQYL” educational deposit in their own name or in the name of their child. This deposit can be used to pay for education at colleges and universities in Kazakhstan and abroad.
The system operator is JSC “Financial Center.”
💰 Educational Deposit Yield
Under SESS, the participating bank accrues bank interest of 10% per annum, while the state annually adds a state premium starting from 5%.
📊 Yield formula:
⭐ Key Features of the Educational Savings Deposit
⏳ The state premium is accrued annually for up to 20 years
(approximately KZT 2.6 billion has been paid since the launch of SESS; KZT 1,068 million was paid in February 2020).
💳 The minimum initial contribution is 3 MCI (KZT 7,953 in 2020); further top-ups are not limited in time or amount.
🌍 Education can be paid for in Kazakhstan and abroad, with no restrictions on the choice of colleges or universities.
🏦 If the accumulated funds are insufficient, it is possible to apply for an educational loan.
🔐 Security and Protection of Deposits
💸 The state premium is not subject to taxation.
🛡 Educational deposits are state-insured up to KZT 10 million.
⚖️ The law guarantees the absence of any encumbrances or claims by third parties.
🔄 It is possible to transfer the deposit to another participating bank once a year.
📜 The terms for opening an educational deposit are regulated by the Law of the Republic of Kazakhstan
“On the State Educational Savings System” (2013).
🏦 Participating Banks
📝 Steps to Open a Deposit
1️⃣ Contact one of the SESS participating banks in your city.
2️⃣ Make an initial contribution of at least 3 MCI.
3️⃣ Top up the deposit according to your financial possibilities:
— through a bank branch;
— via mobile banking applications;
— through the Kazpost website.
ℹ️ Additional Information
📍 Astana, Mangilik El Avenue, 18
