A targeted education loan in Armenia is a great opportunity to obtain a quality education at the leading universities of the country, regardless of your financial capabilities. This loan program is designed for students attending universities, colleges and other educational institutions in Armenia, including prestigious educational establishments in Yerevan.
Student Loans in Armenia
Find the most favorable student loan in Armenia. Compare offers from all banks in the country and choose the best option in 2026. As of 06.10.2026, there are 17 offers available, with amounts of up to 5 million AMD. Compare terms, loan amounts, interest rates, and fees to select the best loan for financing your education.
17 education financing options from Armenian banks
Byblos Bank ArmeniaStudent loan
Effective rate
5.11% - 8.35%
Amount
to 3 200 000֏
Term
up to 6 years
Converse BankStudent Loan
Effective rate
6.16% - 7.28%
Amount
to 4 000 000֏
Term
up to 7 years
Converse BankState
Effective rate
6.16% - 7.28%
Amount
to 4 000 000֏
Term
up to 10 years
ArmeconombankStudent loan (State program)
Effective rate
6.17% - 7.23%
Amount
to 4 000 000֏
Term
up to 10 years
ArtsakhbankStudent Loans (State Program)
Effective rate
6.2% - 7.25%
Amount
to 4 000 000֏
Term
up to 10 years
EvocabankStudent Loans
Effective rate
9% - 9.45%
Amount
to 4 000 000֏
Term
up to 10 years
UnibankStudent Loan
Effective rate
9% - 9.4%
Amount
to 4 000 000֏
Term
up to 10 years
ArdshinbankStudent Loan
Effective rate
9.37% - 9.43%
Amount
to 4 000 000֏
Term
up to 5 years
AraratbankStudent loan
Effective rate
9.38%
Amount
to 4 000 000֏
Term
up to 10 years
IDBankStudent
Effective rate
9.38%
Amount
to 4 000 000֏
Term
up to 10 years
Fast BankStudent Loans (State Program)
Effective rate
9.4%
Amount
to 4 000 000֏
Term
up to 10 years
VTB Bank (Armenia)Student loan from the Bank's resources
Effective rate
16.61% - 24%
Amount
to 5 000 000֏
Term
up to 5 years
AmeriabankStudent
Effective rate
17.19%
Amount
to 2 000 000֏
Term
up to 5 years
ArtsakhbankStudent Loans
Effective rate
17.2% - 19.13%
Amount
to 1 800 000֏
Term
up to 7 years
EvocabankEvolution
Effective rate
19.6% - 20.81%
Amount
to 1 000 000֏
Term
up to 1.5 years
Acba BankStudent loans
Effective rate
19.61% - 22.56%
Amount
to 5 000 000֏
Term
up to 5 years
ArmeconombankStudent loan from the Bank's resources
Effective rate
20.07% - 20.66%
Amount
to 1 000 000֏
Term
up to 2 years
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Accessibility for students and their families
Targeted education loans are provided on favorable terms: low interest rates, flexible repayment terms, and the possibility of deferred payments during the study period. This loan is available exclusively to students enrolled in full-time study programs.
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Government subsidy on interest rates
The government subsidizes 2% of the interest rate on loans for all students. Students with excellent academic performance can take advantage of an additional 3% subsidy, making the education loan even more accessible.
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Financing Armenian universities
With an education loan, you can pay for tuition at universities in Armenia, including the leading universities in Yerevan.
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Simple application process
Applying for an education loan in Armenia is simple: a minimal set of documents, quick processing of applications, and an individual approach. All that is needed is a contract with the university or educational institution.
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No or minimal fees
For obtaining a targeted education loan, there are no fees or they are minimal. This helps save on additional expenses and allows you to focus on the primary goal — obtaining an education.
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Loan amount:
Calculated based on the cost of tuition.
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Interest rate:
Lower than standard consumer loans.
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Repayment terms:
Up to 10 years, with the possibility of deferred payments.
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Guarantees:
May require a guarantor or collateral.
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Flexible requirements:
A loan can be obtained without a guarantor if the borrower has a stable source of income. In this case, the bank provides a loan based on the borrower's income. If the borrower does not have income, then guarantors are required. One of the guarantors must be the borrower's parent, guardian, or close relative.
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Convenient payment method:
The loan is provided exclusively in non-cash form. The loan amount is credited directly to the bank account of the educational institution.
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Deferment of principal repayment:
During the study period, borrowers only pay the interest. The principal loan amount is repaid after graduation in equal installments along with interest.
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Support program for successful students:
Loan applications are considered based on the student's academic performance, which encourages students to achieve high results.
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Investment in the future:
Higher education opens doors to a successful career both in Armenia and abroad.
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Access to the leading universities of Yerevan:
The dream of studying at the best universities in Armenia is now a reality.
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Flexible repayment conditions:
The ability to adjust the repayment schedule to suit your circumstances.
Getting an education at universities in Armenia is not only a step toward professional success but also an opportunity to contribute to the development of the country. The targeted education loan in Armenia allows every student to realize their potential and obtain a sought-after profession.