Student Loans
Do you want to acquire new skills and qualifications, but you don’t have enough funds? No worries, Evocabank will pay for you, just realize your dreams!

Loan purpose |
The loan is granted for paying tuition fees |
Who can apply |
Payment of tuition fees for bachelors (continuous and integrated curriculum), Master’s students studying on paid bases in state and non-state universities with accredited educational programs , and for students studying with clinical ordinatura educational courses |
Loan currency |
AMD |
Loan amount |
Maximum AMD 4,000,000 throughout the study, with maximum 5 splits (1 split for each academic year), and the amount of each split cannot exceed AMD 800,000 or tuition fee of one academic year. |
Loan repayment method and term |
Monthly annuity payments, and only interest is paid during the study (maximum 5 years). After the completion of the study equal repayments of loan principal amount and interest are made with a term of not more than 10 years. |
Annual nominal interest rate |
9% annual · Subsidy of 2% · 0% - for students who have 80% and higher Average Quality Grade |
Loan provision methods |
The loan is granted only in non-cash method, by transferring the loan amount the bank account number of the respective educational institution. The transfer is done on the basis of an invoice (containing the requisites as defined by RA legislation) provided by the educational institution and presented to the Bank by the Customer. |
Early loan repayment penalty |
No early payment fee is applicable |
Penalty for loan principal and/or interest overdue |
For overdue principal - 0,015 % daily, |
Loan repayment security measure |
· Guarantee of student’s parent(s), guardian(s) or other persons |
Fee |
Not applicable |
Deadlines for approving or rejecting loan provision |
· The decision to approve or reject the loan is made within 3 (three) working days maximum, after fully providing all the initial documents requested by the Bank. |


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