Training Loan in Hungary

Similar to higher education and vocational training, under the conditions set forth in Act LXXVII of 2013 on adult education[1], training loans can also be applied for adult education. Since December 20, 2021, adults participating in training can apply for a training loan in the form of a loan with a specified purpose for a maximum amount of 500,000 Forints, provided that the training institution has entered into a cooperation agreement with the Student Loan Center. Training Loan can only be provided for vocational training aimed at preparing for a partial profession, as well as for vocational training aimed at obtaining a qualification, by providing the name of the training institution with which the cooperation agreement has been concluded, in addition to selecting the code and name of the training.

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