ADA students are eligible to finance their education through loans. Only Azerbaijani citizens who have reached 18 years of age can apply for a student loan. The loan covers full Cost of Attendance and Cost of Living.

Current market lending rates in Azerbaijan reach as high as 25%. Bank loans offered to ADA students are most favorable. These loans are subsidized. The loan terms apply both to graduate and undergraduate studies.

Subsidized Loan for Cost of Attendance

• Students may borrow total cost of tuition, fees and books per academic year
• Students pay only interest while in school
• Interest rate is fixed at 5.00% for the life of the loan
• Interest accrues from the time of disbursement
• Loan is disbursed directly to ADA at the beginning of each semester for that semester only
• Repayment is ten years
• Repayment begins three months after graduation, or when students withdraw or drop less than half-time status
• Repayment is deferred during the period of legal maternity leave or military service
• Students are charged no loan fees

Subsidized Loan for Cost of Living

• Students may borrow total or partial cost of living approved by the school per academic year
• Students pay only interest while in school
• Interest rate is fixed at 12.00% for the life of the loan
• Interest accrues from the time of disbursement
• Loan is disbursed directly to students at the beginning of each semester for that semester only
• Repayment is ten years
• Repayment begins three months after graduation, or when students withdraw or drop less than half-time status
• Repayment is deferred during the period of legal maternity leave or military service
• Students are charged no loan fees

How to Apply for Subsidized ADA Student Loans

The education loan for Azerbaijani citizens studying at ADA is currently offered by 3 commercial banks:
- Bank Respublika
- UniBank
- Bank of Baku

Please contact The Office of Admissions, Financial Aid and Scholarships for further information about obtaining the loan and contact details for representatives of each bank processing these loans.