Ulyanovsk State University

Ulyanovsk State University
  -
  home || | russian  
About
Offices and Departments
Academics
Admissions
Apply Online
Student Life
Information for staff
Information for students
Media Relations
Alumni society
Language courses
Research
Scientific Library
International
Collaboration
News and Events
Visitor Information
Awards and Recognitions
The Board of Trustees
Contact us




 

> News

> University partners up with Russian Agricultural Bank

University partners up with Russian Agricultural Bank
2009-02-12 11:56

The ceremonious signing of an agreement between Ulyanovsk State University and a local branch of Russian Agricultural Bank, RosselkhozBank, took place on February 3in the main conference hall of the university administrative building.

The joint initiative is part of the plan proposed by Russian president Dmitry Medvedev aiming to expand and enhance financial support for higher education students. Under the agreement, prospective and current USU students from rural areas of Ulyanovsk region will be able to obtain education loans from RosselkhozBank at favorable interest rates.

Rector Boris Kostishko pointed out that the agreement is supposed to help maintain the declining enrollment rate, partly attributed to severe job losses that the region is presently facing, the reason why a growing number of parents are unable to pay for their childrens education. Eduard Kutygin, director general of the local branch of RosselkhozBank, spoke to those assembled at the ceremony, among them directors of various USU units, about student loan terms: the loan period is up to 10years, the maximum loan amount is 350thousand rubles, the fixed interest rate, one of the lowest in the region, is 13%.

I am very glad to be able to offer this opportunity to Ulyanovsk State University students, said Mr. Kutygin. I am also a USU graduate, and its good to realize that we can help the kids from the countryside, who account for 25% of the total student body.