Education loan

An education loan is intended to cover education and study-related expenses in Estonia and abroad. This includes tuition fees, living expenses, the purchase of study equipment and everything else you need to concentrate on your studies. The loan can also be used to finance short-term training.

  • easy online application process
  • loan amount up to 10 000 €
  • period up to 3 years
  • reasonable interest rate fixed for the whole loan period
  • no collateral required
  • immediate loan payout


1800 €
500 € 10000 €
36 months
3 months 36 months

Monthly payment

65,99 €

The calculation is approximate. Loan conditions may vary depending on personal creditworthiness. A personalised offer will be sent after the loan application has been submitted.

Advantages of the MONEYZEN education loan

Compared to student loans with state guarantee:

  • maximum amount up to 10 000 €
  • also suitable for financing short-term studies or training
  • can also be applied for during academic leave


The interest rate of the MONEYZEN education loan is determined by an automatic low bidding process among investors and can be therefore more favourable than similar offers from competitors.

We offer unsecured education loan of up to 10 000 € for up to 3 years.


Borrowing 1 000 € for 2 years at a fixed annual interest rate of 21,52% and a monthly payment of 54,64 €, the annual percentage rate is 36,91%. The total amount to be repaid over the entire duration of the loan is 1 350,38 €, of which 239,38 € is interest payments, 72 € loan management fee, 30 € contract fee and 9 € ZenFund payment. The contract fee and the ZenFund payment are payable immediately after the disbursement of the loan. The conditions offered to you depend on your individual situation, with a maximum annual percentage rate of 45,93%. Be sure to read the loan guide and the general conditions and, if necessary, ask an expert for advice.

Who can apply?

MONEYZEN allows Estonian residents aged 18-73 years old to take out a loan if they have at least 450 € of official monthly income in their bank account.

We offer easy and fast unsecured loans from 500 € to 10 000 € with repayment periods from 3 months to 3 years.

In case you need help to repay a high interest SMS loan or a quick loan, apply for a consumer loan on the MONEYZEN platform. Based on the loan application submitted, MONEYZEN will tailor a personalised loan offer just for you, based on the investors’ offers.

Suggestions before applying for a loan

Compared to quick loan, the consumer loan is usually characterised by a longer period and thorough application process.

Unlike state-guaranteed student loans, educational loan is also available to part-time students or students on academic leave and to finance short-term training.

Consumer loan is a financial obligation that must be repaid. Consider the loan terms carefully. As a result of loan repayment default your loan debt might increase due to reminder fees and other costs associated with the debt collection process.