Starting from A.Y. 2024/25, in addition to scholarships, ISEE income benefits and collaboration grants, SPD students who plan to attend Level I and II academic courses can take advantage of an additional opportunity: the Intesa Sanpaolo “per Merito” student loan.
SPD students can in fact count on financial support designed by Intesa Sanpaolo to enable them to expand their skills. “Per Merito” is a loan that any student resident in Italy can obtain on the sole condition of being in good standing with their chosen course of study and requires no collateral. The loan will be disbursed from June of the first year, following the achievement of at least 20 educational credits.
“Per Merito” allows students to meet tuition fees, purchase of educational materials, housing expenses and anything else they need to have peace of mind about their studies. And students are under no obligation to account for these expenses.
At the end of studies, a 24-month “bridge period” is activated, during which the student will not receive any more disbursements, but will not yet have to repay anything. Repayment takes place over a maximum period of 30 years; in case of early repayment there are no additional costs. The rate is fixed and defined at the time of underwriting.
All interest is remitted by Intesa Sanpaolo to Fund for Impact, the fund created for groups with difficulties in accessing credit and education. For contract terms and conditions consult the Information Sheets available in Branches and on the bank’s website. The granting of loans is subject to the bank’s approval.
NOTE:
Students wishing to apply for the Merit Loan must possess residency in Italy. Once the bank confirms the release of the loan, disbursements are made in semester-long tranches and not concurrently with SPD’s scheduled deadlines.
SPD has no other arrangements with the bank other than those outlined in the Loan for Merit release guide.