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Bank of Beirut and AUST Sign MOU and Launch a Unique Educational Loan

09/08/2016
Bank of Beirut and AUST Sign MOU and Launch a Unique Educational Loan


Driven by its commitment to education and young generations, Bank of Beirut launched in collaboration with the American University of Science & Technology the “AUST U LOAN”, a special education loan exclusively tailored for AUST students and allowing them to pursue their higher education journey while benefiting from a unique flexible financial plan.

Through the “AUST U Loan”, AUST students get to pay their tuition over a period of up to seven years. They settle 50% of the fees with no interest payment during the years of study and the remaining 50% after graduation, while benefiting from a six-month grace period.

Mr. Georges Aouad, Head of the Retail and Branch Division and Mrs. Hiyam Sakr, AUST President along with Riyad Sakr – AUST Vice President signed the MOU on August 9, 2016 at the AUST premises in the presence of representatives from both institutions.

Through this MOU, Bank of Beirut builds further on its Affinity partnership with major Lebanese Universities and confirms its commitment towards Lebanese youth.  

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