Astana International University Hosts Financial Literacy Workshop: “Smart vs. Risky Loans: How to Avoid the Financial Trap”

On March 30, 2026, Astana International University (AIU) held an insightful workshop titled “Smart vs. Risky Loans: How to Avoid the Financial Trap.” Organized by the faculty of the Higher School of Economics, the event drew the attention of approximately 900 students eager to enhance their financial literacy.

The workshop was part of the university’s ongoing initiatives to promote financial education among students and supports the UN Sustainable Development Goals: SDG 1 (No Poverty) and SDG 8 (Decent Work and Economic Growth). The university is actively committed to preparing specialists who can navigate the economic landscape and build a sustainable future.

During the event, faculty experts provided an in-depth look at key aspects of borrowing, explaining that credit is a powerful financial tool that can either enhance well-being or lead to serious financial hardship. Critical discussions focused on the fundamental differences between “smart” (productive) loans and “risky” (unproductive) consumer debt.

Special emphasis was placed on responsible borrowing strategies, including defining the purpose of a loan, calculating its total cost (including interest, fees, and penalties), assessing one’s repayment capacity, and budget planning. Students were provided with practical steps on how to choose the right credit options.

To wrap up the workshop, an interactive blitz-quiz was held, allowing students to reinforce their knowledge and test their ability to distinguish between beneficial and harmful loans in various real-life scenarios. Participants were highly engaged, asking questions and demonstrating a strong interest in the topic.

The event marked a significant step in fostering responsible financial behavior among the younger generation, highlighting the importance of a thoughtful approach to credit for ensuring long-term financial stability and prosperity.