Student finance for students studying in SwedenThe Swedish system of student finance is designed so that higher education is accessible to all those who can benefit from it regardless of socio-economic background and where in Sweden a student lives. As tuition at higher education institutions in Sweden is free-of-charge for Swedish students and for students from the European Union (EU), the European Economic Area (EEA) and Switzerland, student finance is intended to cover living expenses and the cost of study material.
Everyone below the age of fifty-four has the right to apply for student finance for a maximum of 240 weeks. Student finance comprises a grant and a loan. The student loan must be repaid on a monthly basis before the loan recipient reaches the age of sixty. The size of the monthly payment is determined by the size of the debt and the interest rate. The amount is also adjusted to the recipient's income and ability to pay.
Student finance for students studying in other countriesSwedish students have the right to apply for student finance if they wish to complete part or the whole of their studies in another country. In order for student finance to be granted, the higher education institution overseas must be recognised by Högskoleverket (Swedish National Agency for Higher Education).
The amount of the student loan may vary according to the study destination. However, the repayment terms are the same as for studying in Sweden. Additional finance is available for tuition fees, insurance and travel expenses.
Centrala studiestödsnämnden (Swedish National Board for Student Aid) The Swedish National Board for Student Aid is responsible for administering student finance.
The Swedish National Board for Student Aid (new window) »