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For higher education, such as universities, colleges or vocational colleges, a combination and loans and grants is common. Loans are money that you have to repay with interest at a later date. Part of a student loan can be converted into a grant. Up to 40% of loans received for higher education loans can be converted into grants.

Norwegian student loan fund

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A grant is money that is given to you, while a loan must be repaid. Lånekassen is a public administrative body, under the Norwegian Ministry of Education and Research. Lånekassen is managed by a Board appointed by the Norwegian Ministry of Education and Research. The Board consists of eight permanent members, two of which are pupil and student representatives and two of which are employee representatives. The main rule for receiving support from the Norwegian State Educational Loan Fund (Lånekassen) is that you must be a Norwegian citizen and that you have been admitted to an approved educational programme/course.

Read more about grants and loans and financial support for foreign students. If you have any questions, contact Norwegian State Educational Loan Fund (Lånekassen).

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provide funding and Erasmus loans for EEA students studying abroad  27 Mar 2020 Due to the Covid-19 virus, international students in Norway face for scholarships and loans with the loan fund (Lånekassen) until April 15. 21 Apr 2020 unemployment benefits nor have the right to support through the State Educational Loan Fund. This issue has recently been raised by among  13 Dec 2016 to 100 % funding from the Norwegian State Educational Loan Fund. Norwegian students will now get state funding of approximately € 91  20 Nov 2015 This report presents Norwegian findings from the student survey mainly through support from the Norwegian State Educational Loan Fund.

Norwegian student loan fund

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Financial support is the total sum of both grants and loans. A grant is money you are given, and a loan is money you must pay back.

Many Norwegian  143 000 students in Norway receive support from the State Edu cational Loan fund.
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Norwegian student loan fund

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student loans. I light of a more digitized Norway it is reasonable to  The Norwegian State Educational Loan Fund; The Norwegian State Educational Loan Fund ( Statens Lånekasse) is responsible for managing the financial  All of our studies are approved for loans and grants from the Norwegian State Educational Loan Fund (Lånekassen). Payments.

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Loan amounts. Private student loans typically cover up to 100% of your school-certified costs — usually more than just your tuition and fees. However, many have a minimum of around $5,000.