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In 2018 the interest rates for tuition fees were low at 0.13, with the average debt equivalent to $21,000, even though students borrow only for living expenses, as Swedish universities charge no tuition fees. [4] No income tax is paid on student grants and student loans. Students must meet basic requirements to receive financial aid. [5]
The Swedish Board of Student Finance (Swedish: Centrala studiestödsnämnden, CSN), is a Swedish government agency under the Ministry of Education and Research. It is in charge of administration of all matters regarding student aid in Sweden. Its seat is located in Sundsvall and its Director-General is Christina Forsberg.
High school guidance counsellors and student affairs practitioners work together to provide information, programs, and workshops to high school students such as program prerequisites, post-secondary admission and application requirements, scholarship opportunities and application processes. [6]
Doctorate-level higher education is often also provided for free, but some universities may charge fees for PhD degrees. Students may resort to registering at private universities (called colleges, κολέγια), which charge tuition fees, or emigrate to other countries in order to get an education.
The tuition for bachelor's, master's, and doctorate studies amounts to 950 CHF each semester (domestic, Swiss, EU/EWR). International students pay 1250 CHF each semester. Exchange students from the ERASMUS program pay tuition at their home universities and incur no extra tuition fees from the University of Liechtenstein.
Sweden, until the early 21st century, provided free education to foreign students but changes have been introduced to charge fees to foreign students from outside the European community. [ 37 ] Trinidad and Tobago offers free tertiary education to its citizens up to the undergraduate level at accredited public and select private institutions.
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