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Student financial aid in Sweden consists of grants and loans administered by the Swedish National Board of Student Aid, a Swedish government agency. [1] Students living with their parents often only take the student grant , while other students tend to take both the student grant and the student loan .
If needed, the student may supplement the grant with a student loan of 2,897 DKK (about US$491) that has to be repaid when the student has completed his or her education. Thus a student will normally receive about 67,944 DKK (about US$11,514) a year in grants with an optional 34,764 DKK (about US$5,891) in loans, making a total of 102,708 DKK ...
Because these loans are not need-based, the U.S. government does not pay the interest for the student while enrolled in school; they are often referred to as unsubsidized loans. The Unsubsidized Stafford Loan and Grad PLUS loans are non-need-based loans available for both undergraduate and graduate students who do not qualify for need-based ...
For low-income families, BAföG loans take over when these obligations cannot reasonably be met by parents. For every own child below the age of 10, living in the student's household, an additional 130.00 € can be requested. This can be reduced gradually if student or parent income or student assets exceed certain amounts. Thus, the amount ...
The average loan after graduation (higher education) in Norway was ca. NOK 280,000 in 2016. [2] In the academic year 2015 - 2016, NOK 3.7 billion in grants and NOK 22.7 billion in loans were allocated to students and pupils. Approximately NOK 6 billion of the loan funds are expected to be converted to grants. [2]
The Student Loans Company (SLC) is an executive non-departmental public body company in the United Kingdom that provides student loans. It is owned by the UK Government's Department for Education (85%), the Scottish Government (5%), the Welsh Government (5%) and the Northern Ireland Executive (5%). [2] The SLC is funded entirely by the UK taxpayer.