Student loans in Denmark

From Wikipedia, the free encyclopedia

This article does not cite any references or sources. (April 2007) Please help improve this article by adding citations to reliable sources. Unverifiable material may be challenged and removed.

Student grants and student loans in Denmark are administered by the Danish State Educational Grant and Loan Scheme Agency, a Danish government agency. All students above age 18 are entitled to a free grant regulated partly by the income of their parents if they are below age 20. The basic rate for students living on their own and older than 20 is 4,724 DKK (about $810) a month. If needed, the student may supplement this with a student loan of 2,418 DKK (about $415) that has to be repaid when the student has completed his or her education. Thus a student will normally receive about 56,688 DKK (about $9,735) a year in grants with an optional 29,016 DKK (about $4,985) in loans, making a total of 85,704 DKK (about $14,720). High schools and universities are free for students, requiring no tuition or similar fees.