Lånekassen Loans and Grants for Exchange Programmes 2024-2025February 4, 2024 by DigitalVaults Scholarship Board
- Deadline: March 15, 2024
Scholarship Overview
- Country: Norway
- Scholarship Type: Merit-based
- Institutions: Norwegian Educational Institutions to Foreign Institutions
- Funded by: Lånekassen
- Tuition Type: Tuition Loans and Grants
- Degree Program: All Degrees
- Scholarship Amount: Depends on the programme
- Separate Application Required?: Yes
- Deadline: 15 March, 2024 and 15 November, 2024.
Scholarship Benefits
- Within your application, you have the option to request basic support, travel assistance, and supplementary loans to cover tuition costs. You may opt to apply exclusively for grants, in which case you would receive solely the grant component of the tuition and travel support, along with the portion of the basic support eligible for conversion into a grant.
- The application further extends to specialized aid that is reserved for particular groups. Such aid encompasses child grants, extra loans, language learning grants, and grants for refugees.
Please note that applications for parental grants and additional grants for disabilities are processed separately.
Eligibility
You must have a study place before applying. This applies to individuals who are participating in an exchange program located outside of the Nordic region.
To qualify for financial support for an exchange program overseas, the duration of your stay must be a minimum of four weeks. Additionally, the exchange must be recognized as a component of the higher education program—either at a university or university college—that you are currently enrolled in, whether it’s situated in Norway or another country. For detailed information on the application process for pre-approval of your exchange period abroad, you should contact your educational institution.
How to apply
Submit your application promptly upon receiving admission for the 2023–2024 academic year here.
Additional Information
Every student is eligible to receive what is commonly referred to as a student loan, officially known as basic support. It is important to note that basic support is initially provided as a loan, not a grant. However, up to 40 percent of the loan can be converted into a grant under certain conditions. These conditions include living independently from your parents, successfully completing your education program and earning your degree, and having income and assets that fall below designated thresholds.
Up to 40 percent of the basic support can be transformed into a grant upon successful completion of your studies and graduation with a degree.
Official Websites