If you are an international student planning to study in Sweden, you are certain to receive Swedish financial aid to help you meet certain requirements during your stay in Sweden.
In order to receive financial aid for studies, as an international student, you must first meet the requirements for the basic right to Swedish financial aid.
These requirements for financial aid for studies are based on the Swedish regulations or the rank in the category as a Swedish citizen according to EU law.
You, as an international student will have a basic right to financial aid for studies according to Swedish regulations, if your meet one of the requirements. Click here to view the requirements.
Financial Aid for students in Sweden
Financial aid for studies in Sweden is given in either of the following forms:
- Study Allowance
- Apprentice Compensation
- Students Aid
Student Aid for international students in Sweden
- It is a grant for people studying at an upper secondary school, adult education college (Komvux) or folk high school.
- Study allowance is provided until the spring term of the year until you turn 20.
- Apprentice compensation is a grant for those who study a upper secondary apprentice education.
- You can receive apprentice compensation up until the spring term of the year you turn 20.
- Student aid is grants and loans which you can apply for when you are to study at a folk high school, adult education college (Komvux), vocational university, university college or university.
- You are free to decide whether you wish to apply only for the grant or whether you would also like to apply for the loan.
- Student aid you get is dependent if you study full time or part time.
- The allowance per week is 707 SEK and the loan is 1780 SEK per week if you are a full time student.
- In addition to the above, students can take an additional loan for studying abroad at 556 SEK per week.
Other than the above options, there are few other methods of obtaining financial aid for your studies in Sweden. Some of them are, public support scholarships, student loans and student jobs.
Scholarships for studying in Sweden
Scholarships is one of the prominent methods of financing studies in Sweden. The following are the main source of Swedish funding:
The Swedish Institute: It is a governmental agency, which acts a form of public funding. It provides limited number of scholarships for international students through a series of specially-designed programmes.
The Swedish Institute with specific universities: They provide funding which is awarded on a competitive basis.
Also, Sweden provides other sources of funding which are less predominant, private sources, via foundations, and fund raising organisations.
These private sources often provide substantial funding, through grants, and are geared towards financing the research of international students.
Swedish Universities: Universities in Sweden also offer a significant source of scholarships, in the form of tuition waivers for students.
The amount and frequency of such scholarships depends on each university, the Swedish Institute being the main contributor.
Approximately 120 scholarships are provided yearly, most of which cover both living costs and tuition fees.
The Erasmus Mundus Scholarship is available to students attending universities in Sweden. This particular scholarship lightens the burdens of living costs, tuition fees, insurance and also travelling for those who receive the Erasmus Mundus Scholarship.
Click here to read more about Scholarships in Sweden
- Loans is another option for students to assist in funding their studies in Sweden.
- A Swedish student will receive 9024 kr per month for a period of 10 months.
- This loan does not affect the taxes of the recipient's parents or family allowances. For students over the age of 25, supplementary loans are available.
- Loans cover housing, travel, school gear, textbooks, university fees and all other costs related to studies in Sweden.
- Students in Sweden may also opt to work in Sweden during studies.
- To work here, a student needs a personal identity number, howbeit, a coordination number is also accepted. This can obtained by international students at the Swedish Tax Agency.
- Upon request, universities aid their students in finding employment in the region.