Student loans in Denmark
Encyclopedia
Student loans in Denmark
are administered by the “Danish State Educational Grant and Loan Scheme Agency”, a Danish government agency.
These universal grants
, are called SU (Statens Uddannelsesstøtte). State Educational Support. There are two different kinds.
There are grants for students attending secondary
and tertiary school
.
or other another kind of Higher education
they are entitled to SU for a maximum of six years. As all university education, with the exception of medicine
takes five years in Denmark
it allowed the student to take one year more on their studies than nominated, or to change their major
during their first year without economic consequences.
The governmentally granted SU loans have to be repaid once a student has graduated. However, any part of the loan that has not been repaid after 15 years does not have to be repaid.
ranging from primary school, the Danish equivalent of High School Gymnasiums
as well as Universities and all other officially recognised forms of Higher education
are completely free of charge.
or similar) are not really considered students, and thus they don't receive a student grant. However, most Ph.D. candidates are employed by universities as researchers, and thus receive a fixed salary. The annual salary may be around 318,000 DKK (about USD 54,200).
Denmark
Denmark is a Scandinavian country in Northern Europe. The countries of Denmark and Greenland, as well as the Faroe Islands, constitute the Kingdom of Denmark . It is the southernmost of the Nordic countries, southwest of Sweden and south of Norway, and bordered to the south by Germany. Denmark...
are administered by the “Danish State Educational Grant and Loan Scheme Agency”, a Danish government agency.
These universal grants
Grant (money)
Grants are funds disbursed by one party , often a Government Department, Corporation, Foundation or Trust, to a recipient, often a nonprofit entity, educational institution, business or an individual. In order to receive a grant, some form of "Grant Writing" often referred to as either a proposal...
, are called SU (Statens Uddannelsesstøtte). State Educational Support. There are two different kinds.
There are grants for students attending secondary
Gymnasium (school)
A gymnasium is a type of school providing secondary education in some parts of Europe, comparable to English grammar schools or sixth form colleges and U.S. college preparatory high schools. The word γυμνάσιον was used in Ancient Greece, meaning a locality for both physical and intellectual...
and tertiary school
Tertiary education
Tertiary education, also referred to as third stage, third level, and post-secondary education, is the educational level following the completion of a school providing a secondary education, such as a high school, secondary school, university-preparatory school...
.
Secondary school grants
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 5,174 DKK (about $1,020) a month.University grants
When a student starts at a universityUniversity
A university is an institution of higher education and research, which grants academic degrees in a variety of subjects. A university is an organisation that provides both undergraduate education and postgraduate education...
or other another kind of Higher education
Higher education
Higher, post-secondary, tertiary, or third level education refers to the stage of learning that occurs at universities, academies, colleges, seminaries, and institutes of technology...
they are entitled to SU for a maximum of six years. As all university education, with the exception of medicine
Medicine
Medicine is the science and art of healing. It encompasses a variety of health care practices evolved to maintain and restore health by the prevention and treatment of illness....
takes five years in Denmark
Denmark
Denmark is a Scandinavian country in Northern Europe. The countries of Denmark and Greenland, as well as the Faroe Islands, constitute the Kingdom of Denmark . It is the southernmost of the Nordic countries, southwest of Sweden and south of Norway, and bordered to the south by Germany. Denmark...
it allowed the student to take one year more on their studies than nominated, or to change their major
Academic major
In the United States and Canada, an academic major or major concentration is the academic discipline to which an undergraduate student formally commits....
during their first year without economic consequences.
Disability grants
At any higher education students with a permanent disability, such as muscular dystrophy, blindness, deafness or autism, can apply for an additional grant of 7.656 DKK (about US$1,322) a month, if they been professionally diagnosed.Student loans
If needed, the student may supplement this with a student loan of 2,649 DKK (about US$522) that has to be repaid when the student has completed his or her education. Thus a student will normally receive about 61,124 DKK (about US$12,240) a year in grants with an optional 31,788 DKK (about US$6,264) in loans, making a total of 92,923 DKK (about US$18,314).The governmentally granted SU loans have to be repaid once a student has graduated. However, any part of the loan that has not been repaid after 15 years does not have to be repaid.
Tuition
All education in DenmarkDenmark
Denmark is a Scandinavian country in Northern Europe. The countries of Denmark and Greenland, as well as the Faroe Islands, constitute the Kingdom of Denmark . It is the southernmost of the Nordic countries, southwest of Sweden and south of Norway, and bordered to the south by Germany. Denmark...
ranging from primary school, the Danish equivalent of High School Gymnasiums
Gymnasium (school)
A gymnasium is a type of school providing secondary education in some parts of Europe, comparable to English grammar schools or sixth form colleges and U.S. college preparatory high schools. The word γυμνάσιον was used in Ancient Greece, meaning a locality for both physical and intellectual...
as well as Universities and all other officially recognised forms of Higher education
Higher education
Higher, post-secondary, tertiary, or third level education refers to the stage of learning that occurs at universities, academies, colleges, seminaries, and institutes of technology...
are completely free of charge.
Post-tertiary education
Students at doctoral level (Ph.D.Ph.D.
A Ph.D. is a Doctor of Philosophy, an academic degree.Ph.D. may also refer to:* Ph.D. , a 1980s British group*Piled Higher and Deeper, a web comic strip*PhD: Phantasy Degree, a Korean comic series* PhD Docbook renderer, an XML renderer...
or similar) are not really considered students, and thus they don't receive a student grant. However, most Ph.D. candidates are employed by universities as researchers, and thus receive a fixed salary. The annual salary may be around 318,000 DKK (about USD 54,200).