do you know someone with student loans? Heres how they do it in Denmark: Tuition and financial aid system Almost all educational institutes in Denmark are free. This tuition-less system applies to all students: who have been born in Denmark (including the Faroe Islands and Greenland); who hold a permanent resident visa; who hold a humanitarian visa; from countries in the Nordic Council; from countries in the European Economic Area or European Union. Not only is there no tuition charged to the students, all Danish citizens (and many others meeting certain criteria) are offered monthly financial aid, called SU (Statens Uddannelsesstøtte which translates to The States Educational Support), which totals about DKK 2,728 monthly if the student lives with his/her parents or guardians, and about DKK 5,486 monthly if the student lives away from his/her parents or guardians.[8] Students can supplement the SU with low-interest government loans amounting to DKK 2,807 per month, which must be paid back upon the completion of their education.[9]
Posted on: Mon, 19 May 2014 02:07:08 +0000
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