Student Grants and Loans for Studies in Sweden

The Swedish student grants and loans program (CSN) provides financial support to students studying at university college, university, vocational college, or adult education institutions in Sweden. Students over age 20 can also apply for studies at compulsory and upper secondary level at Komvux or folk high school. The program consists of two components: a grant (which does not need to be repaid) and a loan (which must be repaid with low interest rates). Students can choose to apply for only the grant if they prefer not to take a loan. The loan carries a low interest rate (1.23% in 2024) and does not require security, with repayment periods up to 25 years. Additional support is available for students with children, those with previous work income, and those with extra study-related costs. The program aims to make studies possible for Swedish citizens and eligible foreign nationals by providing financial assistance during their educational pursuits.