When you study, it can cost some. First of all, you need to be able to afford your tuition, your rent, food costs and other everyday expenses for you to also live. Today, most people apply for a student loan from Lender, but there are other types of temporary loans today.
When you study it is important and smart to set up a good financial budget
Noodles can be tiring all the time, so there may also be different ways you can get money when you shop. A credit card with points can be such a thing and so you can take advantage of similar cards when you are a student and when you need to make purchases that are necessary. You can apply for a credit card even if you also have a loan alongside.
When studying, it is also worth choosing a loan that is worth to one, especially if it is a longer period that you are going to study and even if it is full time. If you study full-time, there is thus very little time to actually work extra or get cash aside and it is precisely in these situations that a student loan is so good to have the opportunity to apply. Before you decide to find a good student loan for you, it is first worth considering what needs you have.
This can be about how much you will study and for how long
If you have an extra job aside, you may not need to apply for such a high amount each month, but if you are working full time, it should be smart to have the assurance that the money is there.
Comparing the various student loans is thus a smart thing to do, so that you actually find the very best student loan for you and your situation. Now you don’t have to live on noodles anymore!
The most common student loans are from Lender
If you are going to take out a loan as a student, it is usually Lender that most people turn to. Those attending a level education after high school can receive study funding of up to 240 weeks. When you apply for a student loan from Lender you can borrow up to SEK 10172 each month and it almost looks like a regular salary, since you get the payment every month on the 25th. You can decide for yourself what amount you want to borrow per month and it all depends on how much you study and for how long. You can also usually choose to receive only Lender grants. It all depends on your situation.
To get a loan approved by Lender, you as a student need to follow certain requirements. First and foremost, the education you are applying for or studying needs to be eligible for a specific student loan and this will be on the education in which you are included. You also need to be already registered in the program you want or the course you want to take. If you have studied before, you will need to have passed 75% of your previous education. You also need to attend an education that is at least 50% for at least 3 weeks.
Other types of student loans
Today, there are also other types of student loans. If you are looking for a loan with no UC response directly in Sweden, you can apply to companies that offer loans that use other credit reporting companies. Thus, taking loans as a student has more opportunities today compared to before when Lender was mostly in control of the market. It may be that you are looking for a different kind of loan to students if it is that you cannot follow the requirements that Lender has or if you just want to look at some other type of loan.
It may also be that the education or course that you want to study does not allow grants or study funding from Lender and then you can then apply for these types of loans. For example, there may be credit cards that are designed for students, lenders or other loans that only students can apply for.
In some cases you can also apply for a regular credit card, micro loan and private loan – however, these usually do not work as well for you as a student and it is therefore better to turn to the loans that actually offer you as student benefits. So today there are a number of different types of student loans so it is worth comparing them all to each other, so you will find the best student loan for you.
Compare different student loans with each other
When you are looking for a good instant loan for you, it may be worth comparing the different loans with each other as there are so many different types and loan intermediaries out there.
It is nevertheless important that you find a low student loan interest rate so that you do not have to pay too much for the loan itself, but can instead focus on the borrowed money. Unfortunately, there will always be an interest rate, but the best thing is simply to keep an eye out for those student loans that have the lowest interest rate possible.
Summary with regard to student loans
Studying doesn’t have to be as tough as it may feel. If you set up a good budget and make sure you spend your money, grants and loans properly, it can be a good end. If you feel that the loan is not enough, there are also a number of other ways that you can get some money together in addition to your studies. You can always make sure that you try to sell old things in your home, sell services or create your own things that you then sell and that way you can get extra money every month in addition to the loan. There are also many who have an extra job alongside the studies.