Study Loans
Loans for students with the government guarantee
- Favorable interest rate: 2.5% + 6 month EURIBOR.
- Opportunity to study in Latvia and abroad.
- Repayment of principal amount only after graduation.
Study loan — funds to cover tuition fees at accredited higher education establishments and colleges in Latvia and abroad.
Student loan — funds to cover daily needs of students during studies (only for full-time students).
To apply for a loan you must submit an application and receive approval at in your school. After that fill out an application in internet bank come at a branch of SEB bank.
Study Loan
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Student Loan
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Amount of Funding | Does not exceed the established tuition fee. The maximum amount of loan for the study curriculum is determined by the Ministry of Education and Science. | Does not exceed 80% of state's defined minimum wage (per month) |
Collateral on the Loan |
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Criteria for Guarantors |
Issues to be considered:
A guarantee is not required if:
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Loan Payments | Twice per year, by the transfer of the sum to the account of the higher educational institution. | Monthly (except for July and August), by the transfer of the sum to the account of the student held with SEB bank. |
More information about loan
For state guaranteed study loans | For commercial study loans |
Ministry of Education and Science www.izm.gov.lv | Swedbank |
Studies and Research Administration www.sf.gov.lv | SEB bank www.seb.lv |
SEB bank www.studentabanka.lv | |
Swedbank offers non—state guaranteed study loans which are easy and fast to set up.To calculate your monthly payment and sign up for a consultation at a time convenient for you, go to Swedbank website.
Apply for the Study loans in Info Center (3 Meza Street).