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.
|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||
|Criteria for Guarantors||
Issues to be considered:
A guarantee is not required if:
|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).