How to Obtain Student Loans in Denmark as an International Student

Denmark a member of the Nordic countries ( Finland, Iceland and Norway are other members of nordic countries) is a study destination for international students who want to stay in Europe without having to live in the U.K. In recent times people who have found it difficult to study in other European countries due to the high cost of tuition go to Denmark due to cheaper tuition. In fact, the standard of living is low with rent and daily expenses being affordable for most international students.

Read Also: Study in Denmark; Tuition Fees and Living Cost

When Is A Student Loan Necessary?

The truth is that studying abroad can be overwhelming at times even when you think you have figured out your financial needs and planned your budgets. There might be unforeseen circumstances that would require you to spend more than you initially planned to, in times like this you might require a type of aid to ease your burden and this is where student loans come in.


How Does Student Loan Work In Denmark?

Student loans with low-interest rates are available for international students, more information can be gotten from the international student’s office. There are also many scholarships one can apply to aid their financial conditions while studying although some grants have specific requirements.

The Ministry of Science, Innovation and Higher Education in Denmark also provides student loans to students living in Denmark. Getting these loans as an international student might be harder when compared to EU citizens, there is no harm trying out and if unsuccessful there are lots of private institutions willing to lend international students loans for their studies.

What Would I Need To Obtain A Loan?

Depending on which university or bank which you have decided to seek information from, there are a few requirements that may be required provide before you can access such loans they include;

  • Passport
  • Student I.D
  • Statement of accounts
  • Admission letter

Is there a Minimum Amount?

The minimum amount is determined by the bank, I would suggest that you visit about 2-3 banks to compare the minimum amount. Most banks determine their repayment plan and interest rates independently however, some banks might require you to start paying a few months after graduation.


Asides Undergraduate courses, most postgraduate courses are funded either by the university or via grants from private organisations with only a few students being self-funded. I would suggest that you discuss various funding opportunities with your supervisor or university before leaving your home country.


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