What happens to the student loan when you start a new education programme?
This means that you will need to continue making repayments against your loan if you are studying part-time, i.e. if you are studying less than 30 credits or equivalent per semester. You must also continue making repayments if you are studying without receiving support from us.
You can receive support for 480 credits in total
This rule applies even if you have repaid previous loans. If you have received support from public schemes in other countries, this period will also count towards how long you can receive support for.
Upper secondary education or primary and lower secondary education that has been completed with statutory rights as a young person does not count towards the studies you can receive support for. In other words, you may receive support to take 480 credits in addition to the years in which you attended upper secondary education. 480 credits is the equivalent of eight years of full-time studies.
Note that this is a change in the rules that applies from 2021–2022. It does not apply retrospectively. This means that if you have received support for part-time education prior to 2021-2022, those periods will be counted in the same way as if you received support for full-time studies.
If you have been academically delayed because of illness, childbirth or reduced functional ability, you can receive support for more than eight years.
You may be eligible for an interest exemption if you are studying part-time or without support
If you are studying without support from Lånekassen or if you receive support for part-time education, your existing loan will not be interest-free during your studies. However, you may be entitled to an interest exemption on your loan for the period during which you are studying. If you are studying part-time, there is also a requirement for your income to fall below the limit for interest exemption.
There is no income limit if you are studying full-time without support from us.
Nevertheless, it is a condition that you must be entitled to support from Lånekassen in order to be entitled to an interest exemption due to education. Being entitled to support means that you would have received support if you had applied for it.