This is what happens when you have finished studying
Around five months after your last period of support from Lånekassen, you will receive a repayment plan with information about your repayments. Around two months after that you will receive your first invoice.
Have you only applied for a loan that can be converted to a grant?
When you apply for “only loan that can be converted to a grant” for an education programme other than upper secondary education, you will receive a loan that can subsequently be converted to a grant. If your loan has not yet been converted to a grant and you stop receiving support from us, this loan will be included in the debt when we issue your repayment plan. Conversion of loans to grants does not take place until the year after you completed your education, as we must wait for information about your annual income from the Norwegian Tax Administration.
While you are waiting for your loan to be converted to a grant, you can apply for repayment deferral until the conversion takes place. We will erase the interest accrued on the amount that is converted to a grant and will adjust your repayment plan.
Unable to make loan repayments at the moment?
If you are unable to make loan repayments, you can apply for repayment deferral. Everyone can defer payments up to 36 times, corresponding to three years, during the repayment term.
If you are still in education, you may also be entitled to an interest exemption on your loan. This also applies if you find yourself in another situation that entitles you to an interest exemption, for example if you are unemployed or sick.