Income and assets - higher and other education

Sist oppdatert: 20.03.2017
Your income and assets determine how much of your loan can be converted to a grant. If your income/assets are higher than the thresholds, your grant will be smaller.

We use tax assessment information we receive from the Tax Administration for each calendar year you have received support.

Your income and assets will be checked once we receive the tax assessment from the Tax Administration.

The figures we use are:

  • all taxable earned income (including holiday pay)
  • all taxable social security and pension benefits
  • all investment income (Investment income is interest from bank deposits and outstanding receivables, share dividends, taxable gains from sales of shares and unit trusts, rent income, gains from the sale of housing, plots of land and other real estate, etc. This list is not exhaustive.)
  • net assets

Your personal and investment income is the sum of all of your income before deductions. Interest from home savings schemes for young people (BSU) is not counted as investment income. Your net assets are the sum of the value of what you own less your total debt (e.g. the value of your home and bank deposits less what you owe Lånekassen and on your mortgage).

Some taxable social security and pension benefits are subject to lower thresholds than other personal income. If, for example, you receive support from Nav, your income threshold may be lower.

What if your income/assets exceed the threshold amounts? 

  • Your monthly grant will be reduced by 5 per cent of that part of your personal and investment income that exceeds the threshold.
  • Your monthly grant will be reduced by 1 or 2 per cent of that part of your assets that exceeds the threshold.
  • Your educational grant will be reduced first, followed by any provider's supplementary grant to which you may be entitled.
  • The grant amount to which you were not entitled will be converted back to a loan, but we do not require you to repay it before your ordinary student loan repayments start.

The grants checked against tax return are educational grants and provider's supplementary grants

Your educational grant is that part of your loan that is converted from a loan to a grant when you pass your exams. A provider's supplementary grant is an extra grant to which you are entitled if you have a child you provide for.

If you receive a provider's supplementary grant, we will also check the personal and investment income of your spouse, or your cohabitant if you and your cohabitant have a child together.

Thresholds for personal and investment income

To receive the maximum grant, your personal and investment income must not exceed these amounts:

Calendar year

Support for entire
calendar year

Support for 7 months or
less per calendar year*

2018 NOK 177 257 NOK 443 142
2017

NOK 172 597 NOK 431 492

2016

NOK 168 059

NOK 420 148

2015

NOK 162 769

NOK 406 923

2014

NOK 157 265

NOK 393 163

* A higher income threshold applies if you are following an education programme that lasts for 7 months or less in one calendar year, and you only receive support for this programme, or you only receive support for one semester per calendar year.

Your monthly grant will be reduced by 5 per cent of that part of your income that exceeds the threshold.

We ignore any financial support you or your child receive.

If you are self-employed, special rules apply for determining your personal income. The tax authorities administer these rules and determine the personal income of self-employed people. You can read more on www.skatteetaten.no.

To receive the maximum grant, your net assets must not exceed these amounts:

Calendar year

For single applicant

Total for applicant and spouse/applicant and cohabitant with a common child

2018 NOK 403 264 NOK 774 502
2017
NOK 392 662 NOK 754 140

2016

NOK 382 339

NOK 734 314

2015

NOK 370 304

NOK 711 200

2014

NOK 357 782

NOK 687 150

2013

NOK 344 021

NOK 660 721

 

If you are single, your monthly grant will be reduced by 2 per cent of that part of your assets that exceeds the thresholds. If you are married, a registered partner or have a child together with your cohabitant, your monthly grant will be reduced by 1 per cent of that part of your assets that exceeds the thresholds.

Social security benefits - higher and other education

The final amount you will receive as a grant is not determined when you receive the money or when you have passed your exams. Everyone is automatically checked against their tax return once they are produced, usually 1 to 2 years after you have received the money, although this may also take longer.

What happens if you exceed the threshold amount?

Social security benefits are included as part of your personal income, but different exemption amounts apply for the different types of benefit. We also ignore some social security benefits completely when we convert grants to loans.

Your monthly grant will be reduced by 5 per cent of that part of your benefits that exceeds the threshold. The threshold amounts are listed below.

The grant amount to which you were not entitled will be converted to a loan, but we do not require you to repay it before your ordinary student loan repayments start. Your educational grant will be reduced first, followed by any provider's supplementary grant to which you may be entitled.

It is the information from your tax return  for the period for which you received support that applies. The information is provided by the Tax Administration.  

Social security benefits with the same exemption amount as personal and investment income

  • Parental benefits
  • Sickness benefit
  • Unemployment benefit
  • Adoption allowance

Social security benefits with a lower exemption amount than personal and investment income

Social security benefits with a lower exemption amount than personal and investment income

  • Transitional benefit
  • Rehabilitation allowance 
  • Medical rehabilitation allowance
  • Temporary disability benefit
  • Work assessment allowance
  • Disability pension 
  • Children's pension
  • Survivor's pension
  • Retirement pension
  • Introduction benefit

To receive the maximum grant, your social security benefits must not exceed these exemption amounts:

Calendar year

Support for entire calendar year 

Support for 7 months or less per calendar year* 

2018 NOK 94 843 NOK 265 884
2017 NOK 92 350 NOK 258 894
2016 NOK 89 922 NOK 252 088
2015 NOK 87 092 NOK 244 153
2014 NOK 84 146 NOK 235 897
2013 NOK 81 910 NOK 226 824

Social security benefits we ignore 

  • Cash-for-care benefit
  • Child benefit
  • Tax free rehabilitation benefit
  • Lump-sum grant for adoption 
  • Lump-sum grant for birth
  • Funeral grant
  • Basic and attendance benefit
  • Injury compensation for occupational injury
  • Child care benefit
  • Health services benefits
  • Educational grants
  • Other tax free benefits 

These social security benefits do not count as income and therefore do not affect your grant entitlement. We also ignore any financial support you or your child receive.