Affordable student loans to Nordea’s customers

With finances in order, you can focus all your energy on studying

A student loan is a secure and inexpensive way to finance your living expenses while you are studying. You can submit a loan application in Nordea's Netbank or at a branch. For the application, you will need Kela’s decision on student financial aid in the form of a state guarantee.

When you compare different student loans, you should always pay attention to the annual percentage rate of charge. This applies to all forms of financing. The annual percentage rate of charge is impacted by the reference rate and margin as well as by different kinds of fees and account management fees.

Once you have completed your studies, we can draw up a flexible personal repayment schedule that will suit your life situation. Repayment usually begins about 2 years after you have finished your studies.

Your benefits as Nordea's Customer:
  • student loan at a very low margin of 0.5% 
  • arrangement fee of EUR 10 for Check-in- and Key Customers when you draw down a new student loan

Annual percentage rate of charge of student loans for Check-in- and Key Customers

The annual percentage rate of charge of student loans for Check-in Customers is 0,8 % when

  • the loan amount is 4,500 euros
  • the interest is 0,50%.
  • the loan period is 15 years
  • the arrangement fee is 10 euros.

Example,

The interest of a student loan for Check-in- and Key Customers is the 12-months Euribor + a 0.5% margin. When the nominal interest is 0.50% and the loan period is 15 years, the annual percentage rate of charge is 0.8% for a student loan totalling 4,500 euros (21 July 2016). The total sum of the loan and loan costs will be 4,853 euros and the number of loan payments will be 30. The calculation includes a Check-in- and Key Customer's discount on the arrangement fee EUR 10 and automatic debiting of the loan payments, which costs 2.30 euros per payment. The total payable loan amount depends on the use of the loan, the amount of agreed repayments and the validity of the loan agreement.

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Travel credit

Travel fever?

A beach vacation or why not travel around the world? Apply for a loan that suits your need and book a trip!

Car loan

Car fever?

Buying a new or a used car? Apply for a loan that suits your need and go to the car dealer!

Holiday home loan

You already have a barbecue. Only the holiday home is missing.

Looking for a holiday home? Apply for a loan that suits your need and make your holiday home dream come true!

Student loan

A student loan allows you to focus on studies.

A student loan will make your life easier. After getting a loan decision, you can focus all your energy on studies.

Garden loan

Barbecue fever?

Need a new terrace, lawnmower or paving slabs for your garden? Apply for a loan that suits your needs and make your dream garden come true!

Renovation credit

Renovation fever?

Interior decoration, a new kitchen or a room for your child? Apply for a loan that suits your need and make your home look better!

Home decoration loan

Decoration fever?

Are you decorating your home or updating the entertainment electronics? Apply for a loan that suits your need and make your home look better!

Boat loan

Boat fever?

Are you thinking of buying a new boat or trading in your old one? Apply for a loan that suits your need and make your boat dream come true.

All products

FlexiCredit

Realise your plans with FlexiCredit

The credit amount can be from 2,000 euros up to 25,000 euros, so it suits both small and larger purchases. You can use the money any way you like: for a car, a boat, home improvement, furniture or a trip abroad.

Credit cards

Credit card for everyday purchases

Credit card for everyday purchases in Finland and abroad. A credit card allows you to adjust your monthly expenses. Read more about our wide range of cards!

Secured consumer credit

Planning large purchases?

A secured consumer credit is a flexible and inexpensive solution when you are planning to buy a car, a boat or a caravan or to make some other larger one-off purchase.

Student loan

A student loan allows you to focus on studies.

A student loan will make your life easier. After getting a loan decision, you can focus all your energy on studies.

Additional services

Insurance

You always get an appropriate insurance.

Nordea If Insurance helps handle surprising situation in everyday life.

Advice on loans and credits

Couple walking in the city 

A consumer credit gives flexibility to your finances

Choosing Nordea for all your banking will be worth your while.

Feet in sand 

Draw up a financial plan

You can balance your finances by calculating your regular income and expenses.