How big a student loan can I get?

The amount of student loan you can get was increased in August 2024. Your student loan amount depends on how old you are and where you study.

The table below contains the maximum amounts of student loan students in different situations can get per month and per academic year. You can get nine months of student financial aid per academic year.

Maximum amounts of student loan as of 1 August 2024
Who?Amount (euros per month)Amount (euros per academic year)
Other than university student (under 18 years old)4003,600
Other than university student (18 or older)8507,650
University student8507,650
Students studying abroad1,0009,000

If you’re uncertain about how you qualify, you can check your maximum student financial aid with Kela’s calculatorOpens new window.

Did you know?

While you receive student financial aid, you don’t pay any interest

Male and female students using laptops in classroom - small

  • The interest accrued on your student loan during your studies will be capitalised, or in other words added to the loan principal. 
  • Fluctuations in the reference rate (12-month Euribor) can have a significant impact on the loan costs. 
See how the interest rate affects the loan costs

Should I take out a student loan for several years?

The calculations below help illustrate how your student loan amount and interest rate affect the total loan costs. The indicative example calculations are based on the months of student financial aid granted by Kela.

You can also see how your student loan amount affects the student loan compensation paid by Kela. The student loan compensation is 40% of the amount of your outstanding student loan exceeding 2,500 euros, but not more than 6,200 euros.