Students studying abroad are eligible for a larger student loan than those studying in Finland. The maximum student loan amount for university students studying in Finland is 850 euros per month, while those studying abroad can get up to 1,000 euros per month.
Before you leave, check that you have all the daily banking services you need, as you may not be able to sign up for new services while staying abroad.
You will need the Nordea Mobile and Nordea ID apps as well as a payment card to handle your banking. A card is usually the easiest method of payment abroad.
Before leaving, find out what your current insurance covers and whether you need additional travel insurance or a student’s health insurance.
The need for insurance depends on the destination country, the length of your stay and the requirements of the educational institution.
The costs of studying abroad vary depending on the destination country and city and what type of accommodation you live in. Create a budget where you account for the costs of settling abroad as well as your monthly costs.
The first few months abroad often involve extra costs because you have to purchase supplies. You may also have to pay for:
You should take into account the following monthly expenses:
We have compiled calculations of a typical student’s income and expenses to help you plan your finances.
Online, you can become a customer, open an account and other daily banking services all at once.
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