Study loan

You can apply for the Estonian student loan if you:

• study full or part time,
• are a citizen of Estonia or have a permanent residence permit or permanent right of residence in Estonia.

Such students can get student loans the number of times that corresponds to the years of their nominal period of study. It is not possible to apply for a student loan while on academic leave.
A student can get a student loan once per academic year between 15 September and 31 May. A first-year student can get a student loan as of 1 October (the loan agreement can be signed at the end of August).
In the 2023/2024 academic year the maximum amount of the student loan is €3000. The loan can be secured by the guarantors of two Estonian citizens or real property located in Estonia.

For more information about student loans, contact your bank. Student loans are granted by Luminor bank, SEB and Swedbank.