What is your scheme?
New scheme: student loan system
If you started higher education after 1 September 2015, you fall under the student loan system. Your student finance consists of:
- A loan, the amount to be decided on by you, and it can vary per month. You can also borrow extra to pay your tuition by activating the tuition credit.
- (Any) additional grant, depending on the income of your parents.
- A Public transportation card (OV card) with which you can travel throughout the week and on the week-end.
On the DUO website you can read about the exact conditions and amounts of your student finance.
The amount that you borrow from DUO, must be repaid after your studies. Only the use of the Public transportation card and your additional grant can be gifted. This will be the case if you get your diploma within ten years, counting from the first month that you received your student finance.
If you do not obtain your diploma within ten years, you have to repay everything, except for the first five months of the additional grant.
For how long do I get student finance?
You can borrow from DUO throughout seven years for a four-year study programme in higher education. An additional grant is only possible for the first four years. You can use your Public transportation card for five years. When you want to travel, but not borrow money, you can apply for a €0 loan at DUO. If you graduate within ten years, your Public transportation card is a gift.
Old scheme: achievement grant
Did you start higher education before 1 September 2015? You are subject to the achievement grant. It consists of a base grant, possibly an additional grant (depending on the income of your parents) and a Public transportation card. You are entitled to a base grant for four years, Public transportation card for five years, and if you graduate within ten years, the amount of the base grant and Public transportation card are a gift. You must always repay the loan.
Read more about student finance on the DUO website.