Financing your studies in the Netherlands

Financing your studies in the Netherlands

The Netherlands, also known as Holland, is one of the countries preferred by Romanian students and occupies a leading place in Europe in what academic studies are concerned. The Dutch educational system is oriented towards practice and professional experience, and universities have partnerships with large international companies where students can get jobs, internships or practice. The Government makes large investments in higher education, therefore the new campuses of Dutch universities have well lit rooms, comfortable and welcoming recreational spaces, as well as modernly equipped facilities.  

One year of bachelor or masters studies in the Netherlands costs approximately 2 006 euros. A bachelor program lasts 3 or 4 years (for programs that include a year with practice) and masters programs last 1 or 2 years. 


What are the expenses of a student in the Netherlands?

On average, a student in the Netherlands spends between 660 and 1000 euro/month. This includes living expenses (500-800 euro, including rent) and a monthly studies fee (167 euro). Depending on the city and the type of accomodation chosen, the rent varies between 300 and 600 euro per month. 


How can these costs be covered?

There are 4 financing sourses which, in total, must not be over 1 033 euro. The money will be reimbursed in two years after graduation, in 35 years, only if the student earns above a certain minimum leve. For 2016, this level was set at 13 989 euro/year, and for 2017 at 14 215 euro/year.

77% of students have requested and benefit from these finances 

The maximum amount of money a student can receive after financing must not be over 1 033 euro/month. Therefore, the combination of these four financing options will not cross this amount. The student decides how he wished to combine them. 


Funding sources

Living costs loan (Basic Grant)

The loan can be as high as desired, as long as the total amount does not exceede the maximum amount of 1 003 euros. The student must be under 30 years, must attend full time courses and work over 56 hours per month. Loan repayment is spread over 35 years, after graduation, when revenue reaches the threshold. In case the threshold is not reached in 35 years of leaving school, the loan will not be reimbursed. An advantage is that loan interest rate is 0% and the rate is under 4% of the wage over the minimum annual income.


Additional living cost funding (Supplementary Grant)

The maximum amount that can be obtained is 386 euro per month. Besides the basic conditions for granting the basic loan there is another condition for this loan: parents revenues should not be over 46 000 euro per year.


Public transport card (Travel product)

Students that have received the Basic Grant are entitled to up to 165 euro per month for transport costs.


Tuition fee loan

The loan is meant to cover the fee for a bachelor or master program for a year. That means the student receives 2 006 euro per year, transfered into their account in 12 equal installments over a year. The tuition fee must, however, be paid at the begining of the year in full.

The student must be under 30, attend a full time course and have a BSN number. It is received after registering in the Netherlands. Full reimbursement is made in 15 years after graduation, with a minimum monthly payment of 45 euro and the possibility of delaying for 5 years. The interest rate is set anually by the Government, but for 2017 it is set at 0%. 


For detailed information related to financing methods and how they can be accessed, discuss with an IntegralEdu un consultant.

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