Student loans as equity
If you work alongside your studies, or live at home and don’t really need to take out a student loan, you should still consider this.
June 17, 2025
eiendoms-admin
Are student loans as equity the cheapest top loan on the market?
It can be smart to take out a student loan even if you have the opportunity to work part time alongside your studies, or live at home. If you’re looking to buy a home in the future, this is one of the most affordable top loans available on the market.
If you do not live at home with your parents and pass your studies, up to 40 per cent of your debt is cancelled. You will receive the basic support from Lånekassen as a loan, but up to 40 percent can be converted into a grant.
The income limit for those who receive support throughout the year is NOK 224,709 for 2025.
If you earn more than that, you will receive less stipend. You cannot convert parts of the student loan into a grant if you live at home with your parents, but the student loan still has such an advantageous interest rate that you are unlikely to find a more affordable alternative to a top loan on the day you are going to buy a home.
Should you put the money in a savings account, or BSU?
The advantage of putting the money in a regular savings account is that you can do whatever you want with the money after graduation.
Maybe you don’t need to buy a house, maybe you want to travel, or simply repay the loan because you don’t need the money.
By putting the money in a regular savings account or high-interest account, you are free to do whatever you want with the money the day you need it.
Example
You receive 100,000 in student loans that you put into an account.
You pass your studies and the Norwegian State Educational Loan Fund converts 40,000 into a grant.
You still have 100,000 in your account, but your debt is only 60,000.
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