The start of student life is often accompanied by costs for equipment: purchase of a car, furniture, etc.
It can then be interesting to take out a complementary loan to the government-guaranteed student loan with the Study PLUS loan.
The Study PLUS loan is linked to your studies in Luxembourg or abroad:
- It is a loan limited to a maximum €15,000 intended to fund a portion of your higher education or post-graduate studies. Paid out in annual instalments of €2,500 per year of study, over a six-year period.
- It will be repaid after the end of the course.
- As a general rule, the standard duration of the loan is 2 to 5 years, or more.