New student loan for everyone getting loans from 2022
From 1 January 2022, everyone who has taken a student loan will receive a new loan. What is new about this loan is that some age limits are being raised as part of the terms and conditions.
Age limits
From 1 January 2022, it will be easier for people of a more senior age to study. You can apply for this loan up until and including the year you turn 60, and the loan must be fully repaid at the end of the year you turn 64.
Two loans
If you are studying with a student loan during the autumn of 2021 and the spring of 2022, this means that you have two loans that you will need to repay with two different annual amounts. You can apply to have your loans combined on My Pages. This would mean that you do not have to pay two separate annual amounts.
If you have two loans, you can combine them
If you are studying with student grants and loans during the autumn of 2021 and the spring of 2022, you will have two different types of loans. What separates these loans is the age limits. Everyone who receives a loan payment after 1 January 2022 will receive the new loan with raised age limits.
You can choose to have your loans combined on My Pages. Doing this means that you do not have to pay two separate loans.
If you wish to combine the loans ahead of 2024, your application must be received by CSN no later than 30 November 2023.
Combining loans (information in Swedish)
What separates the loans and what do they have in common?
Questions | Terms and conditions for loans paid out from 1 January 2022 | Terms and conditions for loans paid out between 1 June 2001 and 31 December 2021 |
|---|---|---|
Age limit – for what period of time am I entitled to student grants and loans? | Until and including the year you turn 60. | Until and including the year you turned 56. |
For how long will I be repaying my loan? | The longest repayment period is 25 years or until the end of the year you turn 64, depending on which comes first. | The longest repayment period is 25 years or until the year you turn 60, depending on which comes first. |
When do I start repaying my loan? | If this is the first time you have taken a student loan, your repayment period will start no earlier than six months after you received your last student grant or loan payment. If you have previously taken a student loan, repayment begins immediately after you stop receiving students grant or loan payments. | If this is the first time you have taken a student loan, your repayment period will start no earlier than six months after you received your last student grant or loan payment. If you have previously taken a student loan, repayment begins immediately after you stop receiving students grant or loan payments. |
How much should I repay every year? | This is determined by: · The amount you have borrowed, · The interest rate (for 2023, the interest rate is 0,59 per cent), · An upward-adjustment figure of two per cent per year, and The duration of your repayment period | This is determined by: · The amount you have borrowed, · The interest rate (for 2023, the interest rate is 0,59 per cent), · An upward-adjustment figure of two per cent per year, and The duration of your repayment period |
What is the interest rate of my loan? | For 2023 – 0,59 per cent | For 2023 – 0,59 per cent |
How much is the administrative fee? | SEK 150 per year | SEK 150 per year |
How much is the reminder fee, supposing I do not repay my loan? | SEK 450 for every reminder | SEK 450 for every reminder |
When can the loan be written off? | At the start of the year you turn 72. | At the start of the year you turn 68. |
Watch videos about finding a new path later in life
Watch the videos with Sara and Johan who both found new paths later in life!
Information in Swedish
Updated: 2023-03-23