Student loan
now without
a guarantor

For the 2026/2027 academic year, the maximum state-secured student loan is €6,000. If your nominal period of study is less than nine months, you can take out up to €3,000.

1.45% + 6-month Euribor

You can take out a student loan once a year, for as many times as your programme’s nominal duration, at each level of study. So a 3-year bachelor’s gives you three loans in total. If you’ve already used all three and start another 3-year bachelor’s, you won’t be eligible for another loan.

You need to start repaying the main part of the loan 12 to 18 months after finishing your studies, unless you’ve continued studying during that time. We don’t get updates about continued studies automatically, so please let us know if this applies to you. The repayment schedule covers a period four times the nominal duration of your programme.

If you stop your studies, you’ll need to repay the loan over one and a half times the time you actually studied, but not less than 6 months.

Loan repayments are always due on the first of the month.

Until you start repaying the main part of the loan, you’ll pay only interest on the outstanding balance. That’s calculated once a year and deducted automatically from your LHV account on November 1.

As a general rule, you need to start repaying the main part of the loan one year after finishing your studies, unless you continue studying before that year is up. Once you finish your studies, you’ll repay both the loan and interest according to a schedule. You can check the loan schedule anytime in your internet bank or mobile app.

Free of charge.

You may suspend repayment of the principal amount of the student loan for the period in which you are on parental leave (for a period of up to three years after the birth of the child), in conscript service, or serving your residency. All student loan interest during that period is paid to the bank by the state.

• You must be a citizen of the Republic of Estonia or hold a long-term residency permit or the right of permanent residence.
• The nominal period for your studies is at least 6 months.
• You are studying full-time or part-time in an Estonian university, institution of professional higher education or vocational educational institution or vocational training based on the secondary education level in an Estonian vocational educational institution or in a foreign country, in an educational institution that is comparable to the above listed educational institution and form of study.
• You do not have any outstanding debts.

• If you’re studying abroad, please send us a study certificate from your educational institution.
• We may ask for additional documents or information to make a loan decision.