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Student loans are loans offered to students to assist in payment of the costs of professional education. A loan is a type of Debt. This article focuses exclusively on monetary loans although in practice any material object might be lent Education encompasses both the Teaching and Learning of Knowledge, proper conduct, and technical competency These loans usually carry a lower interest rate than other loans and are usually issued by the government. For the government of parliamentary systems see Executive (government. Often they are supplemented by student grants which do not have to be repaid

See also

As a general rule all students who attend Australian tertiary education institutions are charged higher education fees. Student loans in Canada help post-secondary students pay for their education in Canada. Student grants and student loans in Denmark are administered by the Danish State Educational Grant and Loan Scheme Agency, a Danish government agency. German universities are usually free for students (although many Federal States of Germany have introduced a student fee of € 1000 per year since 2006) Although third-level tuition has been free in the Republic of Ireland since 1997, for other student expenses most of the major banks offer interest-free New Zealand provides student loans and allowances to tertiary students who satisfy the funding criteria In Norway, student loans are issued by Norwegian State Educational Loan Fund (Statens lånekasse for utdanning commonly referred to as Lånekassen) Student grants and student loans in Sweden are administered by the Swedish National Board of Student Aid, a Swedish government agency. British Undergraduate and PGCE students can apply for a loan through their Local education authority (LEA in England and Wales While included in the term " Financial aid " higher education loans differ from Scholarships and grants in that they must be paid back
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