Skip to main content
Home

Main navigation

  • Top stories
  • Health
  • Crime
  • Politics
  • Business
  • Tech
  • Culture
  • Sports
  • Weird
  • 1-1-2
Image
Lecture Hall
- Credit: Source: Wikipedia/Xbxg32000
Business
interest rate
study loans
study loan interest rate
DUO
Wednesday, 26 October 2016 - 11:35
Share this:
  • facebook
  • twitter
  • linkedin
  • whatsapp
  • reddit

Study loan interest drops to 0 pct. next year

For the first time ever the interest rate on study loans is dropping to 0 percent next year, a spokesperson for education executive agency DUO confirmed to NU.nl.

Students who finish their studies this year will not have to pay interest on their study loans for the next five years. The 0 percent interest rate also applies to former students who are starting a new fixed interest period of five years in 2017.

The interest rate is based on the performance of other public bonds issued by the Dutch government. As a result of the European Central Bank policy, these bonds' performance is very low. Students are benefited by these favorable conditions. The interest rate on study loans for this year was already at a historically low 0.1 percent.

Follow us:

Latest stories

  • Heartbreaking late goal knocks Ajax out of the Europa League
  • AZ still with a chance of going through after win over Zrinjski Mostar
  • Students' mental health very slowly recovering after coronavirus pandemic
  • Foul play suspected in death of woman found in Amsterdam river this week
  • Amsterdam considering drastic changes to tackle Dam Square traffic jam
  • Police fire warning shots during protest at Rotterdam defense sector event

Top stories

  • Sexual harassment, power abuse, bullying common in Dutch hospitals
  • Israeli-Dutch teen released by Hamas after over 50 days as hostage
  • Inflation was 1.6 percent in November; Food prices up 7.3%
  • Omtzigt won’t enter Cabinet talks with Geert Wilders “at this time” in new blow to PVV
  • Few companies going bankrupt despite recession; More need help
  • Icy roads caused multiple accidents overnight; Code yellow warning still in effect

© 2012-2023, NL Times, All rights reserved.

Footer menu

  • Privacy
  • Contact
  • Partner content