Skip to main content
Home

Main navigation

  • Top stories
  • Health
  • Crime
  • Politics
  • Business
  • Tech
  • Culture
  • Sports
  • Weird
  • 1-1-2
Image
Students in a lecture
Students in a lecture - Credit: Photo: kasto/DepositPhotos
Business
Nibud
DUO
LSVB
student loan
Budget
graduate
higher education
Thursday, 22 August 2019 - 12:00
Share this:
  • facebook
  • twitter
  • linkedin
  • whatsapp
  • reddit

Four-year degree costs Dutch students nearly €50,000 in total: Report

A four-year degree at a Dutch university or college costs an average of around 50 thousand euros, according to the most recent figures by Nibud. That amounts to around 12 thousand euros a year, or a thousand euros a month, AD reports.

The most recent Nibud Student Survey, from 2017, shows that on average, students not living with their parents spend 1,082 euros per month. That is an average of 417 euros on rent, 181 euros on groceries, 58 euros on text books and study supplies, 63 euros on transport in addition to the student public transit card, 146 euros on relaxation, entertainment and sports, 47 euros on clothing and shoes, 106 euros on health insurance, and 26 euros on their phone.

Nibud - the national institute for budget information - calls on students and parents to sit down together and draw up a reasonable and realistic budget that the student can stick to. "Only borrow what you really need", Marion Weijers, Nibud's senior advisor on budget information, said to AD. "A student loan may be necessary to pay for your studies. Before you borrow, consider and calculate whether it is really necessary."

By only borrowing what you really need, you can make sure that you graduate with as little debt as possible. "The interest rate [currently at 0%] is set for five years. A student loan can therefore be a good investment, but also realize that a student loan can have a significant impact on your budget later", Wiejers said.

Students and parents can find out more about student loans and budgeting from the Nibud website, from DUO, the institution from which you can borrow money for your studies, and from student union LSVb.

Follow us:

Latest stories

  • ASML export ban will hurt Netherlands relationship with China, ambassador warns
  • Keukenhof flower gardens opening for the 74th time this week
  • Justice Ministers discus more support for ICC at London conference; NL pledges €1 mil
  • Pro-invasion graffiti spray painted onto Russian tank at Groesbeek museum
  • Organizations blame Netherlands for suffering caused by EU-Turkey asylum deal
  • The Netherlands remains in 5th on World Happiness Report

Top stories

  • The Netherlands remains in 5th on World Happiness Report
  • Share of social housing rentals keeps falling despite gov't plans
  • BBB up to 17 seats in Senate, Coalition down to 22
  • Sint Maarten MP Brison suspected of corruption was released, remains suspect
  • Netherlands co-organized UN conference must put water higher on the agenda
  • Thousands of volunteers clean up 200,000 kilos of waste along the Maas river

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

Footer menu

  • Privacy
  • Contact
  • Partner content