Financial support from the Netherlands

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Dutch regulations for student financial aid are a litle bit complicated. Most Dutch students receive grants from the Dutch government. Thus, they are not reimbursed for tuition fees.

Under the following conditions, foreign students are eligible for Dutch grants:

	Citizens of the EU
	under the age of 30
	gainfully employed for 32 hours per month in addition to studying (contract of employment has to be produced).

Universities offer comprehensive help in searching for employment of 32 hours per month.

Besides this, under certain circumstances students, whose parents are Dutch or, whose parents have worked in the Netherlands for an extended period can receive financial support.

The types of financial aid from the Dutch government:

„Prestatiebeurs“ (basic grant)

Students, not living at home, are eligible for „Prestatiebeurs“, a basic grant of up to 248 Euro monthly (for he year 2006 – September to December).

„Aanvullende beurs“ (follow-up grant)

„Aanvullende beurs“, the follow-up grant is based on parental income. The maximum amount, for the period from September to the end of December 2006, would be 226 Euro per month for students with a government health insurance plan.

Interest Bearing Loans

During 2006, students entitled to financial support were able to borrow max. 266 Euro per month. The interest rate for the loan depends on the interest rate of certain Dutch government loans in October of the previous year. For the year 2006 it is set at 2.74 per cent.

Important: Repayment of the loan can be waved totally or partially if students produce the necessary grades. Performance is judged at the following two stages:

1. one year from start of payment of the scholarship/loan
   
2. 10 years later - to check whether the degree has been completed.

OV-Card (public transport)

There is a choice of two types of tickets:

1. Valid on working days (from Mondays 4 am to Saturdays 4 am, except on holidays and from July 16th 4am till August 16th 4am)
   
   
2. Valid at weekends and on public holidays (from Fridays 12pm till Mondays 4am). For journeys outside the explicit ticket times, there is also a discount of 40% for train travel and a reduction for travel by bus, tram or underground with a previously bought pink multiple transfer ticket.

Further details:
www.ib-groep.nl/studiepunt/ShowContent.asp?cID=1000004374&sID=2074

Tip: The scholarship has to be applied for at least three (!) months prior to begin of study (1 September of that year). Forms are enclosed in the”Instroomwijzer“ or can be ordered via internet under: www.ib-groep.nl.Thus, the above-mentioned conditions have to be fulfilled in time (see above).

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