First things first:
After you enrolled and got accepted, you can apply for the CEDIES scholarship:
Watch out: the deadlines are 30 November for the winter semester and 30 April for the summer semester!
Your scholarship application got accepted? Great, so now all you need to do is go to Spuerkeess and apply for your student loan!
The student loan amounts to 6.500 euros (in other words, 3.250 euros per semester). As the interest rate often changes, the Luxembourg government guarantees you a maximum interest rate of 2%. In other words, even if the current interest rate is 3%, for example, the government will take care of the difference!
Interest is calculated based on the total loan amount and is due every semester. You only need to begin repaying your student loan two years after completing your studies, but you can also do it earlier if you want. You have a total of ten years to repay the full amount.
Waiting to receive your CEDIES grant? If this is the case and you are applying for a student loan, you may also be able to get an advance payment of 2.500 euros from Spuerkeess. This 2.500 euros is interest free, which means you will ultimately repay exactly the same amount and not a penny more.
The holidays may already seem a long time ago, but the university year has only just started. Wasn’t it great to be able to switch off your alarm, spend time...
A few weeks ago, you took a trip with your family to the countryside and came across a magnificent little house for sale. Since then, nobody can stop talking...
At home in his flat in Paris, Sam feels lucky compared with other students at the Sorbonne University, where he is in his first year studying law. Sam can walk...
Last year, Mum and Dad didn't want to go away on holiday because of the pandemic, which was still ongoing. This year they've booked two weeks at an...
Are you ready to face the post-high school transition? Or do you feel discouraged by the seemingly unaffordable cost of student life? Between housing and...
Do you have some savings tucked away? Or have you inherited some money? Sure, you could organise an awesome trip halfway around the world, make some luxury...
Did you know that all the info is now available free of charge for all students? No, it’s not a late April Fool’s Day joke! The two newspapers Tageblatt and Le...
Mum can already feel the first kicks in her tummy and Dad is eager to know the baby's sex, while Grandma cannot wait to spoil the baby and Grandpa is...
When you become a parent, you worry about the well-being of your children. This is also true for their finances! By putting away a sum you are giving them an...
Reducing the use of plastic, taking public transport, buying second hand, eating local...the list of small actions that can improve our consumption habits has...
Has a little tune suddenly started going round in your head as Valentine’s Day approaches... “Love is in the air, everywhere I look around ...”? Has your...
"It’s a fact that most of our customers open a savings account for their children at birth. And being a young father myself, I perfectly understand that...
