Overview

The Nordic market includes Sweden, Norway, Denmark and Finland. The region has a combined population of approx. 26.7 million where around 5.8 million are under the age of 19. There are roughly 75,000 students from the region abroad, with 8,573 (academic year 16/17) of these studying in the U.S. Young Nordic students are generally highly literate, proficient in English, have an international and open mind-set and love to travel and engage with other cultures.

In all Nordic countries, financial support and benefits are distributed to every citizen willing to pursue a higher education. The structure of grants also transfers abroad, creating a potential for Nordic students to pursue their education elsewhere. In addition to the funding presented below, it is important to note that all university studies in the Nordics are free of charge for residents.

Some regional differences occur in grants and loan structures:

In students get a grant of DKK 6,015 (~USD 955) per month while they study, and they can bring the money abroad. Students may choose to take up to DKK 8,714 (~USD 1,383) per month in loans from the state in addition to the grant. It is also possible to obtain funding to cover part of the tuition fee when studying for a full master degree abroad.

Sweden also has a government organization that monitors and distributes student aid to those that are eligible. Student grants and loans are calculated per week. The total amount a student receives depends on how many weeks of study each semester or academic year consists of and if the studies are full-time or part-time.

For full-time studies, the weekly grant is SEK 712 (~USD 86), the weekly loan is SEK 1 792 (~USD 217) and the weekly additional loan for studies abroad is SEK 887 (~USD 107). The maximum financial aid thus totals SEK 13,564 or roughly USD 1,644 per month.

Starting in 2018, Sweden has reinstated a military basic education for both men and women. While participation is mainly on a voluntary basis, this could potentially impact the number of applicants for studies abroad.

Norwegian State Educational Loan Fund: At the bachelor level, tuition support is given as grant up to NOK 33 000 (~USD 4 000). If the tuition is higher, students can receive additional loan funding of NOK 96 000 (~USD 11 600) up to a total of NOK 129 000 (~USD 15 500).

At master level, tuition support is given in grant is up to NOK 63 000 (~USD 7 600). If the tuition is higher, students can get up to a total of NOK 129 000 (~USD 15 500), where everything above NOK 63 000 (~USD 7 600) is a loan.

For selected educational institutions with particularly high tuition fees, a supplementary grant may be given to cover tuition fees. The supplementary grant is set at maximum NOK 69 785 (~USD 8 400).

As of 2017, students can also get an additional loan up to NOK 100 000 (~USD 12 000) for tuition, if tuition surpasses the tuition support of NOK 129 000 and the supplementary grant of 69 785, total NOK 198 847 (~USD 24 000).

For those studying outside Finland, the study grant is paid at the same rate as it would be in Finland, with the exception that the grant for studies at a foreign vocational training institute is equal to the grant provided to students attending a higher education institute in Finland. The monthly grant is EUR 250. (~USD 290). Housing Supplement (usually EUR 210 (~USD 245) per month) and government guarantee for student loans (EUR 800 (~USD 940) per month for higher education studies and secondary-level studies) are also available.

Leading Sub-Sectors

Exchange agreements where a tuition can be severely reduced or eradicated is attractive for Nordic students that want to partake in the American college experience as well as improve their English language skills. Summer schools, short courses, certificate programs, joint degrees and free-movers are also identified as best prospect areas.

Opportunities

The United States remains one of the most popular study destinations. Nordic students are attracted by the characteristics of American university life. The life painted through media in the last century holds promise of collegial activities such as a playful environment with inspiring and high standard learning. College sports will be another possible attraction for elite youths looking for scholarships in the U.S.

Language trips have been popular in the Nordics for a long time and with the nature of the globalized economy, it is increasingly important for Nordic students to gain international experience and strong language skills in English.

Events

Denmark:
Education Without Borders 2018
Schedules:
http://www.universityfairs.com/fairs/educationwithout-borders-fair-denmark-2018-12241

Sweden:
Saco Student Fair 2018
Stockholm November 28-30, 2018
Malmö December 6, 2018
https://www.saco.se/en/saco-student-fairs/

Norway:
Student recruitment fair
Ta Utdanning 2018
Oslo 14-15 February
Bergen 25-26 January
Trondheim 1-2 February
http://www.tautdanning.no/uk/

Finland:
STUDIA 2017
Annual Education Fair in Helsinki
28-29 November 2017
Further Information:
http://studia.messukeskus.com/?lang=en

Contacts

Denmark:
Sabina Kroigaard
sabina.kroigaard@trade.gov

Finland:
Mia Maki
mia.maki@trade.gov

Norway:
Heming Björna
heming.bjorna@trade.gov

Sweden:
Nancy Björshammar
nancy.bjorshammar@trade.gov

Web Resources

Denmark:

Finland:

Norway:

Sweden:


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