Did your budget plan tell you that you’re going to need help in paying for your studies?
There are a couple of financial aid options you can think about to arrange yourself, or with help from the Erasmus University Rotterdam. Click on one of the options below for more information.
If you don’t qualify for any scholarships or grants, you can decide to apply for a loan. But be advised: loans will always have to be paid back with interest!
It is very important that you don’t take on a financial burden you can’t handle. So make sure that you and your parents / caretakers understand what you are getting yourself into:
- Did you do your research on how much you’ll be paying back each month?
- Will that be doable compared to the salary you expect to be receiving?
- What are the terms and conditions of the loan?
When you’re receiving a loan, you are basically receiving borrowed money. And something you borrow, you need to give back eventually.
Important: the amount of money you loan, will have to be paid back in full, including interest.
This type of financial aid is available if you are facing delays in your study due to:
• Exceptional (family) circumstances
• Top sports
• Volunteering work
• A board year for a student organization
• A board year for a committee or council
Important: our student counsellors know everything about this specific type of aid.
Don’t hesitate to reach out with doubts or questions!
Scholarships & grants are often called ‘gift aid’ because they are financial aid that doesn’t have to be repaid. Grants are usually awarded based on the student’s financial need, scholarships are usually awarded to students who excel in a particular field.
Important: most grants and scholarships only cover 1 year of studies or a 1-time waiver of (a part of) your tuition fee.
Students receiving their Holland Scholarship and Excellence Scholarship certificate. - Photo by Michelle Muus
Frequently Asked Questions
- The scholarship in considered a gift, whilst the loan is an amount of money you have to pay back later.
- In Holland, higher education is subsidized, which means that tuition fees can be kept relatively low, especially compared with the United Kingdom and the United States. Because of this, we do not have an extensive scholarship programme. This doesn't mean we don't have them at all though, so make sure to have a closer look.
- Your changes are slim, meaning that most students won't gain a scholarship. There are hundreds of new students each year, but there is not an equal amount of scholarships available. But you never know, you might just be one of the lucky (chosen) ones. As long as you take into account that you may have to arrange financial aid in a different way, you're fine.
- This depends on the type of loan and their corresponding requirements. We created an overview of organisations who are willing to issue loans for students. Their conditions therefore might differ from regular loans.
- This differs per type of loan you registered for. Please consult the set conditions of the loan carefully.