This means that you can search for a part-time job to combine with your studies or you can look into private loans.
This type of financing comes usually from private companies that can offer you a loan in exchange for an interest rate. Since EU/EEA students are eligible for collegegeldkrediet (the tuition fee loan), which currently has a very attractive interest rate determined based on the duration and amount of your loan, private aid is usually for non-EU/EEA citizens.
If you are interested in a private loan, contact your university to request more information on partnerships with institutions from your country that provide such loans.
Whether you’re funding yourself or receiving aid, it’s always important to be aware of what expenses you’ll have to deal with and how to prepare yourself for them. Learning how to budget is an important first step.
Aside from your tuition fees, it is important to be aware of your other living costs. Living costs can cover a broad spectrum of things, from rent to food to textbooks. Your living costs could include:
All in all, if you are living in the Netherlands, you are looking at total living costs of around 1000 or more per month. That’s less than (or at least almost equal to) living costs in countries like England, for example.
You could consider helping yourself out in the finance department by sticking to a budget. Sounds fun, right? It’s not as difficult as you might think. Having a budget simply means you are more aware of how much you are spending and what you are spending your money on. You can set yourself a monthly or weekly limit in regards to the amount of money that you allow yourself to use, delegating a certain sum to certain things. For example, you could set aside a certain amount for your rent, and then for food or going out. We came up with a fool-proof formula for keeping a budget, so take a look if you are unsure of how to budget yourself!