Latvia 2015/16 - grants and loans

Student grants

Public grants (state-subsidised study places) are allocated on the basis of academic merit. These grants are primarily available in priority areas; currently natural sciences, computer sciences and engineering.

Other public grants are traditionally available based on academic merit. Recently, more need-based criteria are taken into account. Disabled or orphaned students with families, from large families or in economic need are treated favourably. These state budget grants are EUR 99.60/month (per 10 months) for the first and second cycle. Only 14 % of all students studying in state financed places at public HEIs receive this funding support.

Loans

Two types of loans exist. The first is to cover tuition costs and the second to cover living costs with a cap of EUR 170.74/month. Loans need to be paid back 12 months after the end of the degree programme. In 2014/15, about 13 % of fee-paying students benefited from the loan for tuition costs, and 9 % of state subsidised students took out a loan for living expenses (2014/15). Both in 2014 and 2015 the Government has published a list of number of occupations considered to be significant for national economic development, and the state will cover part of the student loan for those students studying in these fields.