Montenegro 2015/16 - grants and loans

Country: Montenegro
Date of publication: 2016
Grants - note: 1.5 % of students receive merit-based grants 13 % of students receive loans
Need-based grant (euro): -
Merit-based grant (euro): most common/max 860

Student grants

There is no need-based grant.

Loans

Merit-based grants are provided for students showing particular scientific or artistic inclinations and winning awards at international and national competitions. Grants are awarded on the basis of the contest announced by the Ministry at least two months before the beginning of an academic year. Grants are not awarded to student loan beneficiaries.

Grant amount depends on the level of the maximum loan increased by 30-50 %.

The maximum grant is EUR 86/month paid in ten monthly instalments.

Loans are available on the basis of student performance. The average loan is EUR 45/month for ten monthly instalments.



Source: Eurydice, National Student Fee and Support Systems 2013/2014, 2015/2016, 2016/2017
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