Lithuania 2016/17 - grants and loans

Student grants

There are three main types of grants available for both 1st and 2nd cycle students: 1) Academic achievement scholarships are awarded to around 9 % of students. Amounts range from EUR 6 to 228 per month, with EUR 57 the most common for full-time and EUR 38 for part-time students. The scholarship period varies from 1 to 12 months. 2) Social scholarships of EUR 123.5 per month are awarded to around 3 % of students, and support low socio-economic background, disabled students and orphans. The scholarship period is up to 12 months. 3) Study scholarships may be provided to high performing self-financing students in both public and private HEIs. In 2015, about 0.2 % of students in public HEIs received such support. The maximum grant amount is determined by the maximum fees that the Ministry agrees to cover for state supported students.

Self-financing 1st cycle students who have completed the first two academic years or the rest of the programme with the best results may be reimbursed tuition fees. The maximum number of students who receive this support may not exceed 10 % of the state-funded student cohort. In 2015, approx. 4.5 % fee-paying students received reimbursement.

Loans

In 2015, about 4.5 % of all students took out a state-supported loan. 75 % of loans cover tuition fee costs, and 25 % are for living expenses with less than 1 % for studies abroad. The maximum amount to cover study fees is the annual study fee; for living expenses it ranges between EUR 950-1 900. The loan repayment must start one year after the end of studies. The term of loan repayment is 15 years. The interest rate depends on the credit institution.