Apply for student financing

You can apply for student financing for a study at university, HBO or MBO. The contribution consists of a basic grant and public transport student card, but a supplementary grant is possible if your parents cannot contribute sufficiently to the study costs. There is a hefty fine for fraud with your student grant.

Apply for student financing in the Netherlands

Our system for applying for student finance assumes that 3 parties must contribute to the costs of a study: the government, the parents and the student. The Information Management Group (IB Group) provides a basic contribution on behalf of the state in the form of a basic grant and public transport student card. If parents are unable to contribute sufficiently to their child’s studies, a supplementary grant is also possible. Sometimes the student can also help pay for his studies, for example by taking a part-time job. But students can also borrow from the IB group on attractive terms. Click here for an overview of all current amounts in 2010

What types of student financing

The total package of student financing for higher education contains five elements:

  1. basic grant
  2. supplementary grant
  3. Public transport student card
  4. interest-bearing loan
  5. tuition fee loan

Student financing for higher professional education and university is not an optional matter and is based on the principle of the performance-related grant . This means that the contribution is in principle provided as a loan and is only regarded as a gift after successful completion of the study. The principle of the performance-related grant also applies to the public transport student card. Only a supplementary grant can partially be regarded as a gift. Those who obtain their diplomas within the agreed time do not have to repay the performance-related grant. But anyone who does not manage to complete their studies on time must repay the performance-related grant with interest. It goes without saying that an interest-bearing loan or tuition fee loan must always be repaid. Moreover, there are more and more reports that students borrow too easily from the IB group and often accrue sky-high debts, especially if they cannot complete their studies with a diploma within the set period. At the beginning of 2009, all students received an urgent recommendation from Minister Plasterk to borrow more consciously. With his message, the minister wants to prevent students from accumulating irresponsibly high student debt too easily.

Basic grant

The amount of the basic grant can vary depending on the living and family situation. The student who lives away from home obviously receives a higher basic grant than the student who lives with his parents. After all, room rent alone will put a significant burden on your budget. And if you, as a student, care for a child who is entitled to child benefit, you may be eligible for an allowance on top of the basic grant under certain conditions. In January 2010, students took action through student protests at colleges and universities against plans by Minister Plasterk: he wants to convert the basic grant into an interest-bearing loan. And on January 21, 2011, another major student event was organized on the Malieveld in The Hague, this time against the proposed austerity plans of the Rutte cabinet.

Supplementary grant

Whether you are eligible for a supplementary grant depends on your parents’ income . After the IB group has been informed about the income details of the parents via the tax authorities, they will receive a message stating the amount that they are expected to contribute to your studies (although without any obligation to actually contribute that amount). If the additional grant cannot be calculated because the final assessment has not yet been determined by the Tax Authorities, you can temporarily take out an interest-free loan from the IB group.

Interest-bearing loan

If the basic grant and supplementary grant are not sufficient for you, you can take out a loan from the IB group on which an attractive interest rate is charged. A loan from the Information Management Group is by far the cheapest form of borrowing money for students . For 2010 the percentage has been set at 2.39%. Not only do you only have to start repaying after your studies have ended, it can also take another 15 years. And if that repayment is problematic for you, remission is even negotiable.

Tuition fee loan

In addition to the interest-bearing loan discussed above, you can also apply for a loan specifically to pay your tuition fees. Such a loan, called a Tuition Fee Loan, is a standard part of the student loan and is therefore paid out together with the rest of your student loan. What is special about the Tuition Fee Loan is that you do not owe the interest to the IB Group but to the educational institution.

Student OV chip card mandatory from March 16, 2010

As part of their student finance, students from the age of 18 can apply for a personal transport ticket in the form of a student public transport card, also known as an OV card. The public transport card was introduced in 1991 to replace the administratively cumbersome individual travel allowances. With the card, available as a weekend card or a weekly card, students could use public transport for free or at a discount. On January 1, 2010, a credit card-sized student OV chip card replaced the conventional paper version. As a result of problems with the national introduction of the OV chip card, the paper OV annual card 2009 was still allowed for an indefinite period in 2010. Some students were not yet in possession of the new chip card or had not yet loaded it with the desired travel product. The carriers and the Ministry of Education have now decided that from March 16, 2010, students will only be able to use public transport with a loaded public transport chip card.

Current student grant amounts for 2010

The amounts of student finance depend on your residential situation and the level of your education. An HBO or WO student can borrow a maximum of the following monthly amounts this year:


Living at home

Living away from home

Basic grant



Supplementary grant



Interest-bearing loan



Tuition credit



Total budget



How to apply for student financing?

Applications for student financing must be submitted online via the IB Group site: My IB Group. Logging in to My IB-Groep is only possible using a DigiD with SMS function . Anyone who cannot log in to My IB-Groep can apply for an application set ” Study financing for higher education ” by telephone via the IB-Groep Info Line. Because it is not possible to receive student financing afterwards for months that have already passed, it is important to apply for student financing in a timely manner (at least 3 months before the start of the study).

May 2010: home inspection of students in Amsterdam

It is an open secret that many students apply for a grant as a non-resident student while they still live with their parents. After all, as a room student you receive 170 euros more per month. In a letter to the House of Representatives, Minister Plasterk announced on November 9, 2009 that he will take tough action against fraud involving student grants . There will be stricter controls and the fine for abuse is not lenient. If you have wrongly received a grant as a student living away from home for a year, you will not only have to pay back almost 2,500 euros, but you will also be imposed a hefty fine of 500. In order to implement the planned inspections, State Secretary Van Bijsterveldt announced in April 2010 that she would make a concrete start with home inspections of students in Amsterdam from May 2010 . It is checked whether one actually lives at the specified address. At a later stage, it will also be the turn of students in Rotterdam, The Hague and the regions of Twente and Noord-Holland-Noord.