More than 12 Sweden universities are ranking at top positions in QS World University Rankings. From its world-renowned universities and English-taught programs to its vibrant student life and career opportunities, Sweden has something exceptional to offer every aspiring learner.
If you are a student dreaming of studying in Sweden but are concerned about the costs, don’t worry. PayStudy helps you finance your study abroad journey with low-interest overseas education loans, no collateral education loans for abroad studies, and fast approval overseas education loans — all through India’s trusted digital education loan platform.
Let’s take a deeper look at the cost of studying in Sweden, top universities, and available loan options that make your dream of studying abroad easier than ever.
Sweden is home to top-tier universities known for excellence in medicine, arts, science, and technology. Pursuing a graduation degree costs around SEK 129,000 per year, while postgraduate degrees can cost approximately SEK 220,000 per year.
| QS Rank 2023 | University Name | Tuition Fee (per annum) |
|---|---|---|
| 73 | KTH Royal Institute of Technology | SEK 310,000 - 366,000 |
| 85 | Lund University | SEK 200,000 - 225,000 |
| 105 | Uppsala University | SEK 50,000 - 70,000 |
| 139 | Chalmers University of Technology | SEK 50,000 - 80,000 |
| 181 | Stockholm University | SEK 90,000 - 140,000 |
Swedish universities consistently rank among the top overseas colleges, offering global exposure and exceptional career outcomes.
Living expenses in Sweden depend on your city of residence. Students living in Stockholm or Gothenburg face higher costs compared to smaller cities like Lund or Uppsala.
| Expense | Cost (SEK per month) |
|---|---|
| Accommodation | 2,500 – 6,500 |
| Travel | 550 |
| Food | 2,000 |
| Health Insurance | 1,500 |
| Utilities | 300 |
Overall, international students can expect to spend around SEK 8,000 – 10,000 per month (INR 65,000 – 85,000). A student loan for Sweden can help you comfortably cover both tuition and living costs without financial strain
Many top-ranked universities in Sweden are eligible for PayStudy’s education loans for international universities.
PayStudy simplifies the process by helping you choose the best lender for your student loan for studying abroad, ensuring quick disbursement and hassle-free processing.
Studying in Sweden is an exciting opportunity, but financing it requires careful planning. Through PayStudy, students can explore both secured and unsecured loans from India’s leading banks and NBFCs.
A secured education loan requires you to pledge collateral such as property, fixed deposits, or government bonds. These loans typically come with lower interest rates and higher loan amounts.
| Feature | SBI | UBI | BOB |
|---|---|---|---|
| Loan Amount | Up to ₹1.5 Cr | Up to ₹2 Cr | Up to ₹1.5 Cr |
| Interest Rate | 10.65% – 11.15% | 9.8% – 10.15% | 10.14% – 11.15% |
| Margin Money | 10 – 15% | 10 – 15% | Nil |
| Tenure | 15 years | 15 years | 15 years |
| Processing Fee | ₹10,000 + GST | ₹5,000 | ₹10,000 + GST |
These low-interest overseas education loans are ideal for students applying to top overseas colleges in Sweden.
A no collateral education loan for abroad studies is perfect for students who don’t have assets to pledge. Lenders assess your academic profile, co-applicant’s financial stability, and university ranking.
| Feature | Private Banks (ICICI, Axis, IDFC FIRST) | NBFCs (HDFC Credila, InCred, Avanse) |
|---|---|---|
| Loan Amount | Up to ₹40 Lakhs | Up to ₹30 Lakhs |
| Interest Rate | 11.15% – 13% | 12.5% – 14% |
| Margin Money | Nil | Nil |
| Tenure | 10 – 15 years | 15 years |
| Processing Fee | 0.5% – 1% | 0.5% – 2% |
| Tax Benefits | Available | Limited (except HDFC Credila) |
PayStudy’s digital education loan platform lets you compare lenders instantly and choose the one offering fast education loan approval and flexible repayment.
To apply for a student loan for Sweden, the applicant must:
Applicant’s Documents:
PayStudy ensures a fast approval overseas education loan process by digitizing every step — from document upload to sanction tracking.
A student loan for studying abroad through PayStudy covers all major academic and living expenses so you can focus fully on your education.
Most banks and NBFCs offer a moratorium period covering the study duration plus 6–12 months after graduation.
In Sweden, international students can work part-time while studying and earn around SEK 8,000 – 10,000/month after tax. This helps manage daily expenses and prepare for loan repayment early.
Choosing the right loan is crucial and PayStudy helps you make the smartest decision. Our experts provide personalized advice, end-to-end support, and transparent comparisons across lenders.
Your dream of studying in one of the world’s most innovative nations is closer than ever. Whether you want a low-interest overseas education loan or a no collateral education loan for abroad studies, PayStudy’s digital-first platform ensures fast approval overseas education loans tailored to your goals.
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