Student Loans for International Students in Switzerland

By | February 21, 2023

Student Loans for International Students in Switzerland

Switzerland, a country renowned for its varied culture, is renowned for fusing the French, German, and Italian cultures into one. There are many outdoor activities to choose from, like exploring the Alpine peaks, opulent cathedrals, and shimmering lakes. You will have a great time while studying in Switzerland since it is home to four languages (Swiss, German, French, Italian, and Romansch), exquisite cheeses, top-notch wines, and decadent chocolates.

Finding a means to pay for their studies is one of the most difficult situations that prospective students go through. It’s also true that attending school in Switzerland isn’t exactly cheap. A bachelor’s degree in Switzerland might cost anywhere between CHF 5,000 and CHF 24,000, while a master’s degree can cost anywhere between CHF 3,000 and CHF 13,000 at the moment.

In addition to tuition fees, living expenditures including lodging, food, transportation, and other personal costs may push the average cost up to CHF 27,600 per year. Even if non-Swiss students must pay slightly more in tuition, they do not have to postpone their studies because they are unable to pay for them. Numerous financial aid alternatives for international students enable you to assess your likelihood of studying in Switzerland realistically.

Switzerland international student loans are an option if you want to study there but require financial support. International student loans from Switzerland can cover the whole cost of your education, as calculated by your institution, less any other help you may have received. Tuition, board, and living costs make up the total cost of schooling.

Advantages of student loans for international students in Switzerland: Your ideal career might be supported by student debt. Student loans are sums of money that you borrow from a bank or the government and must repay when you have finished your study. The criteria under which loan repayment begins differ between cantons.

• Interest that is tax deductible
• the potential for early repayment
• death benefits for the debt

How do student loans work in Switzerland?

However, numerous banks have come into arrangements with various institutions to make loans available to students. Student loans remain mostly unpopular and unstructured in Switzerland. Usually, six months after you finish your studies, the payout begins. The loan must then be repaid in five to 10 years, depending on how much you requested. If you don’t, you’ll be fined, and the lender may sue you or, even worse, garnish your wages. You cannot, however, go to prison for failing to make student loan payments.

Sponsors of student loans in Switzerland: Either the government or a commercial bank offers student loans. However, because the rates are typically lower than those charged by commercial banks, which charge more interest, students typically favor state-sponsored loans. A consumer credit consulting company Multicredit also offers student loans at the best rates, aligned to help students achieve this great milestone in their lives.

You must meet specific eligibility requirements and show that you can properly handle debt in order to be approved for student loans, especially from private banks. Because banks want to make sure that your parents or legal guardian are also engaged in this choice, co-signing is frequently required for student loans.


Students who desire to study in Switzerland or abroad should be aware that these types of financial aid are governed by pertinent cantonal laws. In other words, it is up to cantons to decide who qualifies for financial help like student loans. In essence, as long as they fulfill their other financial requirements, students with a residency visa or refugee status are eligible for student loans.

Students are recommended to contact the grants office in their individual canton of residence for additional details about student loans in Switzerland.

You must also be from 20 to 69 years old to apply for the loan. Those who possess a permission B, C, G, or a legitimation card, who are Swiss nationals, are eligible.

Supporting Documents: Before you receive such loans, you might need to meet a few conditions, depending on the university or banks you’ve chosen to contact for information. These requirements include;
• Passport
• Student I.D
• Statement of accounts

How much will be given out as a loan?

Some banks like to offer small loans for rent, tuition, and other little expenditures, while others would like to know how much your tuition will cost you in detail to ensure there hasn’t been a price change. Most banks choose their own interest rates and payback schedule.

I hope that this article on Student Loans for International Students in Switzerland was helpful.