If it’s like the system in Sweden, it’s actually ~$400 straight up benefit, and ~$800 in a very favourable (optional) loan with very low interest that is paid back over 25 years.
It’s better than the system in Sweden. You can get an optional loan on top of the base benefit (with a very cheap interest rate) of up to $520 every month.
Or the fact that we actually pay people to study (~1000 USD a month), instead of putting them into crippling lifelong debt.
If it’s like the system in Sweden, it’s actually ~$400 straight up benefit, and ~$800 in a very favourable (optional) loan with very low interest that is paid back over 25 years.
It’s better than the system in Sweden. You can get an optional loan on top of the base benefit (with a very cheap interest rate) of up to $520 every month.