Finances

If you are a citizen of Sweden or another EU/EEA country (or Switzerland), it costs nothing to study at a university or other institution of higher education in Sweden. This doesn’t mean that it costs nothing to be a student. For example, you have to pay for course literature, materials and equipment to carry out your studies.

In addition, you pay rent (usually) for your accommodation, food, leisure activities and so on with an income that does not always stretch very far. You may also find that your social life is affected by not being able to afford joint activities, such as going out to dinner with friends.

As everywhere else, the cost of living in Sweden depends on your lifestyle and where you live. However, costs are generally higher in the larger cities in Sweden. 

Still find it difficult making your money last?  

There’s a lot you can do to make your finances go further. Not eating out too often, buying course literature and other items second-hand, comparing prices for broadband and electricity contracts are just some of the measures you can take.  

It can also be good to make a budget. By categorising your expenses, you can easier see what your money is being spent on, in order to make it last longer.  

Useful information about combining work and studies 

Many students choose to work while studying in order to increase their household budget. This can also provide valuable experience for life after your studies. Whatever you choose to do, it can be worth remembering that you are primarily a student and that it can be difficult combining studies with work.  

But, if you feel that you can and want to work while studying, it’s good to make sure that contractual conditions apply for your work. Your employer must give you a salary that corresponds to what Swedish citizens receive, your working hours must be compatible with applicable agreements, and so on.  

How to make your money last longer

Here are some ideas for student life in Sweden: 

• Cook at home and bring your own lunch and snacks to campus.  
• Buy a second-hand bike and cycle as much as possible.  
• Buy second-hand clothes and furniture.  
• Borrow textbooks instead of buying or share the cost with other students on your courses, and then share the resource. 
• Sign up for a student discount card and look for student discounts. Discounts are available in several restaurants and shops as well as for public transport, insurance, phone subscriptions and other things.