Student Support Loans
Once a loan pledge from the Icelandic Student Loan Fund (LÍN) has been granted, Arion Bank Students receive support loan through the Bank for up to 100% of the scheduled loan offering from the Student Loan Fund.
- You receive the Student Loan Fund loan as a loan to your account but pay much lower interest that an overdraft loan
- The loan offering is arranged at the beginning of the academic year, as is the payment schedule
- Your credit is taken into consideration when evaluating your application for a support loan.
How do I apply?
- You can contact the next branch, call or send us an email at arionbanki@arionbanki.is
* Your credit history is taken into consideration when you apply