Icelandic loans – LIN
Courses of study qualify for loans if they are organised by an educational institution as full-time studies; 60 ECTS units of study in each academic year or at least 30 ECTS units each semester in cases where the course structure does not cover a complete academic year.
Students may receive a loan for a total of up to 5 years, subject to satisfactory progress. Students progressing to Postgraduate studies may be granted loans for a duration in excess of this up to a maximum of 10 years in total.
Loans can be obtained for living expenses and tuition fees.
More information at: http://www.lin.is/lin/UmLIN/english.html