Yes, you need contents insurance 😉

You should provide a contents insurance when moving in to your own place, including student housing.

SSN as a lessor is responsible for keeping our buildings and our equipment insured, but you must ensure that you insure your personal assets, as these are not covered through SSN's insurance.

First of all: check if you are covered by your parents' insurance, before you take out your own contents insurance.

Why contents insurance?

Should unforeseen events such as a fire, water damage, burglary of your home or shed occur, this can lead to expenses and losses for you as a resident. You can use the contents insurance to limit your own financial loss in such cases. If you do not have contents insurance, you will have to pay for such extra expenses yourself. It can be expenses for temporary residence if your home becomes uninhabitable, or expenses for clothes, books, bicycles, PCs, etc. that you need on a daily basis.

Whether you live in student housing or rent or own a home, you should have homeowners insurance. Fire, theft, bed bugs or water damage can be costly, and if you have home insurance, it will cover anything you lose in the accident (such as computers, clothes, furniture and appliances, books, bicycles, etc.).

Most banks and insurance companies have good deals for students up to a certain age (often 34). Check around to find the best deal for you. You should expect to pay NOK 100-200 per month.

Travel insurance is not only necessary and good to have when you are stranded on holiday abroad without luggage or can't get home, but is just as important in everyday life. Travel insurance is valid from the moment you walk out the door. If you are the victim of theft on the bus on the way to school, your travel insurance will cover the PC that was in your bag.

Exactly what your travel insurance covers will depend on who you have taken out insurance with - but the rule is that you SHOULD have travel insurance!

Your income and assets have no impact on how much loan you can get, but if the amounts are higher than the limits, you will receive a smaller grant. It is a good idea to be aware of these limits so that you know how much you can earn without affecting your grant.

See Lånekassen.no for more information about how much you can earn or have in assets.

The major scholarship, which is awarded every August and January, is intended to cover your extra expenses around the start of your studies: Textbooks, the semester fee and perhaps relocation expenses.

• Click the Book financial advice-button.

• You will now be directed to our contact form.

• Write that you want an appointment for financial counselling, and state when it is convenient for you to meet at Zoom. The appointment can be made on weekdays between 10.00-15.00.

• We will contact you with a proposed time for an appointment.
  

• You must have a USN user on Zoom, as this is where the call will take place.

• Before the meeting starts, you will receive an email from one of our financial advisors with a meeting invitation.

• Click on the link in the email to start the conversation and we will meet at Zoom!

• To cancel, please let us know via our contact form.

Please cancel your appointment as early as possible and at least 24 hours before it starts.

You can apply for student loans with Lånekassen as soon as you have been admitted to a study programme, the deadline for applications is November 15 for the autumn semester and March 15 for the spring semester.

In order to receive the loan and grant to your bank account, you must have completed semester registration and paid the semester fee.

• Semester fee at USN.

• Semester fee at The Norwegian Police University College in Stavern.

• Semester fee at Fagskolen Vestfold og Telemark.

• Semester fee at Fagskolen i Viken (Kongsberg/Tinius Olsen).

Ten things you should know about student loan at Lånekassen.