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Carefree pupil life having a learning education loan

OP’s owner-customer advantages

Being an owner-customer, you may get education loan without any service charge, provided you filed your loan application at op.fi. In addition, you shall get a price reduction on banking solutions and OP bonuses.

Make an application for a loan on the web without managing costs

It is possible to conveniently use online (in Finnish) and save very well the loan management expenses.

OP’s clients (in Finnish)

Lots of people state it is stupid to not ever draw straight down a student-based loan given that it’s therefore low priced. You’ll get plenty of take advantage of the loan in the event that you invest it sensibly.

Give attention to what’s most critical

While learning, you don’t need to get results to have along financially. Our education loan lets you concentrate on studies as well as on living your daily life outside of school also to use the quick track to graduation.

We are able to offer pupil loan at cheap and you may not need in order to make any payment unless you graduate. Make use of your education loan while you like – for example, for rental, clothes, learn materials or travelling.

Education loan payment

In the event that you began your studies after 2014, you could gain as much as a large number of euros through the education loan settlement by graduating on time. The education loan https://myinstallmentloans.net/payday-loans-tn/ settlement makes up 40% associated with the loan quantity surpassing 2,500 euros.

Just how to make an application for a learning education loan

Automated government guarantee

The us government guarantee for the education loan may be the only collateral that you will need whenever obtaining the mortgage. Whenever KELA makes its choice on giving pupil aid that is financial it immediately offers a warranty choice to all or any those college pupils whom it verifies as study grant beneficiaries.

Apply online (in Finnish)

You are able to make an application for pupil loan and draw it on to your bank account conveniently online by logging into op.fi along with your online individual identifiers. When this occurs, you will immediately get a student-based loan choice electronically and then draw along the loan via OP eServices.

Trying to get an educatonal loan is achievable even though you aren’t yet OP’s client. In this situation, register the application form without logging in. We shall then phone you within 1–3 business times. When it comes to approval, please go the agreed OP bank that is cooperative to finalise your education loan application.

Repayment two years after graduation

Education loan repayment starts in two years’ time following the expiry regarding the pupil aid that is financial. That you don’t have to pay for interest on your own loan through your studies.

Whenever giving and supervising that loan, the financial institution makes use of the credit that is personal associated with loan applicant, obtained through the credit documents of Suomen Asiakastieto Oy.

Will you be a brand new pupil? Study our directions for education loan applications.

Are you currently a current pupil? You will need to make an application for a student-based loan from your own bank each year that is academic. Note! If you’re continuing your studies and also have currently drawn down education loan, you need to make an application for additional to your loan. To find out more, see the area “Continuing your studies? Make an application for extra” with this web web page.

1. Make every effort to get a loan guarantee first from Kela

To use for a student-based loan, you will need Kela’s student loan guarantee that is valid. University pupils get this guarantee choice immediately along with their student decision that is grant. If you’re in additional education, make an application for that loan guarantee from KELA utilizing a split kind whenever trying to get a research grant and housing health health health supplement. We suggest trying to get the mortgage guarantee when it comes to whole amount of studies all at once.

Once the loan guarantee choice happens to be made, your bank gets this given information straight from Kela.

2. Submit an application for a learning education loan online

  • OP’s customers: the essential way that is convenient make an application for an educatonal loan is through signing into op.fi. You will automatically receive the loan decision via this service when you file the application online.
  • Some other clients: it is possible to make an application for that loan on op.fi even though you are not OP’s client. File the program without signing in and we’ll phone you within 1–3 banking days. In the event that application is authorized, we request you to go directly to the agreed OP bank that is cooperative to finalise your education loan application.

If you’re a small, you can easily make an application for a education loan at an OP cooperative bank branch aided by the permission from your own parents/guardians.

3. Loan can be acquired for drawdown from the next banking time

After the job happens to be authorized, the education loan may be readily available for drawdown in many instances in the next working day currently. The money will be available on your account on the first possible payment date if you have chosen automatic drawdown according to the student financial aid decision.

Note! The loan can be transferred to your account in practice on the next day banks are open, i.e. On the next banking day if the first drawdown date falls on a weekend or bank holiday.


Brand New loans are susceptible to an origination charge, which will be deducted through the very first drawdown quantity. Owner-customers have the loan without any origination cost by filing the application online.