Finance

Students are granted the possibility to apply for State-Supported Loans that are issued through a selected bank for one academic year. Loans can be given in these cases:

Loan to cover tuition fee. Maximum amount equals the yearly tuition fee of the study course you attend. This loan is paid directly to the account of an institution of higher education until July 1.

Loan to cover living expenses. Maximum amount - € 4 400 per year. This loan is paid in equal monthly installments until July 1 to the borrower's personal account (for last year students until graduation);

Loan for partial studies abroad. Maximum amount - € 3 300, to be paid all at once to the borrower's personal account

The loan repayment period begins no later than 12 after graduation, or termination of studies and is repaid within no more than 15 years from the beginning of the repayment period.
The applications and disbursements of the study loans are carried out by the State Studies Foundation. Please note that there are requirements that you must meet in order to be able to apply for the loan. More information

Students in places not funded by State may transfer to State-Funded places if:

• They are eligible for State-Funded places at Lithuanian higher education institutions (Citizens of the Republic of Lithuania or other member states of the European Union (EU), European Free Trade Association (EFTA) or the United Kingdom (UK), persons (non-EU/EFTA/UK) granted a right of permanent residence in the Republic of Lithuania, children, grandchildren and great-grandchildren of the Diaspora and people of Lithuanian origin);
• They comply with the criteria of good study performance;
• There is an available State-Funded place after a student at the same study same field of study, the same form and the same course is expelled from the University, or terminates the studies. In cases like this transfer is proceeded twice a year, during the first month of each semester;
• There is an available State-Funded place after a student in the same field of study, the same form and the same course loses their State-Funded place during rotation. In cases like this, State-Funded places are filled once a year, after the rotation – before 15 October.
• Information regarding available State-Funded places is announced by the Academic Core Unit on their website and on the eStudent environment.
• The transfer of students to and from State-Funded places is proceeded by each of the Academic Core Units following the temporary Description of the Procedure for the Rotation and Ranking of Vilnius University Students Based on their Learning Outcomes.

More information regarding assessment and rotation could be found here