Interest rate for government-guaranteed student loans

What is a government-guaranteed student loan?

Between 1964 and July 1993, it was possible for students to take out a government-guaranteed SU (state education) loan (STB) with a bank. Government-guaranteed student loans that have been repaid to a bank with a loan from the Danish Treasury are administered by Udbetaling Danmark – Public Benefits Administration.

Interest rate when Udbetaling Danmark administers the loan

The interest rate is calculated every six months.

Period	Interest rate
1 January - 30 June 2025	3.75 % p.a.
1 July - 31 December 2024	4.25 % p.a.
1 January - 30 June 2024	4.5 % p.a.
1 July - 31 December 2023	3.75 % p.a.
1 January - 30 June 2023	2.0 % p.a.
1 July - 31 December 2022	0.25 % p.a.
1 January - 30 June 2022	0.25 % p.a.
1 July - 31 December 2021	0.25 % p.a.
1 January - 30 June 2021	0.25 % p.a.
1 July - 31 December 2020	0.25 % p.a.
1 January - 30 June 2020	0.00 % p.a.

Interest rate when the student loan is administered by Udbetaling Danmark.

Higher interest rate when we collect the loan

If you do not pay the instalments due on the loan, Udbetaling Danmark can pass on the loan to us for debt collection. When we collect the loan, you need to pay debt collection interest instead. You can read more about the debt collection interest rate at the page Interest.

Legislation and statutory rules

The rules concerning the accrual of interest on government-guaranteed student loans administered by Udbetaling Danmark are set out in the Danish Student Loan Act (Studielånsloven) (Danish Order no. 1240 of 22 October 2007). The rules for calculation of the interest rate are set out in Danish Order no. 1362 of 9 December 2019. Both of these Orders can be found at www.retsinformation.dk