Hot rental market for students – how much does it cost to rent – news Norway – Overview of news from different parts of the country

– It was a bit tight with the economy when it was so expensive, says Jonas Fagereng Jacobsen (23). Last year, the photojournalism student moved into a student dormitory from a private company of 15 to 16 square meters in Bislett in Oslo, with a rent of NOK 8,700. After one year, the rent increased to over NOK 9,000, and Jacobsen was forced to move. Now the 23-year-old will move to a four-man collective together with his brother and two others. The rent there will be around NOK 7,000. – It is cheaper and it becomes social. Study support in the 2022/2023 school year Full-time students will be paid NOK 8,788 a month in the 2022/2023 school year. In addition, you get something extra in January and August. Then you get paid around NOK 23,800 at public schools, and about NOK 55,000 at private schools. You get extra in the two months to, among other things, pay the tuition fee and syllabus books. In the year, you then get approx. NOK 129,700 in loans and grants. There will be a base loan of approx. NOK 10,800 a month if you divide the entire sum over 12 months. Students will not be paid loans and grants in July. Source: Lånekassen. – It is not realistic to just live on the student grant For the academic year 2022/2023, the ordinary student grant is around NOK 8,788 a month. According to the Norwegian Student Organization’s student budget, a student spends NOK 7,690 on rent. Then you have NOK 1,010 left to live on for the rest of the month. Recently, the prices of food and electricity have also increased. Price growth in Norway has not been higher since the 1980s, according to figures from Statistics Norway (SSB). Associate Professor Dag Jørgen Hveem at the University of Agder (UiA) and BI Business School says that the price increase has worsened an already pressing student economy. – Realistically speaking, it is not possible to live exclusively on student aid, says Hveem. Associate professor at UiA and BI Business School, Dag Jørgen Hveem. Photo: Torbjørn Brovold / BI He hopes that the government will work on measures to help the students in the demanding situation, if not the Storting. – This reinforces the differences between those who come from prosperous families and who live on the green side, and children of parents who perhaps themselves have enough to keep their heads above water. Financial tips for students Associate professor at UiA and BI Business School, Dag Jørgen Hveem, has this advice for today’s students: Get a job that is easy to combine with your studies. Consider how much you can earn without having your grant cut short, and have a conscious relationship with the limit. You can calculate this on Lånekassen’s website. Discuss with parents, or other close relatives, whether it is possible to get gifts of money, possibly an interest-free loan. Think carefully and have a detailed overview of what you spend money on. Prioritize hard and ally yourself with those you associate with, so that they can make a financial contribution together. Part of the effort should be to implement creative and reasonable ways to have fun together – it is an important part of the study time. Try to have balance in life. This means, among other things, staying in physical and mental shape through exercise, stress management, exercises, good relationships and enough sleep. Hveem is clear that a job on the side of your studies should not take your attention away from your studies, or drain you of energy. Have you recently moved into a collective? Then maybe you should pay attention to these things. Collective is billegast Fewer applied for higher education this year than last year, and the level is now the same as before the pandemic. Nevertheless, there is still a shortage of student housing. As many as 17,000 students are on waiting lists. On the private market, you can expect to pay an average of NOK 10,389 in rent per month, according to a survey by the Norwegian Student Organization. This is the average price for renting flats, dormitories and rooms in shared flats. Rooms in shared flats are the cheapest option in all the largest student cities, Oslo, Bergen, Trondheim, Stavanger and Tromsø. Oslo, with the most rooms in condominiums, has the most expensive rental prices. Looking at the area price, you usually get the most for your money if you rent an apartment. The exception is Stavanger and Kristiansand, where the area price is the lowest for rooms in a communal building. Have to work alongside Many students have to work alongside their studies in order not to go into the red. A whopping 87 percent of full-time students work in addition to studying, according to a survey by Eurostudent. In comparison, 50 and 65 percent worked alongside their studies in Sweden and Denmark, according to the survey. Not all students have the opportunity to work alongside their studies. Nor are all students able to receive support from home or save from the large grant. MUST SAVE: Not all students have the opportunity to work alongside their studies. Photo: Berit Roald / NTB news has asked Professor Ola Honningdal Grytten at the Norwegian School of Economics (NHH) for advice on this group. They are as follows: Consider housing communities that can give lower rents Don’t eat out – cook yourself Party less Cut subscriptions Have a summer job – But basically I don’t know how it can be possible with the assumptions they saw, says Grytten. Having to live on savings Jacobsen is happy to live in a collective, but fears that the coming academic year will be tough. – I have to live on savings. Then I have to work in the summer and during holidays to make ends meet, he says. He himself does not have the opportunity to work alongside his studies due to health reasons. COLLECTIVE: After the summer, Jacobsen will move in here with his brother and two others. Photo: Private Have lost hope Jacobsen feels that the students have been forgotten. – We have to try to be thrifty. There is almost nothing else I can do. – Or I can hope that they will increase the student grant, but I have given up on that. He believes that the students are an important target group. – I’m going out to take over work and out into society, so I think it’s a bit of a sin to forget us. – What could have been done to improve your situation as a student? – For my part, it could be to increase the student grant. And had even more student housing that is at a reasonable and good price. Hello, do you have any thoughts about the case you have read, or input on other cases we can make about students on the rental market? Have you experienced discrimination, expensive rental prices or have you simply mastered the rental market? We want to hear your story! Feel free to send us an email.



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