The CEDIES scholarship and student loan
From this year onwards, applications for financial aid are made entirely online via MyGuichet. How convenient!
The financial aid granted by the Luxembourg State is paid in two half-yearly instalments. It consists of several grants (basic grant, grant on social criteria and family grant) which can be cumulated and a student loan.
Please note the deadlines! For the winter semester, you can submit your application from
Once you have submitted your application and your file has been accepted, you will receive a certificate - to be kept as the apple of your eye, as the Financial Aid Department does not issue a copy in case of loss - with which you can, if you wish, go to your bank to apply for a CEDIES student loan.
The CEDIES loan terms and conditions
While the student loan is optional, it can provide some day-to-day comfort and allow you to make the most of your student life.
The student loan amounts to €6,500 (i.e. €3,250 per semester) and is guaranteed by the State at a fixed rate of 2%, which means that even if the rates increase this will have no impact on your loan because the State will cover the difference.
Have you finished your studies but not yet found your dream job? There's no need to stress, you can start repaying your CEDIES loan two years after you finish or even stop studying. In total, you have 10 years to repay the loan in full.
And if the transfer of your scholarship takes longer than expected but you already have expenses to pay, Banque Raiffeisen offers you an advance of € 3,000 at 0% interest!
Are you taking out your first student loan with the Bank?
When you sign your student loan, Raiffeisen offers you 1,000 OPERA points that you can exchange for cinema tickets, for example! If this is your loan application or advance on a student loan, you will also receive a gift voucher worth €150 to spend either at Letzshop, Cactus or to invest in the Luxembourg Microfinance and Development Fund, which aims to contribute to the reduction of poverty by supporting various organisations.
Raiffeisen is committed to you
In addition to the CEDIES loan, Raiffeisen supports you throughout your studies and even beyond. With our free Green Code Study current account, you get a V-PAY debit card as well as one of our new sustainable VISA Classic or Basic cards that allow you to plant trees.
What do you mean, trees? That's right, with the new VISA cards you're helping us to fight against the negative effects of climate change. For every 200 transactions you make with your sustainable VISA credit card, the bank plants a tree in collaboration with Hëllef fir d'Natur from natur&emwëlt and Friendship Luxembourg.
Discover our commitment and the Green Code Study offer here.