In 2016/2017 the budget allocated to student grants was 111.1 million. This represents an increase of 14.9 million compared to the previous academic year. This measure concerns 27,494 students. The distribution of the 14.9 million is broken down for the grants according to social criteria (5.9 million), for mobility grants (5.4 million) and for an overall increase in applications (3.7 million). In total, for the 2016/2017 academic year, 29,927 applications for financial assistance were received by the Ministry of Higher Education.
Of the 30,000 grant recipients, 78% are residents, who received 87.4 million of the 111.1 million.
With respect to loans for students, an envelope of 190.7 million was put forward during the course of the 2016/2017 academic year, 126.7 million of which for residents, compared with 182 million for the previous academic year.
Brussels is the most popular city
In terms of mobility, most young Luxembourgers opt for countries close to the Grand Duchy to finish off their education. The statistics for the 2016/2017 academic year reveal that Germany is students' favourite destination. 4,205 students enrolled at a German university. In second place is Luxembourg, which attracts the most young Luxembourgers, with a total of 3,664 enrolments at the Grand Duchy's university.
But young students from Luxembourg also flock en masse to Belgian campuses. Last year, Belgium attracted 3,464 students for their studies. 2,241 students enrolled in universities in France, 1,216 in the UK and 910 in Austria.
In this context, the city of Brussels is the most popular, with 1,432 students from Luxembourg. As for the course, economics is the subject of choice for students from Luxembourg.
(Article written by the editorial team of the luxembourg.lu portal)