The Student Council of the University of Iceland has filed a lawsuit against the Icelandic Student Loan Fund (LÍN) and the Icelandic government, due to changes made in student loan qualification requirements.
Vísir reports that hundreds of students could lose their right to a student loan due to the government’s changes, among them, that students will have to achieve 73% of their credits to qualify for a loan, as opposed to 60% previously. The changes are expected to go into effect on September 1.
The Student Council contends that the changes are far too sudden, and have filed a lawsuit against LÍN and the Icelandic government, which was accepted in Reykjavík District Court yesterday.
“We consider the changes arbitrary and illegal,” Daníel Isebarn, a lawyer for the Student Council, told reporters. “Soon there will be hundreds of students who will lose their right to a loan as a result. The purpose of LÍN is to help students get an education; not to pressure them out of school.”
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