Banking and budget

Credit cards are accepted in most places in Sweden, in particular VISA, Eurocard, MasterCard and American Express. Please check before you leave home that the card is valid during your whole stay in Sweden.  It is a good idea to check whether your bank at home has a Swedish banking partner.

You should bring your passport, the accommodation contract and a letter of admission from Konstfack to the SEB bank at Liljeholmen. They will assist you in opening a bank account. The SEB bank cannot open accounts for American students, since special US banking rules apply.


This is an example on a montly budget for an exchange student. Some programs at Konstfack have material fees. Either you pay as you use material or you pay a sum for the whole semester and are free to use the material as you wish. The amounts below are approximate.

Housing 3.000 - 6000 SEK
Food 2.000 - 2.500 SEK
Material fees at Konstfack 600 - 2.500 SEK
Transportation 600 SEK
Insurance 200 SEK
Total 6.400 - 11.800 SEK

Updated: 17 September 2010
Author: Matilda Uhrström