Salary loan - Kunnskapsbasen
Salary loan
On this page you will find information about salary loans and a link to the application form.
Norsk: Lønnslån
Apply for a salary loan
In special cases, you may apply for up to two months' gross salary in advance for certain expenses. These expenses may include deposits on rent, deposits for home purchases, equipment/furniture for establishment in a new home and the like. Expenses for daily consumption, travel, car purchases, refurbishment, bills etc. are usually not approved.
The basis for the advance must be documented. Submit your documentation attached to your application in NTNU Hjelp. The application goes to the Service Center for payroll and HR.
Interest and tax
The salary loan is interest-free. However, if the loan amount exceeds 3/5 of the National Insurance Scheme's basic amount (60 % of 1 G) and/or the repayment period exceeds 12 months, the interest benefit will be considered taxable income. You will then be taxed on the actual interest benefit in that the advance is interest-free.
Repayment
Repayment must take place in accordance with a written agreement on repayment by monthly deductions from salary. The maximum repayment period is 24 months or as long as you have a contract with NTNU (if the contract ends earlier than 24 months).
Regulation
The main collective agreement (Hovedtariffavtalen) For questions about salary, contact your local HR employee or the Service Centre.