From What Age Can a Student Borrow in Belgium?

In Belgium, as in most European countries, the law is clear: a minor – that is, any person under the age of 18 – is considered civilly incapable. This means a young person under 18 cannot, on their own, enter into a loan or credit agreement of any kind. The legislator’s objective is to protect minors from impulsive decisions that could burden them with debt for many years.

In practice, this legal framework applies to all types of financing: personal loans, car loans, consumer credit for leisure activities, or even a loan to pay the rent of a student room, university tuition, the purchase of courses or school supplies. Even if the project is serious and well thought out, the minor cannot sign a credit contract alone.

This protective system does not prevent young people from preparing their projects early, comparing financing solutions or discussing with their family. It simply ensures that any legal commitment is taken by an adult fully responsible in the eyes of the law.

Can a Minor Access a Student Loan Through Their Parents or Guardian?

While a minor cannot borrow directly, there is an alternative solution. As legal representatives, the parents of the minor or, failing that, a legal guardian (under the supervision of the Justice of the Peace) can take out a loan on behalf of the young person. The credit contract is then signed not by the student, but by the parent or guardian, who becomes the borrower in the eyes of the bank.

Concretely, the funds can be used to finance all or part of student life: university or college tuition, rent and charges of a student room, purchase of courses and school supplies, a laptop, language courses, or even a vehicle to get to classes. The minor does not contract any direct legal obligation, while still benefiting from the financed project.

This approach makes it possible to support the young person’s studies while keeping control of the household budget. It also opens the door to a gradual financial education: the student can participate in the repayment strategy, understand the cost of credit, and develop responsible habits before becoming fully autonomous at adulthood.

Student Loans in the United States: A Different Model

On the other side of the Atlantic, the system is very different. In the United States, many young people graduate from college or university with an average debt of around $25,000 (approximately €20,000). These are student loans granted specifically to finance higher education: tuition fees, campus housing, books, and related expenses.

Repayment generally begins as soon as the graduate receives their first salaries. Proponents of this model see it as an effective way to give access to studies to young people whose parents do not have sufficient financial resources. Critics, however, highlight the risk of starting professional life with a significant financial burden already on their shoulders.

This debate raises fundamental questions about social equality, access to education and economic dynamism. For some observers, Europe could draw inspiration from the American system, while adapting it to its own context, in order to enable students to invest more in their education without having to depend solely on their parents’ financial situation.

Why Consider a Student Loan Solution?

A tailored student financing solution can help you focus on what really matters: your studies and your future, rather than constant financial stress.