In order to apply for a study permit in Norway, you must have funds equivalent to
NOK
123 519 for the academic year 2020/2020, which is the amount the Norwegian Government deems sufficient to cover one year of food, housing and other living expenses. Note that the amount varies from year to year. Please check UDI's webpage (Norwegian Directorate of Immigration) for the correct amount.
Documentation
To document that you have sufficient funds, you must demonstrate that you have deposited the amount into a Norwegian bank account in your name, or in an account that Nord University has opened for this purpose.
You may only open a Norwegian bank account in person in Norway, and you must have a Norwegian ID-number from the National Registry.
Unless you have access to a Norwegian bank account, we recommend that you make use of university's holding account. Read more below.