How to best manage insurance payout

Recently got diagnosed with an autoimmune disease while studying on my third year of my bachelor in the UK, I’m from Norway and live in Norway now. I am yet to complete the last two months and the final exams of my degree but will do so next academic year (important for student loans) I recently received a one time payment of 520 000kr from my student insurance and family life insurance plans that I don’t know what to do with. I will have 950 000kr in student loans when I graduate next year. I h