Financing: Student financial aid
The resources for financial aid for students are determined in the national Budget, where appropriations for student financial aid expenditure belong under allocations for the Ministry of Education and Culture.
A total of EUR 781 million is budgeted for 2017, of which approximately EUR 503 million consists of study grant expenditure.
State student-related financial aid expenditure also includes housing supplements for students, state guarantees for student loans, school transport subsidies and costs incurred by subsidised meals for students in higher education institutions.
In 2017, a total 188,000 of students in higher education institutions are estimated to receive study grants and a total of 144,000 students at other educational institutions. Housing supplements are granted to an estimated total of 155,000 students and school transport subsidies to 67,000 students.