Policies and development

Educational policy objectives are used to further develop student financial aid. The goal is to provide students with sufficient financial aid so that it promotes full-time studies based on the student’s plans and to help shorten the duration of studies.

Overall steering, management and development of student financial aid activities belong within the remit of the Ministry of Education and Culture.

Changes in the student financial aid 2020

There will be slight improvements to the student financial aid starting from the beginning of 2020. The provider supplement to the study grant will increase, all students who study abroad will receive a housing supplement of the same amount and the income limits for the recipient’s own income will be raised. In addition, the time limit for voluntary repayment of student financial aid will be shortened to the end of April.

The provider supplement to the study grant will be increased by EUR 25 and will be EUR 100 per month starting from January 2020.

Also starting from January, all students who study abroad and live in rental accommodation can receive a housing supplement of EUR 210 per month. 

The annual income limits for the recipient’s own income are raised every second year in line with the change in wages. Accordingly, the income limits for the financial aid years 2020 and 2021 will be increased by 4.5%.

See also

Contact information

Virpi Hiltunen, Ministerial Adviser 
Ministry of Education and Culture, Nuoriso- ja liikuntapolitiikan osasto (NUOLI), Strategia- ja ohjausryhmä (SORY) 0295330110