Interest assistance

If you have a government guaranteed student loan, Kela can in certain situations pay the interest due on your loan. This requires that you have a low income and

• that the interest due on your market-rated loan is not being capitalized or
• that you have not received financial aid during the 5 months preceding the month in which the interest on your interest-subsidized student loan is due.

The low-income requirement means that your taxable income from work or capital may not exceed EUR 775 per month during the 4 months preceding the payment of the interest. Your spouse’s income does not affect your eligibility for interest assistance. The income limit is raised if you have children under 18 or if you have under-18 children of your spouse living with you.