Study grant

If you are under 17 years of age and eligible for child benefit, you cannot get a study grant because child benefit is being paid for you. However you may be able to get a housing supplement and a loan guarantee. When you reach the age of 17, you can be paid a study grant from the beginning of the calendar month following your birthday.

Amount

The amount of the study grant depends on

  • what type of school you attend
  • your age
  • whether you live independently or with your parents
  • whether you are married and
  • whether you have children.

In certain situations, also your parents' income may affect the amount of your study grant.

The study grant does not count as income for purpose of the financial aid income check.

Students in secondary education

Student

Amount of study grant, € per month

Is the study grant affected by parental income?

Study grant (before taxes) for students in secondary education

Married or has dependants            

250.28 no

Lives alone, aged 20 or over

250.28 no

Lives alone, aged 18-19

250.28 yes, may decrease it (0-250.28)

Lives alone, aged 17

101.74 yes, may increse or decrease it (0-203.48)

Lives with his/her parent, aged 20 or over

81.39 yes, may increse it (81.39-183.13)

Lives with his/her parent, aged 17-19

38.66

yes, may increse or decrease it (0-97,67)

You qualify for an age-based increase to your study grant from the beginning of the month in which you reach a specific age.

Parental income may reduce or increase your study grant orprevent it from being paid altogether. More information on the effect of parental income onthe study grant.

How financial aid is calculated

You can use the calculator (in Finnish) linked below to calculate the estimate the amount of the study grant, housing supplement and loan guarantees.

Calculate

Students in higher education

If you are in higher education, the amount of your study grant is affected by when you began your first course of higher education study. The amount will be higher if you began your first course of study on or after 1 August 2014 (your first term in attendance for degree-oriented study was autumn 2014 or later).

Student

Amount of study grant, € per month

Is the study grant affected by parental income?

Amount of study grant (before taxes) if you began a course of higher education study on or after 1 August 2014

Married or has dependants

336.76

no

Lives alone, aged 18 or over

336.76

no

Lives alone, aged 17

163.8

yes, may increase it (163.80-311.32)

Lives with his/her parent, aged 20 or over

137.35

yes, may increase it (137.35-284.87)

Lives with his/her parent, aged 17-19

62.06

yes, may increase it (62.06-138.37)

 

Student

Amount of study grant, € per month

Is the study grant affected by parental income?

Amount of study grant (before taxes) if you began a course of higher education study before 1 August 2014

Married or has dependants

303.19

no

Lives alone, aged 18 or over

303.19

no

Lives alone, aged 17

147.52

yes, may increase it (147.52-295.04)

Lives with his/her parent, aged 20 or over

124.12

yes, may increase it (124.12-271.64)

Lives with his/her parent, aged 17-19

55.96

yes, may increase it (55.96-132.27)

You qualify for an age-based increase to your study grant from the beginning of the month in which you reach a specific age.

The smallest study grants for higher education students can only be increased by parental income. More information on the effect of parental income onthe study grant.

Exceptions

The amount of your study grant is the same as for students living with their parents if

  • you live in a home owned by or rented from your parent and
  • your home is part of the same property as your parent's permanent residence. The same property means for example the same housing corporation or lot.

In the following situations, the amount of your study grant is the same as for higher education students who began their studies on or after 1 August 2014:

  • You attend a foreign institute of vocational education.
  • You are an exchange student abroad and your exchange is related to vocational education and lasts at least two months.
  • You attend vocational education in the Åland Islands and you do not receive financial assistance for students from the Åland government, such as a free meal during days of active study.
  • You attend a Steiner (Waldorf) teacher training programme at Snellman College (does not apply to the general studies programme).

In the above situations, your parents' income may reduce your study grant or prevent you from getting it.

If you attend the National Defence University or the Border and Coast Guard Academy (basic course for border guards), your school pays you a daily allowance. You cannot get financial aid at the same time. However, you can get a government loan guarantee for a student loan. You can be paid a housing supplement if you are unable to live in a school dormitory for a specific reason.

Payment date

Kela deposits the study grant into your bank account on the 4th day of the month or on the immediately following business day. For example, if the 4th is a Saturday, the study grant will be deposited on the following Monday.

Read more

Last modified 02/01/2017
Updated 22/04/2016