Voluntary repayment of student financial aid to increase the annual income limit
Recipients of student financial aid must themselves make sure that they do not exceed the set limit for annual income. Do as follows if you suspect that your incomes in 2023 exceed your annual income limit.
- If your annual income exceeds your annual income limit and you have been a student for the whole year 2023, it is worthwhile to repay student financial aid. When you know the amount of your annual income, you can check the number of months for which you are entitled to financial aid with the help of the .
- If your annual income exceeds your annual income limit and you have started your studies, graduated or used up the maximum number of months of financial aid in 2023, you can check whether you have received too much in financial aid with the help of the . For the calculator you need information on how much income you have had during the months that are not included in the study period. You can check your earnings in the .
- Make the voluntary repayment by 30 April 2024 at the latest.