Parental income

The income of your parents may affect your eligibility for financial aid and the amount you can get. Use this financial aid calculator to check if and how much financial aid you can get.

Secondary education

If you are under 18 years of age and live with your parents, their income may reduce or increase your financial aid or prevent you from getting it. You are considered to be living with your parent if you and your parent or parents live in the same flat or house. See whose income affects financial aid.

In the following situations, financial aid is not affected by parental income:

  • You are 18 years or above and living independently, i.e., not living with your parents.
  • You are married.
  • You have a guardianship of a minor child.

The effect of parental income changed from 1 August 2019. Parental income does not decrease the basic amount of the study grant or the housing supplement, nor hinder the granting of these benefits to students under 18 years of age who do not live with their parents. If you are under 18 years of age, live independently and have not yet claimed student financial aid, you should claim financial aid.

The following income limits and other eligibility criteria apply to the student financial aid as of 1 August 2019.

Please note, however, that not all students in secondary education can receive supplementary allowance for the purchase of study materials. The tabels do also not take into account the housing supplement since only a small proportion of the students can be granted the supplement. The student’s age or the parents’ incomes do not affect the eligibility for housing supplement.

If you are under 17 and live independently

Parental income, EUR per year Effect on financial aid
41,100 or less supplementary allowance for the purchase of study materials and student loan
41,101 - 64,400 student loan
64,400 or more not eligible for financial aid

You cannot get any other kind of study grant because child benefit is paid for you.

If you are 17 years old and live independently

Parental income, EUR per year Effect on financial aid
41,100 or less study grant at an increased rate, supplementary allowance for the purchase of study materials and student loan
more than 41,100 study grant at the basic rate and student loan

If you are 18 or over and live independently

Parental income, EUR per year Effect on financial aid
no effect study grant at the basic rate and student loan

If you are under 17 and live with your parent(s)

Parental income, EUR per year Effect on financial aid
41,100 or less supplementary allowance for the purchase of study materials
more than 41,100 not eligible for financial aid

You cannot get any other kind of student financial aid because child benefit is paid for you.

If you are 17 years old and live with your parent(s)

Parental income, EUR per year Effect on financial aid
41,100 or less study grant at an increased rate, supplementary allowance for the purchase of study materials and student loan
41,101 - 44,069 study grant at the basic rate and student loan
44,070 - 64,399 study grant at a reduced rate and student loan (with some exceptions)
64,400 or more not eligible for financial aid

If you are 18–19 years old and live with your parent(s)

Parental income, EUR per year Effect on financial aid
41,100 or less study grant at an increased rate, supplementary allowance for the purchase of study materials and student loan
41,101 - 44,069 study grant at the basic rate and student loan
44,070 - 64,399 study grant at a reduced rate and student loan (with some exceptions)
64,400 or more student loan, no study grant

If you are 20 or over and live with your parent(s)

Parental income, EUR per year Effect on financial aid
41,100 or less study grant at an increased rate and student loan
more than 41,100 study grant at the basic rate and student loan

The study grant and housing supplement are not granted if the amount of either or both combined would be less than EUR 8.40 per month.

Higher education students

You can get the study grant at a higher rate if

  • you are 17 years old or live with your parents, and
  • your parents' income does not exceed EUR 41,100 per year.

Your parents' income cannot reduce your financial aid or make you ineligible for it. It does not affect the government guarantee for a student loan or the housing supplement for the student financial aid. The housing supplement is only available to students who are studying abroad or in the Åland Islands and live in rental accommodation. Students in higher education cannot be granted supplementary allowance for the purchase of study materials.

Reporting income

Information about your parents' income is provided to Kela by the Tax Administration, so you do not have to report it to Kela. When checking your parents' income, Kela refers to their income for the most recent completed tax year. For example in 2019 Kela checks your parents' income for 2017.

Kela adjusts your financial aid automatically once per year based on tax information received from the Tax Administration. Tax information is updated at the beginning of each year. For example, information for tax year 2018will be used starting from January 2020.

If your parents' total current income is at least 20% lower than in the most recent completed tax year, the current income can be used to calculate your financial aid. In that case, do as follows:

  1. Explain in the application for financial aid or the notification of changes why the income is now lower. We usually check the incomes for the coming 12 months.
  2. Include documented proof of the current income of each of your parents.
    • As of 1 January 2019, Kela obtains salary information from the national incomes register. Kela uses this data when processing claims and applications. You will be contacted if additional information is required.
  3. If your parent is insured under the Self-Employed Persons' Pensions Act (YEL) or the Farmers' Pensions Act (MYEL), no documentation is needed about their current income from self-employment. In such cases, we will use the reported YEL or MYEL incomes.

If your parents' income is now higher than in the most recent completed tax year, you do not have to report it to Kela.

What types of income affect financial aid?

Financial aid is affected by your parents'

  • taxable earnings and capital income according to the Income Tax Act. Taxable incomes usually refer to gross incomes from which no deductions have been made. The definition of income is the same as in the income review concerning the student’s own incomes.
  • foreign income if comparable income would be taxable in Finland. Report your parents' foreign income in the application for financial aid or the notification of changes.

In the student financial aid for 2018 and previous years, parental income was taken into account as net earnings or net capital income. The net income is calculated by subtracting work-related deductions such as the basic deduction from gross income.

More information is available from the Tax Administration.

Whose income affects financial aid?

Financial aid is affected by the income of

  • your biological parents or
  • your adoptive parents.

The income of foster parents or grandparents does not affect financial aid.

If your parents are divorced or permanently separated, Kela checks the income of the parent with whom you are living or with whom you last lived. If you last lived with both of your parents, Kela checks both of their incomes.

If you are under 18 and living with your parent and his/her new married spouse, the income of your parent’s new spouse affects your financial aid. If you parent has a live-in partner, his or her income does not affect financial aid.

More information