SG and HS are available only if the student’s income is below EUR 11 850/year. This is not an absolute maximum but refers to a typical situation where the student receives aid for nine months: For each month during which you receive study grant or housing supplement, the exempt amount is on average EUR 660, and for each aid-free month EUR 1 970. Assuming that you received aid for 9 months, you would be allowed to have up to EUR 11 850 a year in other income. The income may be earned at any time during the calendar year.
Study loans of EUR 300/month are government guaranteed. Higher education students admitted from who graduate in the normative time are entitled to tax deduction for study loans.
Hence, a common amount is EUR 7 196 (of which EUR 2 700 is a student loan, which is used only by 40 % of students in higher education)
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Finland – grants and loans
Hence, a common amount is EUR 7 196 (of which EUR 2 700 is a student loan, which is used only by 40 % of students in higher education) |
Study grants (SG), for which a certain number of credits are required, are universal for the regular length of study. Amounts range from EUR to /month and depend on age and whether the student lives with parent(s) as well as on the date of starting the studies.
The maximum amount is EUR /month. HS is an integrated part of the State’s student financial aid programme, and aims to better match support to real need (i.e. less support for those students who have lower housing costs). From the student perspective, the distinction between study grant and housing supplement is therefore largely theoretical. SG and HS are available for nine months only if the student’s income is below EUR 11 850/year. This is not an absolute maximum but refers to a typical situation. For each month that the study grant or housing supplement is received, the exemption amount is on average EUR 660, and for each aid-free month EUR 1 970. Assuming that astudent receives aid for 9 months, (s)he would be allowed to earn up to EUR 11 850 a year in other income. The income may be earned at any time during the calendar year. SG and HS can be taken for 12 months a year, but typically they are taken for 9 months. Hence, a common amount is EUR (of which EUR 3 600 is a student loan, which is used only by 40 % of students in higher education). The maximum is EUR 11 . Hence, a common amount is EUR 7 196 (of which EUR 2 700 is a student loan, which is used only by 40 % of students in higher education)
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Student loans of EUR 400/month are government guaranteed. Higher education students who graduate within the target time can be entitled to student loan tax deduction (for studies that started prior to 1.8.2014) or compensation (for studies that started on 1.8.2014 or after).
Hence, a common amount is EUR 7 196 (of which EUR 2 700 is a student loan, which is used only by 40 % of students in higher education) |
Finland – grants and loans
Hence, a common amount is EUR 7 196 (of which EUR 2 700 is a student loan, which is used only by 40 % of students in higher https://worldpaydayloans.com/payday-loans-wi/hayward/ education) |
Only full-time students are eligible for student support. The maximum annual aid is EUR 11 . A common amount is EUR (of which EUR 3 600 is a student loan).
Study grants (SG), which require the completion of an average 60 credits per year, are universal for a maximum of 64 months. Amounts depend on age and whether the student lives with parent(s). Typically, for students over 18 years living on their own the maximum is EUR . For students under 20 years living with their parents, the typical range is between EUR 62- per month. Hence, a common amount is EUR 7 196 (of which EUR 2 700 is a student loan, which is used only by 40 % of students in higher education) |
