110:. Most student financial aid is paid to students in tertiary education, but smaller amounts are available also on the secondary level. Student benefits are independent of parents' income in tertiary education for students over the age of 20 who live alone. In tertiary education, students in bachelor's and master's programmes qualify for financial aid. Only those months spent actively studying are supported; i.e. in summer, benefits cease unless a special summer studying plan is submitted and followed.
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run by foundations and student unions, and cannot accommodate all students. The state secures student loans (from private banks) for up to €400 per month. Student meals are supported by €1.94 per meal and available for example on (privately operated) student cafeterias on campus, thus the effective price is about €2-3.
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The benefits were raised in 2008 and 2014: in 2008 the direct support was increased by 15% and the income limits were raised by 30%; in August 2014 the direct support was raised by approx. 1.3% for those already studying and 11% larger for those starting their studies in 2014 accompanied by a 5-month
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303.19 per month for those who have started their studies before autumn 2014 and €336.76 for people starting their education in autumn 2014 or later. Rent support is 80% of rent or maximum €201.60. The state or the universities generally do not provide student accommodation. Dormitories are usually
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Persistent failure to progress in studies ultimately leads to the termination of student benefits. Likewise, when evaluated on a yearly basis, income of over €660 per month on supported months and over €1,970 per month on unsupported months reduces the student benefit. Typically, nine months are
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decrease in the period of financial aid and a €100 increase in the student loan security. Despite this, students often find the benefit insufficient, thus working while studying or spending the entire summer at summer jobs is popular. Student loans are less popular than elsewhere.
37:) that provide economic security to students and enable all students to study. Almost all Finnish students receive financial aid, including foreigners who are permanent residents or EU citizens. It is available in the form of:
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a housing supplement (starting 1 August 2017, available only to those who are studying abroad or enrolled in a tuition-based programme at a folk high school or sports institute and living in the school dormitory).
86:. Student benefit is paid by the state to all qualifying students, excluding only those with full-time employment and income, and is thus distinct from an individually evaluated
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Student benefits are available to
Finnish citizens. They are not available for students entering the country for the sole purpose of studying.
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For students in tertiary education, the figures are as follows. Direct monetary support for students over the age of 20 who live alone is
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78:. Similar systems, some of which are older, exist in some other countries where education is free of charge, e.g.
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Secondary and tertiary education is free of charge in
Finland. Monetary support is paid by the government agency
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supported and three summer months are not, which gives a maximum annual income of €11,850.
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In year 2019 each
Finnish student had approximately 8,200 euros in student debt.
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In addition, Finnish students enjoy several kinds of student benefits such as:
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The qualifying conditions for student financial aid are:
312:"Pohjoismaisten opiskelijoiden opintolainojen määrät"
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in
Finland consists of government payments (through
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Partially state-funded meals at student cafeterias.
51:students are eligible for general housing benefits
27:Assistance for paying for education in Finland
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286:"Changes as of 1 August 2014 - kela.fi"
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310:Korhonen, Juuso (September 23, 2019).
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142:College tuition in the United States
201:Financial aid for foreign students
177:Student loans in the United States
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44:a government-backed student loan
18:Student financial aid (Finland)
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70:need of financial assistance.
214:"Financial aid for students"
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347:Social security in Finland
172:Student loans in Germany
152:Post-secondary education
337:Student financial aid
61:admission to a school
31:Student financial aid
332:Education economics
74:They are a kind of
232:"Housing benefits"
157:Private university
352:Welfare economics
67:academic progress
16:(Redirected from
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342:Education policy
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64:full-time study
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292:on 2014-08-19
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250:"Study grant"
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41:a study grant
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294:. Retrieved
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182:Tuition fees
167:Student loan
162:Student debt
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88:scholarship
326:Categories
296:2014-08-18
188:References
268:"Income"
136:See also
272:kela.en
254:kela.en
236:kela.en
218:kela.en
102:Details
80:Germany
147:EdFund
84:Sweden
108:KELA
82:and
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115:€
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