Student Financial Aid
Student financial aid is provided by KELA, the Social Insurance Institution of Finland. It is intended to provide an income to students who are not eligible for aid under some other provisions. In order to qualify for student financial aid, you must be a full-time student, make satisfactory academic progress, and be in need of financial assistance.
Non-citizens of Finland can get financial aid for studies in Finland if they live in Finland on a permanent basis for a purpose other than studying. This requires that they are registered as a permanent resident in the Finnish population register system. Applications for financial aid must be accompanied by the appendix form OT10 for foreign residents.
If you come to Finland solely for the purpose of attending a school, you are not entitled to receive the Finnish student financial aid.
Forms of Student Financial Aid
Financial aid is available in the form of study grants, housing supplements and government guarantees for student loans. Study grant and housing supplement are government-financed benefits with monthly payments to the student´s bank. The study grant is subject to tax.