Study Guide

Welfare »

Financial Aid for Students


Kela´s services for students

Phone service 020 634 2550
Open weekdays 9-15

More information

Study Grant Services of Oulu University of Applied Sciences will give general guidance for students who receive financial aid: (korvaa # -> @)

Note! Questions regarding the eligibility for financial aid for students should direct to Kela (tel. 020 634 2550 / 020 634 0200).

Financial Aid Months Are Limited

The number of financial aid months you can use for your studies is limited and depends on the extent of your degree programme and when you began your first course of higher education study. You can normally get 9 months of financial aid per academic year. The months of aid are usually September to May. If you wish to have financial aid for summer months, you have to apply it separately.

Make sure that your remaining financial aid months will last until you will graduate. More information »

If you fall ill and cannot study, you can apply for a sickness allowance. If the length of your period of illness is not known or if you know that it will be longer than two months, you should claim sickness allowance. If you are paid a sickness allowance, you can still continue your studies to a certain extent. More information »

Satisfactory Progress

In order to get financial aid, you must make satisfactory progress with your studies. You must complete

  • at least 5 credits on average for each month of financial aid and
  • at least 20 credits in each academic year.

If you receive financial aid for students, Kela will check your study progress every year in October. If you have not made satisfactory progress, you will receive a request letter from Kela about your academic progress. Reply to Kela and explain the reasons for the lack of progress. You may continue to get financial aid if your progress was slowed temporarily and for an acceptable reason.

If you do not reply or the reasons you provide are not accepted, your financial aid can be

  • discontinued or
  • made payable for a specified period of time only.

You may also be required to pay back financial aid, if it is discovered that your study progress has been particularly slow and if it is evident that you never intended to study at all.

More information »

Changes in Circumstances

Remember to notify Kela about changes in your circumstances. You have to notify Kela if you for example move to a new apartment, get married or start living with someone together, have a child, discontinue your studies or study abroad. More information »

Other Incomes

Other income affects the amount of months, during which you can withdraw the financial aid. The income is not checked when the aid is granted, so you must make sure not to exceed the annual income limit. Check your annual income limit »

If your income earned exceeds your annual income limit, repay financial aid by the end of the following April.

Administrator of the page: Raija Pohjola  |  Page updated: May 6th, 2021