Many students to lose housing benefits in August
Most students in higher education may not be able to get housing benefits in August, said the national social insurance institution-Kela in a press release on Thursday.
Students will be transferred to a new student housing supplement scheme at the beginning of the 2025–2026 academic year.
Starting from 1 August, the majority of students will be paid the housing supplement for students as their housing benefit, and they must apply for the student housing supplement separately.
This means that students will no longer qualify for general housing allowance after 31 July 2025, and many students in higher education will not be paid any form of housing benefits in August.
“If you are a student and you could not get a job for the summer or if you have nothing left over from your summer job wages, you can do summer studies and apply for both student financial aid and the student housing supplement for August. The other option is to draw down your student loan because the first instalment for the coming academic year becomes available at the beginning of August. This means that you can use your student loan to cover your housing costs in August,” said Sari Miettunen, Coordinator at Kela.
Students can freely decide whether you want to take out a student loan and how much students want to draw down at a time.
The entire loan amount does not need to be drawn down in one go, which means that you can, for example, decide to draw down just enough to cover your housing costs in August.
Even if students cannot get any other student financial aid in August, they can draw down your student loan.
Kela has issued decisions on student loan guarantees for the next academic year.
The decisions have been sent to over 113 000 students who continue their studies in autumn. If students already have a student financial aid case pending at Kela, they will receive a decision on the loan guarantee in connection with the processing of your financial aid case.
“Students must agree with their bank on when and how they will draw down their student loan and on a schedule for paying it back. Because the loan is guaranteed by Kela, students do not have to put up any other security for the student loan,” said Miettunen.
- Students
- Lose
- Housing benefits
Source: www.dailyfinland.fi