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Check your credits from last year and return student aid if necessary!

08.08.2018

Now is a good time to check whether you earned enough credits during the past academic year (1 August 2017–31 July 2018). In case you do not have enough credits, we recommend returning months of student aid from the spring by the end of August.

Credits and the monitoring of study progress do not affect general housing allowance. A month during which you only received general housing allowance is not considered a month of student aid. Consequently, you do not need to return the housing allowance from the month in question when returning student aid.

Kela annually monitors the study progress of those who have received student aid. You need to have an average of 5 credits per one month of student aid you have received as well as always have at least 20 credits if you have received student aid during the academic year. For example, if you received student aid for 9 months, you need to have at least 45 credits. It does not matter when during the academic year you received the credits, as Kela does not monitor the number of credits earned in individual months.

Unfortunately, returning student aid does not help you, if you completed under 20 credits during the past academic year, as student aid from the autumn term can no longer be returned. 20 credits is the minimum requirement: even if you only received aid in one month, you always need to have at least 20 credits worth of completed courses.

If you do not have enough credits from the academic year 2017–2018, you can still receive student aid if you have completed an average of 5 credits per month of student aid during your entire studies. (However, this does not change the minimum requirement of 20 credits.)

NOTE! The monitoring of study progress now also takes into account earned credits and months of student aid from the previous academic year or the entire course of your studies for unfinished higher education studies. Compared to previous years, a new aspect of the monitoring of study progress is that it takes into account all credits earned and months of student aid used in higher education studies starting from 1 August 2011 at the earliest. In other words, starting new studies after previous studies that you have not completed no longer ‘resets’ the sufficient study progress.

If you do not have enough credits, Kela will send you a letter requesting further information on your insufficient study progress later in the autumn.

Further information on the monitoring of study progress, returning aid and the letter requesting further information can be found here:
https://www.kela.fi/web/en/news-archive/-/asset_publisher/lN08GY2nIrZo/c...
https://www.kela.fi/web/en/study-progress
https://www.kela.fi/web/en/financial-aid-for-students-cancelling-or-payi...

Hannele Kirveskoski
Specialist (subsistence, international affairs)
050 543 9608
hannele.kirveskoski@hyy.fi