Anna-Maja Henriksson, the chairperson of the Swedish People's Party, has demanded that the income limits imposed on higher education students be raised.
“The previous time the income limits of students were raised was in 2008, from 550 euros to 660 euros per month of benefits. The penalty interest for repayment is 15 per cent,” she reminds in a press release.
Henriksson argues that in light of the “excessive” cuts in student financial aid introduced by the Government of Prime Minister Juha Sipilä (Centre), maintaining the current income limits is paradoxical because they effectively inhibit the opportunities of students to work while studying.
Students who exceed the annual income limit are required to repay student financial aid to the Social Insurance Institution of Finland (Kela).
“The penalty interest charged for repaying student financial aid is also excessively high. Many working hours are lost annually as a result of the red tape associated with aid repayments,” argues Henriksson.
Students are currently allowed to earn a maximum of 660 euros in months they received either one or both of the benefits disbursed to students – the financial aid for students and housing supplement – and 1,970 euros in months they received neither of the two benefits.
Aleksi Teivainen – HT
Photo: Heikki Saukkomaa – Lehtikuva
Source: Uusi Suomi