Overpaid student financial aid can be repaid during April 2023
Students whose 2022 income exceeds the annual limit can return overpaid financial aid payments by the end of April.
The overpaid financial aid, i.e. study grant and housing supplement, must be repaid at the latest by Sunday, 30 April 2023. The annual income limit and the voluntary repayment provision do not apply to the general housing allowance.
Students whose income exceeds the annual limit and who do not return excess aid will be required to pay back the aid to Kela. In that case, the amount to be repaid is 7.5% higher than when the student repays financial aid voluntarily.
Students who are unsure what their annual income limit for 2022 has been can check the limit in the OmaKela e-service.
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