Aalto University offers various financial aid options to support students in managing their education and living costs. These aids include scholarships for tuition fee waivers, relocation grants, and external funding opportunities. Financial aid is primarily available for non-EU/EEA students, as EU/EEA students are exempt from tuition fees.

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1. Aalto University Scholarships

Tuition Fee Waivers

• Eligibility: Open to non-EU/EEA students enrolled in tuition-based bachelor’s or master’s programs.
• Coverage:
  • 100% waiver: Covers the full tuition fee.
  • 50% waiver: Covers half the tuition fee.
• Application: Indicate interest during your program application on the Studyinfo Portal.

Finland Scholarships

• Eligibility: First-year non-EU/EEA master’s students.
• Benefits:
  • 100% tuition fee waiver.
  • A €5,000 relocation grant to support living expenses in the first year.
• Continuation: Renewal in the second year depends on the student meeting academic performance criteria.

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2. KELA Student Benefits (For Residents of Finland)

• Eligibility: Available for students living in Finland who meet Finnish social security requirements.
• Benefits:
  • Study Grant: Approximately €250–€350 per month.
  • Housing Allowance: Up to €400 per month, depending on housing costs and income.
• Application: Submit an application through KELA.

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3. External Scholarships and Grants

• Finnish Government Scholarship Pool:
  • Open to students from eligible countries.
  • Provides funding for academic and research purposes.
• Private Foundations and Organizations:
  • Numerous Finnish and international foundations offer grants and scholarships for students pursuing studies in Finland.
  • Examples include the Finnish Cultural Foundation and the Fulbright Finland Foundation.

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4. Student Loans

• Available through Finnish banks and supported by the Finnish government for students who qualify.
• Loan Guarantee: Offered by KELA, making it easier for students to secure loans.

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How to Apply

1. During Program Application:
   • Indicate your interest in scholarships on the Studyinfo Portal.
2. Submit Supporting Documents:
   • Academic transcripts.
   • Motivation letter (detailing financial need and career goals).
   • Proof of financial status (if applicable).
3. Monitor Deadlines:
   • Scholarship applications typically align with program deadlines (November to January).

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Further Information

• Aalto University Scholarships
• KELA Student Benefits
• Study in Finland - Scholarships

Aalto University’s financial aid options ensure that talented students from around the world can access its high-quality education, regardless of their financial circumstances.