Page 1 Financing of studies and the status of students Regular students at Finnish universities or polytechnics do not have to pay for tuition or for taking a degree. Adult education is, however, subject to a charge.
Students can apply for financial assistance from public funds.
The present system of financial assistance for education was established in 19921994. Student loans are granted by banks and guaranteed by the State. Financial aid is granted for the duration of full-time studies but is subject to a maximum of 70 months. At universities financial aid is granted for 55 months for studies towards a Master's degree. At polytechnics financial aid is available for 45 to 55 months depending on the extent of the degree.