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So now that university degrees in Finland are no longer free of charge for non-European Union and non-European Economic Area citizens it is very important to know what kind of scholarships are at your disposal in this video we will look at the scholarships that you can apply for specifically when studying at Alto University what's up guys its Oliver here and welcome back to the channel on this channel I post videos about education entrepreneurship as well as early career development specifically in Finland so if you're new here to consider subscribing so as mentioned today we're talking about the scholarship options specifically meant for those who are either already studying at or applying to our University this video is actually just a part of a series of videos about scholarships in Finland the reason I'm splitting this topic into multiple videos is simply put that most of the relevant scholarships in Finland are granted by individual universities so going through all of them in a single video is almost impossible, so before I actually go into individual scholarships there are two general rules that are really, really important to know, so first none of the scholarships provided by all to university actually cover living costs so do take that into account when you're planning your finances second do note that if the combined value of your grants and scholarships exceed the amount of twenty thousand four hundred and sixty-one euros and seven to one cent per calendar year the exceeding amount will be subject for taxation in Finland, so the first scholarship program is called the Alta university scholarship program this is actually the official scholarship program granted by other University these scholarships are allocated on the basis of academic evaluation of the applicants, and they were either covered 100 percent or 50 percent of your tuition fee if awarded this will also cover exchange studies or an international internship if you include one into your degree so the big downside of the alt university scholarship program is that if you can only apply for it with the same application form that you used to apply to your degree program also do you know that there are no reserved list for the scholarships and the decisions cannot appeal the ones they have been made, so the second scholarship at Aldo is the incentive based scholarship basically this is a 1500 year of scholarship that is meant to reward students that have done good progress in their studies it is granted for those students who have completed at least 60 credits during one academic year, but the cool thing is that this scholarship can be granted multiple times so do remember to apply for it every single year also good to know this scholarship is paid to the students at the end of the autumn term or upon graduation if you basically finish your studies before the end of autumn lastly the application for this scholarship happens at the end of the spring term so if you are a current...
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