Prime Minister Petteri Orpo's Government, which started its work in summer 2023, will launch an overhaul of the student financial aid system. The overhaul will examine the level of study grants, the size of student loans, the amount of student loan compensation, tax-exempt income thresholds, the status of students with families, and housing support.

The Government will assess the adequacy of income limits and consider the possibility of raising them in connection with its mid-term policy review session. Better alignment of apprenticeship training and student financial aid will also be reviewed.

The Government will also implement an overall reform of the general housing allowance. With regard to students, the Government will develop a financially attractive option to complement the general housing allowance that will favour shared student housing.