Study Allowances and Study Loans Act. Ministry of Education and Research supervises the implementation of this law. Based on the Act every school has its own regulation.
Objective(s) and target(s)
To support learners to cover their expenses related to education and training
Year of introduction
Year of termination
No foreseen end to the instrument (on-going)
Governance (management, operation, monitoring and evaluation)
Ministry of Education and Research supervises the implementation of the Study Allowances and Study Loans Act. Based on the Act, VET schools have their own regulations. They are responsible for collecting applications and paying/distributing the allowances.
Education and training eligible
The instrument funds apprenticeship and other types of education and training. It applies to EQF 2-5 (ISCED 251,351,354) levels.
Source of financing and collection mechanism
Financing formula and allocation mechanisms
The maximum amount that an apprentice may receive per year is EUR 600 (EUR 60 per month x 10 months).
The funds are disbursed to the priority applicants (identified through top-down procedures). The grant is transferred to learner's bank account.