The launch of the last two indexes (October and April) and an “additional” envelope of 10 million euros will give oxygen to students who benefit from scholarships in Luxembourg from September. Here are all the numerical details.
Thanks to the launch of the new index from 1 April 2022, all incomes in Luxembourg will soon rise and the amounts of various scholarships awarded to students will be revised upwards for the beginning of the school year in September.
As decided after the tripartite agreement signed a few days ago (without OGBL condemning “manipulation of the index”) the Government planned an additional financial envelope of 10 million euros from the academic year 2022-2023. This is intended to give an additional incentive to students (in addition to the index from October 2021 and April 2022), considering that the social partners have agreed to postpone the new tranche of the index, which is normally scheduled for August.
Higher Education Minister Claude Meisch and representatives of the Association of Student Circles (ACEL) met several times to distribute the “extra” envelope and work out the details. here they are new semi-annual amounts various scholarships:
“It was and remains important to us that the students are not forgotten in the current situation, which is more difficult on many levels, and that they are supported accordingly.“, emphasizes Polina Bashlay, president of ACEL. Insisting on the importance of “to act and react quickly and efficiently“.
In the end, basic scholarship will go from €1,050 (for 2021-2022) to €1,142 from the next school year. It is €92 more which is explained by the 52 euros directly related to the last two index increases (October 2021 and April 2022) and by the 40 euros allocated through the “additional” envelope.
The amount is quite significant for a shutter”mobility grant“since it will increase by 134 euros for students enrolled in a university or school abroad.
The grant based on social criteria may include part of the grant and part of the loan depending on the annual income of the household to which the student belongs. This translates to ua gradual increase due to an additional envelope of €50 part of social assistance for income less than or equal to 4.5 times the gross amount of the minimum social wage (SSM) and up to 115 euros for income less than the gross amount of the minimum social wage.
Here is a table for better identification:
More good news for students: a to increase will now apply to full registration fees up to €3,800 per academic year (50% for grant and 50% for loan). The first 100 euros of the registration fee that students have paid so far are therefore covered.
Students in “serious and exceptional” situations and facing “exceptional workloads” will double annually. It moves from €1,000 to €2,000 at the moment. As is currently the case, this increase is added at the rate of 50% to the basic grant and at the rate of 50% to the loan and this is decided by the minister after consultation with the advisory committee.