Approx. SEK 28.3 billion from the central government budget for 2021 is to go to the expenditure area Financial Aid for Studies. The Riksdag has voted in favour of the Government's proposal on how the money is to be distributed within the expenditure area. The proposal is based on an agreement between the Social Democratic Party, the Centre Party, the Liberal Party and the Green Party.
Most of the money, approximately SEK 20.2 billion, will go to student aid. More than SEK 4.3 billion will go to study allowances.
The Riksdag has also voted in favour of an amendment to the Student Aid Act which will mean that in the event of extraordinary events in peace time the Government can decide that a higher amount than normal in the form of an extra loan may be provided to those who have previously been in work, also known as a supplementary loan.
The Riksdag decides on the central government budget in two stages. First, the framework is decided on for the 27 expenditure areas in the budget. The Riksdag took this decision on 25 November 2020. After this, the second step is for the Riksdag to decide how the money is to be distributed inside each expenditure area. This is the second step in the decision-making process.