Students rejoice! After months of anticipation, the first stipend of the year arrived on 2nd December and over 17,000 students received their first payment of the scholastic year.
December 2nd’s stipend is the first payment of the scholastic year, with students from across Malta and & Gozo spending an entire day checking their phones before receiving the good news.
After secondary school, thousands of students who pursue further education become entitled to a stipend payment every four weeks for a period of 10 months. The aim of the payment is to provide students with financial assistance to compensate for some of the expenses emerging from student life.
Stipends are normally accompanied by a one-time grant towards the beginning of the scholastic year, which usually amounts to €333 for post-secondary students and a minimum of €566 for the majority of university degrees.
A few weeks back, Education Minister Clifton Grima revealed that the government invested €33 million into stipends, with the minister himself pledging to make sure that students’ dreams become a reality.
Did you spend your stipend yet?