Students could earn 10,000 kroner more without losing grant

Students in the Faroe Islands could soon earn up to 30,000 kroner a month before their income affects their student grant, up from 20,000 kroner, KVF reports.

Both the governing parties and opposition in the Faroese parliament support the increase. Education Minister Bárður á Lakjuni has submitted the proposal, and all members of parliament’s cultural affairs committee back it. Everyone the committee consulted also supported the change.

The current income threshold has been in place since 2012. Raising it is expected to cost the government 700,000 kroner next year, with the funding included in the proposed 2027 budget.