Grants

The Yrjö Jahnsson Foundation awards grants to individuals, research groups and organizations.

The May Application Period

Every May, applications are accepted for grants for first- and second-year doctoral studies in economics. Only the applicants appointed by their University’s Departments of Economics are eligible to apply for a grant. The next Application period is 10.-21.5.2021. The application period ends at 2 pm on the last day of the Application period.

Instructions on how to apply will be posted here when the application period starts.

The applicants must comply with the the Grant guidelines of the Yrjö Jahnsson Foundation.

Applications are submitted online.

Access the Online Grant Service

The September Application Period

Every September, applications are accepted for grants for research in economics, medicine and health economics. The next application period is 1.-30.9.2020. The application period ends at 2 pm on the last day of the application period.

Eligible Applicants

All Finnish nationals, as well as people and organizations residing or working in Finland are eligible to apply for the grants. Others may be as well, provided their application demonstrates clear, strong ties to Finnish science.

Types of Grants

The personal working grants are intended for doctoral or postdoctoral studies, and the expenditure grants are intended for institutions or research groups.

References

The grant applicant must ask his/her supervising professor to submit an online reference/statement by the end of the application period. The references are processed confidentially.

A reference from the supervising professor is only required in the following cases:

  1. the applicant is applying for funding for the second-year graduate studies in economics or
  2. the applicant is applying for funding for graduate studies in medicine AND has not produced scientific publications as of yet.

Access the Online Reference Service

How to Apply

Applications are submitted online. Late applications will not be considered. Applications may be written in English.

The applicants must comply with the Grant guidelines of the Yrjö Jahnsson Foundation.

Grant decisions will be published on the website of the Foundation on December 16, at 7 pm. The applicants will also be notified by email.

Access the Online Grant Service


Grant guidelines

Personal Working Grant

The personal working grants are intended to cover the grantee’s living expenses during the grant period. A one‐year grant for PhD students in Finland amounts to approx. €24,000 (€2,000 per month) and for post‐doctoral researchers to approx. €32,000 (€2,667 per month). These amounts include the MELA payments. Other costs, such as the overheads paid to a university or data-related costs, may be added and they must be stated in the application.

The size of a grant for studies/research abroad depends on the target country and other costs, which need to be stated in the application. The guidelines of the Academy of Finland for mobility grants (Suomen Akatemian liikkuvuusapurahojen mitoitusohje) can be used in calculating the budget. For more information, please see www.aka.fi/en.

The grantee cannot be in full‐time paid employment while in receipt of the grant, but part‐time employment of approx. 25% of full‐time equivalent is permitted. In addition, the grantee may receive only one full‐time grant at a time.

The Foundation does not fund salaries if the applicant is eligible for a grant.

Expenditure Grant

The xpenditure grants are awarded to institutions or research groups to cover expenses arising from research projects. These grants are intended to cover costs, such as the salaries of data assistants who cannot apply for personal working grants.

Purpose and Grant Period

The grant may only be used for the purpose stated in the grant decision. In addition, the grant may only be used during the period stated in the application. The grant cannot be transferred to a third party.

Changes to the purpose or the period are possible only with the consent of the Foundation. The grantee must send the Foundation a written application stating the desired changes and the reasons for them. The grantee must immediately inform the Foundation by email (toimisto@yjs.fi) if his/her studies or research are interrupted.

Payment Schedule

The grantee must complete a payment schedule form in the Online Grant Service. For this, the grantee will need a numerical code which can be found in the grant approval letter.

The payment date is the 15th day of the month (or the following banking day if hte 15th falls on a Saturday or Sunday). The grant is paid to a Finnish bank account held by the grantee. A payment request for the following month must be submitted in the Online Grant Service before the end of the month. Payments are not made in July.

The payments are usually disbursed evenly over the grant period, with each payment generally  amounting to €4,000–10,000. A one-year grant is disbursed into four payments. The grants for study abroad and grants paid to institutional bank accounts may be paid in full in single payment.

The payments for to first‐year doctoral studies are usually made in September, November, February, and April. The grantee must provide a report on the progress of his/her studies by the end of January by email (toimisto@yjs.fi). Payments will continue after the report has been provided.

Access the Online Grant Service

Reporting on Grant Use

The grantee shall compile a written report on how the grant was used, which courses were taken, and the results of the study. The final report must reach the Foundation within one year from the completion of payment of the grant. The report is submitted through the Online Grant Service.

In some cases, such as grants for first year doctoral studies, the Foundation requires progress reports during the grant period; these reports can be submitted by email (toimisto@yjs.fi) by the end of January.

Access the Online Grant Service

Cancellation

The grantee must complete a payment schedule form in the Online grant service or contact the Foundation within a year of the grant decision. Otherwise, the Foundation considers the grant cancelled. In addition, if sums remain undrawn three years after the grant decision date, the Foundation considers the rest of the grant cancelled.

If the grant is not used in accordance with these grant guidelines, the grantee can be asked to repay funds to the Foundation.

Grant Announcement

The Foundation will publish announcements of all the grants awarded.

Mentioning the Foundation’s grants in academic studies and publications, and including them in CVs is generally considered a good practice.

Taxation

The grantee must declare the grant in his/her annual declaration to the Finnish Tax Administration. The Yrjö Jahnsson Foundation is also required to provide annual tax notifications about all grants awarded by the Foundation.

For more information, please see the official website of the Finnish Tax Administration www.vero.fi.

Social Security

The grantee must contact the Farmers’ Social Insurance Institution (MELA) to arrange and pay for insurance coverage if the grant covers at least four months of continuous work. The Yrjö Jahnsson Foundation is also required to notify MELA and to provide them with information on all the grants awarded by the Foundation.

For additional information, please see the official MELA website at www.mela.fi