A student in an institution of higher education – I am a first year student in an institution of higher education. I am working and have no income. Am I obliged to pay insurance contributions to the National Insurance Institute?

​If you are studying in an recognized education institution and you do neither work nor have incomes exceeding 5% of the Average Wage under National Insurance LawUnder the National Insurance Law, the average wage is calculated according to a method determined in the Law, on January 1st of every year, and afterwards each time that a compensation is paid., you must pay national and health insurance contributions as a student. Insurance contributions for student amount to NIS 163 (as of Jan 01, 2025) per month.