diff --git a/src/oph/heratepalvelu/common.clj b/src/oph/heratepalvelu/common.clj
index 3dfb0976..fb7b842d 100644
--- a/src/oph/heratepalvelu/common.clj
+++ b/src/oph/heratepalvelu/common.clj
@@ -292,10 +292,18 @@
                         :tyyppi_kausi   [:s (str tyyppi "/" laskentakausi)]}))))
 
 (defn valid-herate-date?
-  "onko herätteen päivämäärä aikaisintaan 1.7.2022?"
+  "onko herätteen päivämäärä aikaisintaan kuluvan rahoituskauden alkupvm
+  (1.7.)?"
   [heratepvm]
   (try
-    (not (.isAfter (LocalDate/of 2022 7 1) (LocalDate/parse (or heratepvm ""))))
+    (let [current-year (.getYear (local-date-now))
+          rahoituskausi-alkuvuosi (if (< (.getMonthValue (local-date-now)) 7)
+                                    (dec current-year)
+                                    current-year)
+          rahoituskausi-alkupvm (LocalDate/of
+                                  ^long rahoituskausi-alkuvuosi 7 1)]
+      (not (.isAfter rahoituskausi-alkupvm
+                     (LocalDate/parse (or heratepvm "")))))
     (catch DateTimeParseException e
       (log/warn "Bad date" heratepvm)
       false)))
diff --git a/test/oph/heratepalvelu/common_test.clj b/test/oph/heratepalvelu/common_test.clj
index 4c3395cf..f2196be3 100644
--- a/test/oph/heratepalvelu/common_test.clj
+++ b/test/oph/heratepalvelu/common_test.clj
@@ -1,6 +1,6 @@
 (ns oph.heratepalvelu.common-test
   (:require [clojure.test :refer :all]
-            [oph.heratepalvelu.common :refer :all]
+            [oph.heratepalvelu.common :refer :all :as c]
             [oph.heratepalvelu.test-util :refer :all]
             [clj-time.core :as t]
             [clojure.string :as str])
@@ -199,13 +199,18 @@
                           "arvizturo_tukorfurogep"))))
 
 (deftest test-valid-herate-date?
-  (testing "True if heratepvm is >= 2022-07-01"
-    (is (true? (valid-herate-date? "2022-07-02")))
-    (is (true? (valid-herate-date? "2022-07-01")))
-    (is (not (true? (valid-herate-date? "2022-06-01"))))
-    (is (not (true? (valid-herate-date? "2022-07-01xxxx"))))
-    (is (not (true? (valid-herate-date? ""))))
-    (is (not (true? (valid-herate-date? nil))))))
+  (testing "True if heratepvm is >= [rahoituskausi start year]-07-01"
+    (with-redefs [c/local-date-now (constantly (LocalDate/of 2023 6 22))]
+      (is (true? (valid-herate-date? "2022-07-02")))
+      (is (true? (valid-herate-date? "2022-07-01")))
+      (is (not (true? (valid-herate-date? "2022-06-01"))))
+      (is (not (true? (valid-herate-date? "2022-07-01xxxx"))))
+      (is (not (true? (valid-herate-date? ""))))
+      (is (not (true? (valid-herate-date? nil))))))
+  (testing "Not true if heratepvm is < [rahoituskausi start year]-07-01"
+    (with-redefs [c/local-date-now (constantly (LocalDate/of 2023 7 22))]
+      (is (not (true? (valid-herate-date? "2022-07-02"))))
+      (is (not (true? (valid-herate-date? "2022-07-01")))))))
 
 (deftest test-sisaltyy-toiseen-opiskeluoikeuteen
   (testing "Sisältyy toiseen opiskeluoikeuteen"