German Education Student Financing
Studying should not fail because of money. Deutsche Bildung's study financing enables students to realize their study plans at home and abroad - independent of their parents' income and combinable with other forms of study financing.
Young academics can apply for up to 30,000 euros for their study and living costs through the Deutsche Bildung study fund. Later, their income-related payments to the study fund help ensure that the principle of the reverse intergenerational contract works and enable new students to finance their studies.
Things to know about German Education Student Financing
What requirements do I have to fulfill to be able to use the German Education Student Financing?
- To be eligible for student financing, you must have been accepted for a place at the HWG Ludwigshafen (a state-recognized university).
- University entrance qualification or Abitur
- Bildungsinländer or a permanent residence permit
- Age of majority
- No negative Schufa entry
Which courses of study are financed?
All bachelor and master programs of the HWG LU are financed,
How does the flexible financing work?
Flexible payments to finance incurred semester fees/ tuition, living expenses, travel expenses, language courses or learning materials.
Minimum amount for all study programs 3,000 euros to a maximum of 30,000 euros.
Overview
- up to 15,000 euros for Bachelor students
- up to 25.000 Euro for Master students
- up to 30,000 euros for MBA/PhD students
- Monthly payments, semi-annual payments or one-time payments
- Can be combined with BAföG, scholarships and loans
- Independent of parents' income, without guarantors or collateral
How does the repayment work?
A income-dependent repayment plan is agreed upon with Deutsche Bildung, suitable for the respective work and life situation.
Repayment pro rata of subsequent income:
- over 3 to 10 years
- between 3 and 10 percent of gross income
Protection against overindebtedness
- Fixed minimum gross income of 1,500 euros
- Capping by fixed maximum income
- General time buffer of 24 months
- Deferment for further studies
- Deferment during maternity and parental leave
- Unemployment/incapacity (time buffer or repayment if not applicable in the long term)
More information
Application information at https://www.deutsche-bildung.de/studienkredit/?utm_campaign=140
Hotline German Education: +49 (0)69 / 9203945141