For students there are multiple ways to finance their studies. This subject is very comprehensive and requires comprehensive information. On this page we would just like to give you the first basic ideas to work with. Students with limited financial resources are strongly advised to seek out objective advice on this subject. Private consultants usually have their own interests at heart and not those of the student.
Before starting your studies in Germany it is important to think about the financing of the studies in details and inform yourself about different financing possibilities! Often scholarships are limited and do not cover all living expenses for the whole studies in Germany. The social benefit "BAföG" is also only available for foreign nationals with a long-term residential perspective in Germany.
Those that believe studying is difficult to finance should not instantly despair. There are many different funding options and we have listed some of them in the links below.
The following links offer a non binding list of financing possibilities:
- State funding for students: Bundesausbildungsförderungsgesetz ("BAföG"): www.bafög.de (just available in German language) Information in English language can be found here: https://studentenwerk.sh/en/finance-overview#BAf%C3%B6G
- Student loans: https://studentenwerk.sh/en/student-loans
- Study Start-Up assistance grant: https://studentenwerk.sh/en/study-startup-assistance
- Interim financial Aid for students: https://www.studentenwerke.de/en/content/faqs-students
- Funding for talented students: Stipendium Plus - Begabtenförderung im Hochschulbereich: www.stipendiumplus.de (mostly available in German language)
- Grant Database of the German Academic Exchange Service (DAAD): www.daad.de/deutschland/stipendium/datenbank/
- Educational guidance for immigrants: Bildungsberatung Garantiefonds Hochschule: https://bildungsberatung-gfh.de/wen/
- Degree completion grants: Once you have become a student wih us, you can apply for our degree completion grants (funded by the DAAD) every semester. All of our international degree-seeking students will receive the call for applications via the Moodle course of the International Office.
- Private funding foundations:
- Otto Benecke-Stiftung: https://www.obs-ev.de/en/
- Funding for talented students: Reemtsma-Begabtenförderungswerk: https://reemtsma-stipendium.de (just available in German language)
- Dr. Arthur Pfungst-Stiftung: http://pfungst-stiftung.de (just available in German language)
- Kölner Gymnasial- und Stiftungsfond: www.stiftungsfonds.org (just available in German language)
- MTU Studien-Stiftung: www.mtu-studien-stiftung.org (just available in German language)
Students are generally allowed to work while studying in Germany. There are, however, some rules and regulations that you have to pay attention to when working as a student. Please consider the following links to learn about working in Germany: