Financing

Financing your studies

An important question when choosing a study program is, of course, financing.

 

The advantage of this primary qualifying course is that you will receive training remuneration from the institution where you do the practical study phases, over the entire period of three and a half years and also during the theoretical study phases.

Full speed ahead into the future: your path to success with a training allowance in a dual study program!

Ready to start a bright future? The dual study program not only offers a first-class education, but also an attractive salary that makes your studies a reality and gives you financial independence . In contrast to the classic study models, in the dual study program you receive a training salary from the start, which runs over the entire period (theory and practice) until the end of the course.

A dual study program combines the best of both worlds: practical experience in excellent practical facilities and sound academic knowledge in a recognized university. But that's not all! The training allowance in the dual study program enables you to cover your expenses without having to forego the joys of student life. Whether it's rent, food or leisure activities - you always keep control of your finances while you concentrate on your career.

You will receive your training allowance from the practice facility with which you sign the training contract. An appropriate monthly training allowance is set by the practice facility. You can find out the amount of this allowance from the advertisement and the contact details of the practice facility . We would be happy to support you with this and put you in touch.
So what are you waiting for? Get started now and secure a training allowance in a dual study program. Let's pave the way to your success together!

Public funding

BAföG

With the Federal Training Act (BAföG), the state offers you support to help you get started in your professional future. Depending on your circumstances, you can apply for an interest-free loan. This support goes up to 934 euros per month. As a rule, around 50% of this must be paid back. You can find out whether you are entitled to it and how much it is on the official website bafög.de .

Child benefit

You are entitled to child benefit until your 25th birthday. This is currently 250 euros per month. You are also entitled to this if you receive other support, such as BAföG. You can find further information and apply for child benefit at the following link .

Bundeswehr Career Development Service for Students

There is financial assistance available for soldiers through the Bundeswehr and the relevant career development service. If this option is of interest to you, you can find out more at the following link .

Student loans

KFW education loan

The education loan is another option in case the two options mentioned above do not apply. This is a low-interest education loan from the KfW development bank to finance your tuition fees. The funding amount is max. 300 euros / month over 24 months and repayment begins after 4 years at 120 euros / month. You can find more information at the followinglink.

KFW student loan

This is a low-interest education loan that covers the entire period of study. Not just the 24 months like with the KfW education loan. The loan amount can be higher here, but there are also higher interest rates in this variant. The payout amount can vary between 100 and 650 euros per month. This type of loan is independent of income and assets. The loan must be repaid within 25 years and the minimum rate is 20 euros per month. You can find more information at the following link .

Study Fund of the German Education

As an alternative to the classic student loan, you can use the reverse generation contract to finance your studies. The amount of the repayment depends on your individual financial situation after your studies. Repayment only begins when you reach a minimum gross income. You pay back 8.5% of your gross income every month for a predetermined number of months of contributions. This way you can be sure that you will always be able to afford the repayment, even if your salary is lower. If you are doing further studies/internships, are on parental leave or are unemployed, you can simply suspend repayment. The financing option is independent of your own assets and your parents' income and can be combined with other sources of financing (e.g. BAföG, scholarships, etc.). More information here.

Funding through scholarships

German Academic Scholarship Foundation
The German Academic Scholarship Foundation is one of the largest organizations in Germany that promotes gifted students and is funded by the Federal Ministry of Education and Research. Particularly gifted students receive financial and moral support. You can find more information at the following link .
You can find out what other financing options are at our financing guide.
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