Financing

 

How can I finance my studies?

According to the German head organisation of student services,  Deutsches Studentenwerk (20th social survey), in 2012 German students had, on average, a monthly budget of 864 EUR.

You can finance your studies in different ways: by taking on a student job or taking out a student loan (BAföG), with the help of scholarships or financial support from parents/relatives or by taking out a student loan with a bank.

You can find an initial overview of the classic financing opportunities on Deutschen Studentenwerk's website.
There you can also find information on various ways of saving money e.g. TV licence exemptions etc.