STUDENT Finance funding for students in Germany
Berlin:

Studierendenwerk: 500 euros for students in need

Berlin students in an acute financial emergency can apply for a one-time aid of EUR 500 from the Studierendenwerk. Because of the Corona crisis, many students would have lost their part-time jobs, spokeswoman Jana Judisch said on March 30, 2020 in Berlin. The money is paid from the emergency fund. 120,000 euros are available. The students would have to prove that they are in an acute emergency but have the prerequisites for a further successful course of study. The applications are processed chronologically after receipt. The application form can be downloaded from www.stw.berlin/notfonds

https://www.berlin.de/special/jobs-und-ausbildung/uni-und-studium/news/berlin/6125895-5507655-500-euro-fuer-studenten-in-not.html

According to Judisch, around 71 percent of Berlin students work on the side to finance their studies. The Studierendenwerk grants funds for students in need every year from this emergency fund. In 2018, 54 of them applied, in 2019 there were 64 students

Source of information :

https://www.berlin.de/special/jobs-und-ausbildung/uni-und-studium/news/berlin/6125895-5507655-500-euro-fuer-studenten-in-not.html

For students loans useful link

STUDENT FINANCE

BAföG – state funding for students in Germany

BAföG stands for more equal opportunities in the German higher education system. This need-based state student finance has been in existence since 1971, and it has proven itself millions of times over. More than four million people have been able to study since 1971 thanks to BAföG. Today, almost one-fifth of students benefit from the Federal Education and Training Assistance Act.

BAföG (= “Bundesausbildungsförderungsgesetz” or Federal Education and Training Assistance Act) enables young people to choose a study programme that best suits their skills and interests. BAföG funding is need-based and granted if the student’s own financial means or those of his or her parents or spouse or partner are insufficient for this purpose.

BAföG offers equal opportunities | (c) David Heerde

Half of the BAföG financial support is usually a grant, the remaining half an interest-free loan. A ceiling guarantees that students only need to repay a maximum of EUR 10,000 of the total loan amount.According to the 21th Social Survey carried out by Deutsches Studentenwerk, 18 per cent of all students enrolled at an officially registered and state-recognised university in Germany received BAföG in the summer semester 2016.

Knowing how to finance one’s education strongly influences the decision of whether to take up an acadamic training or not. In recent years, BAföG has ensured that students especially from low-income families did indeed enrol in a programme at a higher education institution.

For more information :

https://www.studentenwerke.de/en/content/baf%C3%B6g-state-funding-students-germany

 

4 responses to “Studierendenwerk supports 500 euros for students in need”

  1. Jayakanth challagulla says:

    +4917669481738

  2. Vikas Anantharapu says:

    It is really difficult for us to survive in a foreign counties like germany without having any income, its already 2months we are kicked out of work.
    Being a student we cant work in this situation and cant ask for help from home, as they also facing same issues in india..
    It would be really helpful if someone helps us in this period of epidemic.

    Thankyou
    Vikas Anantharapu
    M. Sc. Production and Logistics
    University of Duisburg-Essen

  3. Dhaval pathak says:

    Hello,
    I’m studying in Hochshule schmalkalden. I would like to inform you that i am not family dependent and i lost my job which is the only income to survive here due to this critical condition. So don’t have enough finance to survive long and to show in visa extension also.
    So please help me same as Berlin university helped to the student by giving some amount.

  4. Kumar says:

    Hi Please help me with the emergency funds for surviving in this time as currently due to loss of job and no further work, I am facing a horrendous time due to paucity of funds for paying monthly expenses like rent and daily expenses.

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