German Education Student Financing

What requirements do I have to fulfill to be able to use the Deutsche Bildung student financing?

• You must have been accepted for a place at the HWG Ludwigshafen (a state-recognized university) in order to receive student financing.
• Qualification for university entrance or high school diploma
• German nationals or a permanent residence permit
• of legal age
• No negative Schufa entry

Which degree programs are funded?

All Bachelor's and Master's degree courses at HWG LU are financed,

How does flexible financing work?

Flexible payments to finance semester fees/tuition fees, living expenses, travel costs, language courses or learning materials.

Minimum amount for all degree programs 3,000 euros up to a maximum of 30,000 euros.

Overview

• up to 15,000 euros for Bachelor students
• up to 25,000 euros for Master's students
• up to 30,000 euros for MBA/PhD students
• Monthly payments, semi-annual payments or one-off 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 with Deutsche Bildung to suit the respective work and life situation.

Repayment pro rata from future income:

• over 3 to 10 years
• between 3 and 10 percent of gross income

Protection against over-indebtedness

• Fixed minimum gross income of 1,500 euros
• Capping through fixed maximum income
• General time buffer of 24 months
• Deferral for further studies
• Deferral for maternity and parental leave
• Unemployment/incapacity to work (time buffer or repayment if long-term)