Student Loans in Germany

Student Loans in Germany

Germany has a number of options for funding your education. You can apply for Student Loans in Germany from the KfW (German Federal Office for Development and Cooperation) or the Bundesagentur für Arbeit (BAfoG). Applicants need to be German citizens and have a permanent address in the country. They should also have proof of gainful employment.


The BAfoG student loans scheme provides loans to students who want to pursue further education in Germany. The amount that is available for BAfoG loans depends on the student’s financial needs and family income. In addition, applicants must be less than 30 years old at the time they start their studies. After completion of a standard-study program, the student must repay half of the loan. However, students can request to extend the repayment date if they are a low-income student.


The Bildungskredit is a government-supported education loan scheme that is administered by a consortium of banks. It is one of over 30 loan schemes available to students in Germany. The repayment period is four years, and students can borrow up to EUR7,200 per year. In addition to government-backed loans, there are also many private institutions offering loans to international students.


Students in Germany can apply for a Studienkredit as a way to finance their studies. Although some German banks had already prepared Studiencredit plans, the Deutsche Bank was the first larger, nationwide bank to offer this type of financing in October 2005.


The Deutschlandstipendium student loan is a scholarship that supports highly talented students at participating German universities. This funding comes from the federal government and private donors. The amount awarded to a student is not dependent on the student’s nationality, income, or parent’s income. Furthermore, the funds do not count towards federal training assistance grants or social insurance contributions. However, the applicants must meet certain requirements. These criteria include academic excellence, social commitment, and personal achievements.

BAfoG vs Bildungskredit

If you’re an international student looking for student loans in Germany, there are several different types of loans you can apply for. You can choose to receive BAfoG financial aid, which is a mix of zero-interest loans and grants. The amount you qualify for will depend on your current financial situation.


If you want to study in Germany, you should apply for scholarships, as they can help you pay for your studies. These scholarships are available from several private and public institutions. They vary in amount, but they should cover the basic costs of living and studying in Germany. Some scholarships even cover conference attendance.

Unsecured loan vs secured loan

In Germany, students can choose from a variety of options to finance their studies, including unsecured and secured loans. An unsecured loan requires no collateral, whereas a secured loan requires you to place an asset as collateral. This asset could be an immovable property or mutual funds.

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