Can I study in Germany with no money?
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Can I study in Germany with no money?
Everyone can study in Germany tuition-free! That’s right: Germans, Europeans, and all non-Europeans can study in Germany free of charge – without tuition fees. It does not matter if you are from the EU or EEA. This applies to almost all study programmes at public universities.
How do people afford to study in Germany?
Here are some ways to finance your studies in Germany:
- Parental income.
- Personal savings.
- Working part-time.
- Scholarships.
- Student loans.
How much loan is required to study in Germany?
Different Options of Education Loan for Germany
| Features | Public Banks | NBFCs |
|---|---|---|
| Loan Amount (INR) | Upto 1.5 crore | Upto 50 lakhs |
| Interest Rate Range | 8.85\%-10.25\% | 12\%-14\% |
| Processing Fees (INR) | INR 11800 + Property Evaluation Charges | 1-2\% of the loan amount |
| Payment During Study Period | No | Simple Interest |
Can a student get German citizenship?
If you are a student or are working in Germany, you may be considering the possibility of getting a German citizenship. This would allow you to be more fully integrated into German society and would give you access to the legal status and same rights as other Germans.
Can I take a student loan to study in Germany?
Nationalized banks such as State Bank of India (SBI) provides Education Loan to deserving students who wish to go to Germany for higher studies. However, before the bank is able to process the loan amount, there is a list of documents that need to be furnished by the borrower. These include: PAN details of the borrower.
How to get financial support as an international student in Germany?
On the whole there is little financial support for international students in Germany. The first contact point should be the social office in the Studentenwerk or the academic international offices of the university. For example, one-off financial support can be applied for from the catholic or the evangelical student community of the universities.
Where can I get finance to study in Germany?
The Deutsche Bank, Raiffeisenbanken, Sparkasse, HypoVereinsbank are some of the banks that offer student loans to international students. Scholarships are another great opportunity to finance your studies in Germany.
How do universities help international students in financial difficulty?
The advisors there know who at each university helps international students in financial difficulty. The social office also provides information on financial help from the state which you might be able to apply for. For example, one-off financial support can be applied for from the catholic or the evangelical student community of the universities.
Why do I need a bank statement to study in Germany?
For this purpose, the German embassy will require you a bank statement to prove this money belong to your parents and therefore you’ll be able to cover studying and living costs in Germany. Also, if your parents’ earnings are higher they can cover your spendings for the whole duration of the course.