Student Financing Overview
Studying in the land between the seas is nice, but unfortunately not free. To ensure that your studies don't fail because of your parents' wallet, there are various ways, which we will briefly present here.
The majority of all students receive maintenance from their parents, just under eleven per cent receive BAföG benefits(Statista), six per cent take out a student loan, five per cent receive a scholarship and 70 per cent have a job while studying(www.constata.de). You can find out more about these topics on the following pages.
The average cost of living for single first-degree students who no longer live in their parents' home and are enrolled in a full-time degree programme was about 820 euros per month in the summer semester of 2016(21st Social Survey).
This includes rent, travel costs, costs for food, clothing, learning materials, health insurance, telephone, internet, radio and television fees as well as expenses for leisure activities.
These are average values that can serve as a rough guide. In detail, the expenses can vary greatly - this also depends, for example, on the place of study, the type of accommodation and the chosen field of study.
In addition, semester fees have to be paid at every university: for the work of the student councils, the student union, the use of a semester ticket, and at some universities also for registration and administration fees.
Would you like to get an overview of your finances? Then use our financial check.
Where do I get the money I need?
Maintenance law is complicated, but in principle, parents are obliged to finance an appropriate education for their children until they have completed it. However, out of the imperative of mutual consideration, children of full age are also obliged to complete this education in a goal-oriented manner.
It is a fact that many parents cannot pay the necessary maintenance in full, and sometimes do not want to. The question then arises as to what alternative or supplementary financing options are available. You can find out about many other alternatives on our website.
Studis Online offers a "Study Financing Check" that allows you to quickly, easily and individually check whether, in addition to BAföG, other sources of money such as child benefit, alimony, housing allowance, unemployment benefit, scholarships, education loans, KfW student loans or other loans and funds are possible for you. In addition to the question of possible assets, it takes into account many individual factors of the person in question or the studies.
Contact persons
Flensburg: beratung.fl@studentenwerk.sh
