Jan (34), student, Master's programme, own motorbike
Jan (34) completed a bachelor's degree in waste disposal technology at a university of applied sciences and has since worked at the waste management company in Kiel. Now, after 5 years of work, he has started a Master's degree programme in Industrial Engineering at Kiel University of Applied Sciences and is supported independently of his parents. Jan lives in rented accommodation and has his own contributory health and long-term care insurance. Jan owns a motorbike with a current value of 5,000 euros and a savings book with a deposit of 42,000 euros.
Jan receives support benefits totalling 921.00 euros per month, of which 460.50 euros is a grant and 460.50 euros is an interest-free loan.
| Current value of car | 5.000,00 € |
| Savings book | 42.000,00 € |
| Total assets | 47.000,00 € |
| less | |
| asset allowance | 45.000,00 € |
| Assets to be credited (within the meaning of BAföG) | 2.000,00 € |
| Assets to be credited (1/12) | 166,67 € |
| Basic needs student | 475,00 € |
| living away from home | 380,00 € |
| Surcharge for health insurance | 185,00 € |
| Surcharge for nursing care insurance | 48,00 € |
| 1.088,00 € | |
| less | |
| Offset amount from Jan's assets | 166,67 € |
| Grant amount | 921,33 € |
| Grant amount (rounded) | 921,00 € |