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For low-income families, BAföG loans take over when these obligations cannot reasonably be met by parents. For every own child below the age of 10, living in the student's household, an additional 130.00 € can be requested. This can be reduced gradually if student or parent income or student assets exceed certain amounts. Thus, the amount ...
Since its introduction in 1971, the BAföG Act has regulated all available federal student grants and loans in Germany. Students who receive financial assistance under this law often refer to it as "receiving BAföG". In 2016, 18% of all students in Germany received financial support from BAföG. [1]
A student loan is a type of loan designed to help students pay for post-secondary education and the associated fees, such as tuition, books and supplies, and living expenses. It may differ from other types of loans in the fact that the interest rate may be substantially lower and the repayment schedule may be deferred while the student is still ...
The German federal government provides student loans for German students in need of financial support. [4] Only a part of each loan has to be paid back. The situation of each student is evaluated individually, according to the general criteria. The students at Berlin International can apply for financial support when they begin their studies.
The type of student loan(s) you have: Private lenders may or may not offer deferment or forbearance options, and the rules and eligibility requirements could look drastically different from ...
Student financial aid (or student financial support, or student aid) is financial support given to individuals who are furthering their education. Student financial aid can come in a number of forms, including scholarships, grants, student loans, and work study programs. Each of these methods of providing financial support to students has its ...
The Federal Ministry of Education and Research (German: Bundesministerium für Bildung und Forschung, pronounced [ˈbʊndəsminɪsˌteːʁiʊm fyːɐ̯ ˈbɪldʊŋ ʊnt ˈfɔʁʃʊŋ] ⓘ), abbreviated BMBF, is a cabinet-level ministry of Germany. It is headquartered in Bonn, with an office in Berlin.
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