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Cost of Study & Scholarships

EDUCATION COSTS

Fees for studying and living in Germany vary depending on the level of study, the state in which the institution is located and whether or not the institution is public or private. When you choose to Study in Germany, it becomes important that you know about the cost of higher education in Germany.

TUITION FEES (EUR €)

Public Universities: EUR 1,000  (INR 70,000/-) per annum (approx.)

Private Universities: EUR 10,000 – 30,000 (INR700,000/- to INR2100,000/-) per annum (approx.)

Accommodation (EUR €)

EUR 6,000 (INR420,000/-) per annum (approx.)

Other Living Expenses (EUR €)

EUR 6,000 (INR420,000/-) per annum (approx.)

Financial Requirement (EUR €)

In order to fulfill the visa requirements, the students need to show proof that they have, or have access to, around 8,040  (EUR €) (INR 562,800/-) per year for living expenses.

Note: Living in the eastern parts of Germany can be a little cheaper.

Funding the studies

Germany is one of the preferred destinations for a student with its no-tuition fees policy and reasonable cost of living. But managing the finances by staying in an international destination is quite brainstorming. There are some sorted choices to fund your studies in the best way.

  • Scholarships

German Academic Exchange Service (DAAD) is a financial institution which provides financial aid to the international students. The students with great academic performances are rewarded the scholarship. You can expect to get a full scholarship which will cover your financial expenses, but if you get a half scholarship you have to think of other sources of funding. Getting the scholarship can be a tough job but it is worth trying.

  • Part-time work

Apart from the other funding sources received by the family, it becomes a necessity for an international student to think of a part-time work. There are some guidelines for the students working for part-time.

A student can work for a maximum of 120 full days or 240 half days. If a student wants to exceed the days of working then the permission of “Agentur für Arbeit”  or Federal employment agency is needed.

  • Get a loan

The students graduate from German universities with a well-payed job in hand as per the Statistics stated. Thus a student can opt for a bank loan as it will be an easy task for them to repay the loan.

  • Exchange program

ERASMUS is a student exchange program which gives the International students a choice among 4000 universities over 33 countries. The exchange program doesn’t provide with the scholarship but it definitely gives a wide array of choices among the universities which have different funding programs.

 

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