Credit for study

“You have no other way to close any financial gaps, or you want to focus entirely on your studies. It’s easy to get a student loan because you only have to enroll in a German state university. Here’s how to get a student loan without credit bureau information! The young people can choose between different loans. With relatively little effort you will find the right funding for your studies.

By whom is the study paid? You can also learn by credit.

By whom is the study paid? You can also learn by credit.

For whom should the livelihood of the students be paid? For example, in the Scandinavian countries, a student as an adult has already left his family’s home – including in the money. They do not have to pay for their studies, they receive scholarships and loans from other agencies. On the other hand, the students in the Federal Republic are considered as young people, who only gradually grow out of the house of their mother or father.

He has a legal right to a living from his legal guardian, usually until his first professional qualification. The student can choose his own subject, but must learn quickly and purposefully to minimize the burden on the guardian. 2. At present, students who do not live with their families can earn $ 670 a year for their livelihood.

This sum, which corresponds to the maximum allowance, is plus health insurance costs. Only when the funds of the guardians are insufficient, the federal government participates in the financing of the study. Students must apply to participate in the program. The right to parent support is also lower if you work, save, or inherit more than easily.

Therefore, in the Federal Republic above all the guardians and the federal government should pay for the livelihood of the students. According to the most recent social survey of the Studentenwerk in the summer half of 2012, most of the students’ income comes from these two sources of income. The student, who no longer lived in her mother’s house, had an average of 864 USD per month, almost half came from her father and 16% from the house.

This results in around 550 USD. Self-earned were 24% or good 200$?

This results in around 550 USD. Self-earned were 24% or good 200$?

The students spent most of their money on housing, about 34% of their income. Another important source of money is, at least for some of the students: About 6 percentage points flow monthly through a student loan in several hundred USD.

This has only existed in Germany since 2005, when the tuition fees came in. Since then they are gone, but the credit is still there. He is mainly known from the Anglo-Saxon area, where young people pay the high tuition on credit and are often highly indebted. “However, in the Federal Republic of Germany it is only an additional financing,” says the student loan expert at the CHE Center for Educational Development in Gütersloh: “It is a kit next to Credit Aid, talent promotion and additional income through part-time work, if the parental allowance is insufficient.

There were two main reasons for taking out a loan. “Either you have no choice, or you want to focus entirely on your studies.” For example, last year’s students doing their part-time job to fully focus on the final exam. As a rule, loans are gladly submitted at the end of the course.

The student loan is a sensible additional financing instrument, but strongly recommends exploring all other sources of funding first. Because: Parental benefits, study scholarships and at least half the area of ​​the Bafögs do not have to be repaid. One should also consider exactly which lifestyle one pays on credit.