Apply for BAföG for a course of study
BAföG is the abbreviation for Federal Training Assistance Act. BAföG is the colloquial term for the funding that you can receive under this law. You receive the funding for financing • your studies, • under certain conditions of a...
BAföG is the abbreviation for Federal Training Assistance Act. BAföG is the colloquial term for the funding that you can receive under this law.
You receive the funding for financing
• your studies,
• under certain conditions of a mandatory internship as part of your studies.
In order to receive the monthly grant, you must meet a number of requirements. The most important are:
• Your parents and/or your spouse/partner do not have a higher income
• You have little or no income yourself, for example from a mini-job.
• Your assets are below the exempt amount of EUR 8,200 or only slightly above
• You are studying full-time
• Age limit: 30 years; in the Master 35 years (exceptions are possible)
The amount of your BAföG is based on a fixed monthly requirement. Money is deducted from this requirement if your parents, spouse/partner or yourself earn a little more.
If you are studying, you will receive half of the funding as a loan and half as a grant. This means that you only have to pay back half of the money after your studies. In principle, you do not pay any interest on the loan (“interest-free loan”). The maximum repayment amount is usually EUR 10,010, regardless of how high the total funding was. This corresponds to 77 monthly installments of EUR 130.00 each from the start of the repayment.
The Federal Office of Administration is responsible for collecting the loan. You only start repaying 5 years after the end of the maximum funding period, which usually corresponds to your standard period of study. If you do not earn enough to absorb the repayment of your loan, you can apply to the Federal Administration Office for a payment extension.