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Student loans and a recent report by the campus magazine ARD-Alpha

You can find information on student loans on the homepage of the Deutsches Studentenwerk (German National Association for Student Affairs).

Related: Click on this link to read the article "Student Debt: Heading Into an Uncertain Future", published by the ARD-Alpha campus magazine in December 2016. Please note that this article is only available in German.

KfW student loans are available to all students age 44 or younger (at the time the loan is taken out). In the case of students who are older than 44  and have already started their degree programme, the age limit is increased by the number of completed semesters (at the time the loan is taken out). Postgraduate degree programmes, part-time degree programmes, doctorates and second degree programmes can also be supported with student loans.

Loans are granted regardless of the institution of higher education, degree programme or grades. Students receive between EUR 100 and EUR 650 every month.

The credited amount or repayments can be adjusted during the loan period. During the repayment phase, it is possible to make unscheduled loan repayments at no extra cost.

The interest rate is market-oriented, but low compared to other providers. It is also possible to take out a loan at a fixed interest rate for a loan period of 10 years.

Most of the time, financing lasts up to 14 semesters (10 + 4 final semesters).

Neither the student’s nor the parents’ income is taken into account. Securities are not required. Loans are only denied in case of personal insolvency.

After the final payment, the first 18 to 23 months are exempt from repayments.

The maximum repayment period is 25 years.

In the repayment phase, the minimum instalment is EUR 20 per month.

Payment is suspended during leaves of absence.

You can find applications and further information at https://www.kfw.de/kfw.de-2.html.

The Studierendenwerk Vorderpfalz (Association for Student Affairs of the Anterior Palatinate) is a distribution partner of KfW student loans. Advisory services are offered by arrangement at the different institutions of higher education.