Your contact for all financial questions concerning your studies!
Hardly any student has a regular income, since the study stands in the forefront. One of the most pressing issues for students is how to ensure the upkeep of their training. Students usually live on
- child benefits,
- financial aid of the parents (assistance to the student),
- government education grants (BAföG),
- student loans or
- income from minor employment.
The Studentenwerk Magdeburg’s Office for Educational Support is the contact for all financial questions concerning studies. Of particular importance are education grants under BAföG (Federal Training Assistance Act). One half of this grant is given as a government subsidy and the other half is given as an interest-free loan that can be repaid under very favourable terms.
If there is no or only partial entitlement to BAföG you may face financial emergencies and cases of exceptional hardship. In these cases, students have several options to get support from both public and private sources. Even if you apply for these various financing instruments, we will do our utmost to assist you.
Latest News in German:
Corona-Pandemie: Überbrückungshilfe für Studierende in Notlage / Corona pandemic: bridging aid for students in financial emergency situationsFriedensau, Halberstadt, Magdeburg, Stendal, Wernigerode: (For English version see below) Corona-Pandemie: Überbrückungshilfe für Studierende in Notlage Das Bundesministerium für Bildung und Forschung (BMBF) hilft Studierenden, die wegen der Corona-Pandemie nachweislich in akuter Notlage sind, mit insgesamt 100 Millionen Euro Zuschüssen. Sie werden über die Studenten- … Continue reading [Allgemein | 15. June 2020]
|Continue reading [Finanzierung | 26. March 2020]|
|Continue reading [Allgemein | 25. March 2020]|