Costs and financing

The costs and financing possibilities sometimes play an important role in the choice of a study location abroad. Within the framework of exchange programmes and partnerships, our students abroad are largely exempt from tuition fees. This includes our partner universities within Europe with whom Erasmus contracts exist and partner universities of the Magellan network outside Europe.

Costs

During a study abroad there are of course also living costs. In many countries these are higher than in Germany. Therefore, studying abroad often costs more than studying in Germany. Also pay attention to the costs for travel to the respective country (flight tickets, visa etc.). These can be particularly high when studying abroad in non-European countries.

You can finance your study abroad from your own funds or, under certain conditions, apply for financial support.

Calculate the costs you will have to face realistically and over the full period of your planned stay abroad, as you often do not have the time or the opportunity to earn money through part-time work during your studies abroad.

Financing options

ERASMUS + funding

Erasmus is an initiative of the European Union which promotes the exchange of students in the European educational area. The exchange regulates the bilateral agreements between universities and supports stays of three to twelve months, both for study purposes and for internships. All students who apply for a partner university in the Erasmus programme and receive a place are automatically eligible for the Erasmus programme. This means that students receive a partial grant in any case. The amount depends on the university attended and is determined each semester. | read more

PROMOS Scholarships

Students who apply to study abroad outside Europe and are looking for a funding opportunity should find out about the PROMOS program. Study-related internships abroad can also be funded. | read more

Auslandsbafög

In order to finance a study stay or internship abroad, you can apply for Auslands-BaföG, which covers tuition fees up to 4600€. If you are staying abroad, higher requirement rates apply, so an application can also be worthwhile if you do not receive BaföG in Germany (e.g. because of the income of your parents). Bafög-recipients receive Auslands-Bafög in any case. Auslands-Bafög does not have to be paid back. Further information on this can be found at www.bafoeg.bmbf.de or here.

DAAD

The DAAD provides comprehensive information on funding opportunities on its website. In the DAAD scholarship database you can search specifically for scholarships for your profile (subject area, target country, status). | read more

Education Loan

An education loan offers the possibility to finance study visits and internships abroad. One receives a low-interest loan, which is paid independently of the income and the income of the parents. Further information is available at www.bildungskredit.de.