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),
- scholarships,
- 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:
Stipendien-Talk für Studierende
(Finanzierung, 13. November 2024) Scholarship-Talk for Students Am I eligible for a scholarship? Which one should I apply for? And what are the application deadlines? Answers to all these questions will be provided at the digital scholarship talk for students on November 27th, 2024. WHEN: Nov 27 | 5-6 pm (in Englisch)WHERE: via Zoom: … Continue reading Jetzt BAföG-Antrag stellen!
(Finanzierung, 10. October 2024) Vergesst nicht, rechtzeitig euren BAföG-Antrag fürs nächste Semester zu stellen! Das geht am Besten online über das Portal “BAföG-Digital”. Ab dem Wintersemester 2024/25 tritt die Reform der Studienfinanzierung in Kraft. Es gelten dann die neuen Freibeträge, Mietkostenpauschalen, Grundbedarfe und Einkommensgrenzen für Minijobs. Außerdem sind spätere Fachrichtungswechsel und ein “Flexibilitätssemester” möglich. … Continue reading Scholarship info event for students
(Finanzierung, 18. January 2024) Am I eligible for a scholarship? Which one should I apply for? And what are the application deadlines? Answers to all these questions will be provided at the digital scholarship talk for students on January 31. What: online scholarship talk When: January 31, 2024 | 5-6 pm (in English) … Continue reading