Education is high priced: working materials and books in addition to housing, food and cost of living needs to be taken care of. Part jobs alone will likely not allow you to get extremely far any longer. Our loans offer you more flexibility that is financial.
Details about the processing status of the KfW scholar application for the loan additionally the disbursement that is first
The processing length can presently use up to 6 months. Please try to avoid asking in regards to the processing status in this time.
We will inform you of our decision by post after processing.
We will pay the first instalment to you after we have given a positive decision on the application.
KfW Student Loan
What’s the KfW Education Loan?
The KfW Student Loan is really a low-interest loan (until 31 March 2021 0.00% if for example the loan is in the disburseВment period), that is utilized to pay for your bills. The attention price is fixed until 31 March 2021, after which it it really is adjusted every half a year on 01 April and 01 October of each and every 12 months.
You’ll receive month-to-month disburseВments as much as EUR 650 (disburseВment period). After the disburseВments end, the loan comes into an elegance duration by which you pay just interest (interest-only period).
Once this period concludes, repayment associated with the KfW Student Loan (payment phase) starts.
The account is managed on line.
Just just What do we help?
We fund your cost of living while you’re learning. It creates no distinction whether you might be learning full-time, part-time or while working. Programs at distance learning universities are additionally feasible. We support semesters abroad if you are nevertheless enrolled at A german college.
Your university must certanly be positioned in Germany and get a situation or university that is state-accredited.
We support these courses of study: