This page contains detailed information about German student visa applicants facing higher financial demands. You must present evidence of sufficient financial support if you plan to study abroad in Germany. Starting in September 2024, Germany increased the amount that had to be demonstrated as proof of income from 934 euros per month or 11,208 euros yearly to 992 euros per month or 11,904 euros. You will need 696 euros more per year as a result of this increase.
It’s important to account for extra expenses in addition to proving that you have this much. About 320 euros is the amount most colleges want as a semester payment. Moreover, living expenditures, books, and housing costs must be covered. Make sure you bring the required funds to cover these expenses when you arrive.
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One of the following methods may be used to demonstrate your financial support:
- Proof of Parental Income: Proof of Parental Income can be in the form of a recent pay stub, an employment contract or a BAfoG decision (a German student grant). Be aware that not all employers will feel comfortable disclosing this information.
- Blocked Account: Also known as Sperrkonto, any amount set in a blocked account can be transferred. Only a specified amount can be blocked each month, €992 per month or €11,904 per year. The account must remain blocked until September 2024.
- Scholarships: Several German organizations offer scholarships. These are given out according to some factors, such as financial necessity or academic merit. Some can drastically lessen your financial load and are unique to particular academic fields.
- Declaration of Commitment: If you have relatives or friends in Germany they can file a Declaration of Commitment with the authorities for foreigners in your place. Because your sponsor will pay for your expenditures you might not need to provide proof of your finances when applying for a visa.
Contact the German consulate in your place of origin to find out the exact requirements for financial documentation.
You can work while you study if you are an international student with a study visa. Without receiving permission from the Federal Employment Agency, you are permitted to work up to 140 full days or 280 half-days annually. You can work as many hours as you want throughout the semester break.
To make the most seamless transition to studying in Germany, make sure you have all the necessary funds and plan accordingly.
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