Financing your studies

When applying for your visa, you must prove you are able to finance your studies in Germany. At least the living expenses for your first year in Germany must be fully covered. In general, around 8,040€ of income or assets are required for the first year, or 670€ per month. But evidence of higher amounts may also be requested. The German embassy in your home country will provide more information on the proof that need to be provided. Depending on your situation, following options of finance are possible:

• proof of parents' income and assets
• Personal savings secured on a blocked account (Sperrkonto) from which you will have a limited monthly withdrawal of 670€

• the Foreigners' Registration Offices receives confirmation that someone whose place of residence is in Germany commits to assume the costs for you

• Scholarship from a recognised scholarship foundation
• Sponsorship: a declaration from a company, an organization or private individual (resident in Germany), agreeing to cover all costs during your studies

How much money do I need?

The exact living expenses depend on your lifestyle and on where you decide to live, in Eberswalde or Berlin. Here you find a short list to orientate yourself: