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Germany: gov offers Covid-19 grants & loans

Germany has announced €100 million worth of grants and additional loan support for students in the country suffering due to financial difficulties as a result of the coronavirus pandemic.

All students would be able to receive interest-free loans of up to €650 per month.Photo: Kai Pilger/ Pexels

Students are permitted to work 120 full days or 240 half days per year, which helps with the cost of living

On April 30, federal minister of Education and Research Anja Karliczek announced all students would be able to receive interest-free loans of up to €650 a month via state-owned development bank Kreditanstalt für Wiederaufbau.

“These measures are essential to prevent dropouts from international students”

Additionally, the ministry would provide students in “particularly acute emergencies” with non-repayable grants. The €100m would be distributed to students by the Deutsches Studentenwerk (DSW).

Germany’s University Rectors’ Conference (HRK), German Academic Exchange Service (DAAD) and Deutsches Studentenwerk hailed the “commendable” announcement.

“It is very good and right that students in emergency situations now receive financial support,” said Joybrato Mukherjee, DAAD president.

“These measures are essential to prevent dropouts from international students in particular and to maintain Germany’s excellent reputation as a destination for foreign talent.

“We are particularly pleased that the grant solution that we proposed in mid-March is also part of the emergency relief measures.”

A survey carried out by online information portal Studying-in-Germany.org found that some nine in 10 international students in Germany have been affected financially by the coronavirus pandemic.

President of the HRK Peter-André Alt added that the federal government was “tackling a problem that is burning for many students”.

“We are grateful that those affected can now bridge the current crisis,” he said. “Even if we had hoped for such a solution for everyone, the emergency aid fund, from which direct loan-free grants can be granted, is a very commendable measure.”

President of the Deutsches Studentenwerk, Rolf-Dieter Postlep, added that the organisation will “very quickly clarify” the specific procedure with the ministry as to how assistance for students in acute emergencies should be structured.

“It is now important that the students who are in financial trouble because of the corona pandemic through no fault of their own get this help,” he said.

According to the Studying-in-Germany.org platform, a large number of international students depend on part-time jobs for living expenses. Along with affordable tuition fees, visiting students are additionally attracted to the country for work opportunities.

Students are permitted to work 120 full days or 240 half days per year, which helps with the cost of living, according to the platform.

“Two-thirds of international students choose to work part-time to cover their living expenses,” Study-in-Germany.org’s Njomza Zeqiri noted.

A further survey carried out by Studying-in-Germany.org revealed that 85% of international students have admitted that Covid-19 has affected their plans to study in Germany.

Summer semester 2020 scholarships have been postponed due to the pandemic, meaning prospective students will have to wait to re-apply the following year, the platform highlighted.

“University doors are closed and the classes moved online,” Zeqiri added.

“As per the winter semester, a nationwide decision will be made later based on what happens with the Abitur examinations this year.”

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11 Responses to Germany: gov offers Covid-19 grants & loans

  1. GoodDay,
    How are you doing ?
    I am interested in international visitation to Germany after this COVID-19 pandemic to see how to Country is coping with the aftermath of the pandemic and how communities in Nigeria can learn from progress made in the German society.
    Can your organization sponsor such an educative trip.
    Thank you.

  2. Hello sirs/mas my name is Richard olugbenga a Nigerian who based in united Arab emirates due to this pandemic situation in UAE so many people lost their jobs and their interest in tourism and other importan things.I am so much interested in visiting Germany to see so far on the I development about this corona virus,treatment,grants,government aids and so many important things happening in Germany to experience and learn from them all after this deadly diseases is over.I want to it will be possible and easy for your organization to sponsor and invite about the new development in Germany so as to learn in order for it to be helpful for my communities and other nationals.

  3. needs COVID-19 Emergency Fund to support Street children and victims of Cattle headers in Nigeria.

    Reply

  4. How can I apply for a scholarship in Germany I am from Congo brazzaville? Or get an internship in Germany. I would like to relocate after this COVID_19. Thanks for your quick response

  5. Hello I will like to find out if your organization could support us with funding to support many parents who were doing small businesses around and strongly hit by this corona virus in our community here in Ghana.

  6. Dear  sir/madam 

    My name is Julia and I’m from  Namibia. 

    A second year Animal  health  student  at the university of Namibia. My mother who is  my only  source  of  funding  has a very  low paying  job and  due to Covid-19  her job is no longer stable . Covid-19 has affected my academic life drastically.

    I would  like  to find out if I qualify  to apply for the  scholarship too.

    I really want to  stay in school. 

    Julia

  7. Please I have lost my job due to covid 19 pandemic I really need the government to help me and my family

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