BAföG (Bundesausbildungsförderungsgesetz) is a type of governmental funding for students. It is a combination of federal grants and interest-free loans. Dear students, please be aware:
As of winter Semester 2016/17, more students will receive more BAföG funding.
But what exactly does BAföG mean?
In 2016 the BAföG rate as well as the allowed income rate of parents will rise by 7%. Due to the new maximum monthly rate of € 735, students have more money for rent, food and learning materials. Moreover, the allowed income rate of parents is higher. This means that students still qualify for BAföG funding even if their parents earn up to 7% more money a year.
Therefore, there will be more money available for more students from the beginning of autumn.
Apply now for BAföG funding at the BAföG office here in Freiburg.