Student Credit

In addition to student loans or stipends, banks offer various types of student credit. The long-term loans can help students finance their entire education.

Before students take out a bank loan, the Studierendenwerk checks if students are eligible for BAföG or advises students about other types of credit.

In the following you find two options for student credits:

The Federal Government offers the least expensive financial aid options. The education loan is offered by the Federal Government and promotes both school and academic education.


  • Loans from €1.000 to €7.200
  • monthly installments up to 24 month re-payments of 100, 200 or 300 € per month
  • A one of payment up to €3.600 for educational expenses
  • An attractive annual interest rate
  • Valid during internships and exchange programmes


  • Can be combined with other types of financial aid such as BAföG
  • Aid also available for second study programmes and follow up programmes
  • Proof of performance not necessary
  • Free cancelation available at the end of every month
  • Students have four years from the first payment to re-pay the loan
  • Low monthly re-payment rates of one €120
  • Lump sum re-payments available at any time

Since 2006, Student Services has been in partnership with KfW- Bank group. The partnership offers students advice about credit conditions and applications.

The KfW student credit eases living costs of initial student studies and is considered independently from parental income and your own income. Students can receive this in addition to BAföG.


The application is only available online. Please bring a completed unsigned application form along with a valid student identification, a matriculation certificate and a bankcard to Student Services. Student Services will check the application and confirm your signature.


  • The amount is between 100 € and 650 € per month
  • Students can receive the credit for up to 14 semesters
  • The interest rate is the same for all applicants
  • Parental income is not relevant
  • Security is not needed
  • The loan must be paid off within 25 years

Eligible Students:

  • Students studying at a state approved German educational institution within Germany
  • German citizens no older than 44 and have not completed a previous professional studies programme.
  • Students in their first bachelor programme or in an immediately following masters programme. / Foreigners with government approval to study in Germany (special certificate)
  • European union citizens who have lived in Germany for three years.