Study and education credit
As alternatives to BAföG, public institutions offer student credit and loans. There are basically four options:
Financing from the first semester onwards: Der KfW-Studienkredit (Development Loan Coorporation Study Credit)
To cover tuition fees: Das bayerische Studienbeitragsdarlehen (Bavarian Tuition Fees Loan)
After passing a mid-term exam: Der Bildungskredit (Education Credit)
Towards the end of your studies: Das Studienabschlussdarlehen (Final Degree Loan)
A preliminary overview of these options is provided in our brochure 'financing your studies'.
Before you decide to borrow money from one of these schemes and get into debt, take the opportunity to and get some personal and non-biased advice from our Student Credit Advice Service.
In addition to public institutions, private banks also offer credit to students. Thorougly researched information is available at the Stiftung Warentest website, by searching for 'Studienkredite' (study credit). Read about the various grants available for particularly gifted students here.
See also the offers of the Darlehenskasse der Bayerischen Studentenwerke (Loan Association of Bavarian Student Unions).