KfW Student Loan
KfW Student Loan & Corona Pandemic
Until December, 31th the KfW student loan is interest-free. All other conditions remain the same. An interest-free loan of up to € 650 per month is available. The loan can be obtained through an unbureaucratic online application.
More information to the KfW student loan
Your person to turn to in the Studierendenwerk: Anja Schwarz: a.schwarz@stw-rw.de
Promotional objective
The KfW Student Loan supports you with at least 100 Euro and up to 650 Euro per month during your degree course. It requires no collateral and is independent of income or assets.
Who is eligible to apply?
Students of legal age who are currently enrolled at a state or state-recognised tertiary institution in Germany, who are not older than 44 years on 1 April or 1 October before the financing begins and who fall under one of the following categories:
- German citizens with a domestic primary residence and their dependents (regardless of nationality) who are living with the German citizen, and are registered in Germany. (Dependents are spouses, registered companions, own children and the spouse’s/registered companion’s children who are not more than 20 years old or legally entitled to claim maintenance.)
- EU citizens who have been lawfully residing in Germany on a permanent basis for at least three years, and are registered in Germany, and their dependents living with the EU citizen in Germany (regardless of their citizenship and the duration of their previous residence in Germany).
- So-called educational residents with a domestic primary residence who obtained a German Higher Education Entrance Qualification by graduating from a high-school in Germany or a German school abroad.
- EXCEPTION (financial bridging assistance in pandemic emergency situation): All foreign students in Germany and with a registered address in Germany, regardless of their nationality and the duration of their stay in Germany so far. Applications can be submitted from 01.06.2020 onwards and are limited until 15.02.2021 (latest start of financing is 01.03.2021).
PLEASE NOTE: For students who are older than the maximum age but have already completed some semesters in the course of study that is to be financed, these semesters will be added to the maximum age accordingly.
How to apply?
You will find the application form at www.kfw.de/studienkredit. Based on the date entered by you, a contract offer is automatically generated which you can then print out.
Filing through a KfW sales partner
Please take the contract offer and any additional forms that may be needed to the Studierendenwerk Rostock-Wismar as a sales partner the KfW student loan. We can give you further information about the loan terms and conditions and check whether the formal application criteria have been met. Please note: The contract offer must be signed in the presence of an employee of the Studierendenwerk!
We send the signed contract offer both electronically and by post to KfW. The KfW will then send you a confirmation of acceptance upon its approval (commitment). The loan decision is made by KfW only. The loan account is then managed at KfW exclusively through the online loan portal at www.kfw.de/online-banking (in German only). There is no legal entitlement to the KfW Student Loan.
For further information, please check the information sheet below.
