Your finances

Financial considerations often play an important role when it comes to deciding whether to go to university or not. Young people who decide to go straight into the world of work, for example as an apprentice, have their own income right from the start, whilst university students have to manage for a few more years without a regular salary.

But investing in higher education really does pay off!

Numerous studies have demonstrated that graduates earn around 30 to 50 per cent more than people in the same age group who have only completed a course of vocational training,

There are a number of ways for you to finance your studies.

Pay your own way

The classic way for students to earn some money while studying is to take a part-time job. You can manage your time flexibly and so achieve a balance between working and studying. Here at the University you may have the opportunity to work on interesting projects as a part-time student assistant - and give your finances a boost at the same time. Otherwise just take a look at our Jobs database or ask in the Careers Centre if they have anything on offer.

      Scholarships

      There are a number of scholarships available to you at Reutlingen University to support you and help you along the path to your degree. Of those students who spend a study semester abroad, fully 50% receive some sort of funding. Good grades are important when applying for this type of funding, but so also are extracurricular activities: are you an active member of a club or society, have you helped train younger people in sport, or made a particular contribution to your community? If so, then don’t waste time – contact the Reutlingen International Office to find out which is the best scholarship for you!

      Grants

      If a student’s own income and also their parents’ finances aren’t enough to cover the costs of studying for a degree, then they can apply for a grant. This financial aid is intended to make it possible for anybody to study for a degree who wishes to do so, irrespective of their social or financial situation. Contact Student Services in Tübingen-Hohenheim (Studentenwerk, only in German) for more information about BAföG.

      Student loan

      Banks offer a range of special loans to students irrespective of their parents’ income. The loans are intended to fully cover your living costs while you are a student, with monthly payments of between 100 EUR and 650 EUR. Payments are made for a maximum of 14 semesters. At present student loans are offered by the Kfw-Bank.

      For information in English on regulations and work permits for international (non-EU) students, and related topics, click here.

      Education fund (Bildungsfond)

      The Bildungsfond has for several years been offering student financing independently of the banks. Repayments are not made at a fixed rate, but rather are calculated as an agreed proportion of your prospective gross starting salary. For more information go to Bildungsfonds.de (in German only).