It's often not easy to find time to find work and manage your finances independently while studying. To help you get started, here is a small overview and other sources where you can find information on the topic.
Quick overview:
Jobs
There are several ways to work and earn a living while studying. Here you will find some general information as well as job exchanges that will help you find a job.
Information about jobs
Regardless of whether you have a mini-job, a working student job or any other kind of employment, you may not work more than 20 hours per week during the semester, so that students can devote themselves mainly to their studies. This restriction does not apply during the semester break, so it does not apply to semester break jobs.
If you receive BAföG, make sure that you do not exceed the maximum monthly amount of 520 €!
Check with the employment agency if you want to find out more details.
Job fairs of the college and university
Are you looking for a job? Then take a look at these job boards:
Jobteaser - in cooperation with the University of Applied Sciences, Jobteaser offers a great platform for students to find the right job.
Stellenwerk - in cooperation with the University of Koblenz, you can find the right job on Stellenwerk!
Babysitter online exchange - the University of Koblenz offers students the opportunity to work as a babysitter through its own online exchange.
Finances
It is often difficult to finance your life as a student. The loans and scholarships listed below are designed to help you with this.
We have also listed other tips and tricks to help you get your finances under control.
BAföG
BAföG, actually the abbreviation for "Bundesausbildungsförderungsgesetz" (Federal Training Assistance Act), is the state financing of studies in Germany.
Half of it consists of an interest-free loan and the other half of a grant - in other words, money is given to you for free. You have to repay a maximum of 10,010 euros of your loan at the end of your studies, or even less: depending on the amount, there are additional discounts for early repayment.
You can find out whether you are eligible for BAföG, and if so, how much, by using the BAföG calculator provided by the Studierendenwerk Göttingen or a detailed Bafög calculator.
You can find detailed information here:
www.bafög.de
www.studentenwerke.de
Scholarships
Scholarships are a way of financing your studies that often goes unused. Of course, you have to apply first. This can be time-consuming and success is not guaranteed. However, a scholarship has many advantages: You don't have to pay it back, it looks good on your CV, it often includes a "non-material" support programme and you get to know interesting people through the foundation.
Student loans
Education loan
With the education loan, the Federal Government supports students in advanced phases of their education with a simple, low-interest loan. Funding is also available for second and subsequent courses of study as well as training-related internships in Germany and abroad. The loan is granted regardless of the assets and income of the applicant and his/her parents or partner. In addition, the education loan can be combined with other financing offers such as BAföG.
More information on the education loan.
Broadcasting fee
Every household in Germany must pay the so-called broadcasting fee. This is used to finance the public broadcasters in Germany.
Shortly after moving into a new flat, it is therefore important to change your address as soon as possible. You will then automatically receive a letter from the contribution service to which you must register.
Tips:
- The fee must be paid by household. If you live in a shared flat, you can split the fee.
- Register as soon as possible, otherwise the additional payments will quickly become very high!
- If you receive BAföG, you can be exempted from the broadcasting fee! Simply send an application plus BAföG certificate to the relevant office!
- Other conditions can also exempt you from the broadcasting fee, just have a look here!
You can find all further information at www.rundfunkbeitrag.de
Tax tips for students
How do you file a tax return? How do you save money? And is it even worth it? You can find out all about this at steuerstudis.de.
