Study in Germany
Education Consultancy in Nepal for Germany
Are you an international student heading to Germany? Exciting times await you, and we’re here to help you navigate the financial aspects with confidence and ease.
Unlock Your Future in Germany 2025
Many international students dream of achieving an exceptional education and paving their career aims into reality through Germany’s robust education and splendid degrees. With international admire consultants, embrace your opportunity to wholeheartedly focus on your aspirations and realize your full potential in Germany.
Fantastic Reasons to Choose Germany for Your Studies
Journey of Knowledge and Growth
Studying in Germany is an incredible gateway to the global job market. The country’s higher education institutions are held in high esteem worldwide, and qualifications earned in Germany hold a prestigious reputation in the professional world.
Language Learning Made Easy
Don’t be discouraged by the German language! Whether you’re a beginner or fluent in English, many study programs at German universities are available in English, making it accessible to a wider audience.
Value for Your Investment
In addition to providing world-class education, Germany offers it at a fraction of the cost compared to many other countries. In most German states, you won’t have to worry about tuition fees at all. Additionally, the semester contribution is minimal, ranging from 2,000 to 4,500 euros.
A Fast Track to Your Career Success
Explore the unique advantage of balancing studies and work experience within the German educational system. Universities of applied sciences seamlessly integrate theory with practice, and some even offer dual programs, allowing you to gain both theoretical knowledge and practical experience simultaneously.
Charting Your Career Trajectory
The practical-oriented study programs in Germany grant you an early insight into the professional world, enabling you to take your first steps toward your desired career. Post-graduation, you can apply for a residence permit, providing you with 18 months to seek employment in Germany, a country brimming with abundant career opportunities and a flourishing economy.
Embracing Diversity and Inclusion
Germany fosters an open environment where individuals can freely express themselves and pursue their aspirations, regardless of background, orientation, or personal preferences. The country warmly welcomes international students, offering a safe and inclusive space within its cities and villages. In Germany, the opportunity to truly be yourself and pursue your dreams is paramount.
Celebrating Freedom and Diversity
Germany’s Basic Law, established in 1949, upholds fundamental principles such as religious freedom, equal rights, freedom of expression, and press freedom. Regardless of your background, Germany embraces diversity, welcoming everyone to pursue their goals without constraints. There’s a sense of freedom and security whether you’re in the city or countryside.
A World of Innovation and Research
Germany stands as a hub of innovation and progress, offering a multitude of study programs tailored to specific interests and strengths. The diverse degree options hold the power to unlock endless career opportunities, both nationally and internationally, aligning perfectly with your individual goals.
Germany’s comprehensive educational landscape, vibrant culture, and strong economy set the stage for an inspiring academic journey like no other. Embrace the opportunities that await you in Germany, where your aspirations can flourish in a welcoming and inclusive environment.
Interested to study in Germany?
What is a Block Bank Account? Why is it needed for a Study Visa in Germany?
Get excited about pursuing your studies or job opportunity in Germany because a German blocked bank account is your ticket to making it happen! This special account allows international students and job seekers to deposit a fixed amount of money, which is then released in monthly installments to support your living expenses while you’re in Germany.
As of September 2024, the required amount to be deposited into the blocked account for a German student visa is a total of €11,904, which means €992 per month. It’s important to note that not all blocked accounts are accepted by all authorities, so be sure to select a provider that meets all your specific needs.
The good news is that many providers offer combined packages that include health insurance, simplifying the visa preparation process. While Deutsche Bank no longer provides this service, the popular choice among international students is Expatrio, thanks to its outstanding reputation and over 2000 positive student reviews. With Expatrio’s Value Package, you can even open a bank account directly linked to your blocked account, ensuring quick and seamless monthly payouts.
The blocked bank account, also known as a Sperrkonto. This financial powerhouse allows you to demonstrate your financial stability while studying in Germany. Picture this: you deposit a specific amount of money upfront, and voila, it’s securely “blocked” in your account until you land in Germany. Upon arrival, you can joyfully access up to €992 per month to cover your living expenses, letting you focus on your studies and adventures in this vibrant country.
Provoking words of wisdom: for your blocked bank account needs, we wholeheartedly recommend Expatrio. Universally accepted by all German authorities, their online application process is a breeze, taking just a few minutes of your time.
Financial Requirements for studying in Germany
When it comes to proving your financial resources, it’s a crucial step in pursuing your studies in Germany. As of September 1, 2024, demonstrating approximately €992 per month or €11,904 for the year is necessary to cover your living expenses, including accommodation, food, insurance, transportation, and other essentials.
Now, let’s unravel the mystique of proving financial resources. If your parents possess the financial prowess to support your educational escapades, their income can serve as rock-solid evidence when applying for your German student visa or residence permit. The embassy may seek your parents’ bank statements from the last three months or a copy of their employment contract, ensuring you have ample funds to thrive in your academic pursuits in Germany.
And the excitement doesn’t end there! Scholarships bring a radiant beam of hope to the financial landscape. If you’re fortunate enough to secure a scholarship that covers your study funds, it’s a golden ticket for your student visa application. Coupled with the glimmer of this opportunity, be sure to attain a document confirming your scholarship from a recognized provider, detailing the amount and duration of the support. With the right scholarship, your dreams of studying in Germany can blossom into reality.
Feeling the financial jitters? Fear not! A bank guarantee or loan can be your ace in the hole when proving your financial might at the German embassy. As you tread this path, banks in high-student-traffic regions often offer student loans with exciting low-interest rates. Dive into the realm of bank guarantees, also known as “Bankbürgschaft,” tailored to cover your financial commitments during your German studies, graciously provided by the bank. Imagine cruising through your academic journey with financial peace of mind, knowing that the bank has your back if the need arises, while saving you from the burden of a standard loan.
Overall, studying in Germany is an excellent choice with most universities offering tuition-free education and lower overall costs compared to other European countries. With the right preparations, including securing your financial resources through a blocked account, you’ll be well on your way to a successful and fulfilling academic journey in Germany!
Permanent Resident in Germany
A Verpflichtungserklärung, or Guarantee from a Permanent Resident in Germany, is an absolute promise by a German citizen, permanent resident, or EU citizen in Germany to wholeheartedly support you financially. Usually, it’s a close family member who eagerly vouches for you due to the significant commitment.
The sponsor must confidently provide documents like a bank statement and proof of address at their local Ausländerbehörde (Immigration Office). Typically, they should submit the commitment no earlier than 6 months before your visa appointment.
Remember that if someone pledges financial assistance while you’re studying in Germany and you receive support from government agencies, they must confidently reimburse them within five years.
Unveiling the Source of Funds and Additional Proof
In certain cases, the German authority where you apply for a student visa or residence permit may eagerly request additional evidence even after you’ve submitted proof of funds. Such scenarios can include the following:
A Contract with a Commercial Business
If you have a contract with a business in your home country that wholeheartedly vouches to support you financially, German officials may request detailed, enthusiastic information about the company. This could include documentation to verify the company’s legitimacy or specifics about the terms and conditions outlined in your contract with them.
Scholarship Received in Your Country
If you’ve received a scholarship in your home country, German institutions usually eagerly ask for proof that the scholarship provider is credible. This could mean providing official letters, certificates, or any communication from the scholarship provider confirming the scholarship’s legitimacy.
Source of the Funds in Your Bank Account
If you deposit a significant amount of money into your bank account, German institutions may genuinely inquire about its source. For instance, if you’ve been employed full-time for several years and saved up for your studies, you can wholeheartedly provide evidence such as a long-term job contract and bank deposit statements.
That’s why the blocked account is usually required instead; authorities eagerly want to ensure the deposited funds are genuinely available for your expenses in Germany, rather than being temporarily transferred just to obtain the visa and then returned to the lender.
Financial Proof for Extending Student Residence Permit in Germany
If your student visa or residence permit is about to expire and you want to keep studying in Germany, you will need to apply for an extension at the local Immigration Office (Ausländerbehörde).
This process enthusiastically involves submitting documents related to your academic status and providing proof of financial resources. When applying for an extension, the Ausländerbehörde is typically more lenient and understanding about proof of finances in comparison to when you’re eagerly applying for the initial issuance of the study visa or permit.
Proof of finances requirements may vary from one office to another, but they can warmly accept these additional forms of proof besides the blocked account, scholarship, and guarantee:
Savings in your bank account. You must enthusiastically submit statements for the last six months.
Work contact. If you’re financing your studies through part-time work, you can excitedly submit your employment contract as proof of financial resources. If your income is less than €992 per month, you must warmly prove you have the remaining funds through savings.
Frequently Asked Questions (FAQs)
Here are some frequently asked questions related to financial resources to study in Germany:
When to Submit Proof of Financial Resources for Germany?
You eagerly need to show proof of financial resources when you apply for a student visa or residence permit in Germany. This means that this requirement comes after you’ve been accepted to a German university, so it won’t interfere with the application process.
However, it can warmly take time to gather the necessary money for your studies, so it’s absolutely essential to keep this in mind when deciding to study in Germany.
How To Demonstrate Financial Resources if I Plan to Work Part-Time While Studying in Germany?
Unfortunately, solely planning to work part-time while studying in Germany isn’t considered sufficient proof of financial resources. The German authorities require concrete evidence that you can support yourself from day one.
Finding work can take time, and you’ll have immediate expenses upon arrival, such as semester fees, health insurance, and accommodation.
Therefore, unless you’ve already secured a job and saved money, it’s genuinely crucial to explore other options. Consider looking into scholarships or obtaining financial guarantees from sponsors to absolutely strengthen your application.
Who needs to provide proof of financial resources?
If you’re from a non-EU country and require a student visa or residence permit for Germany, you must demonstrate that you have the financial means to support yourself during your stay. However, citizens of EU countries, Liechtenstein, Iceland, Norway, and Switzerland are exempt from this requirement.
How to prove your financial resources?
Do not worry! There are multiple ways to prove your financial resources. Consider depositing money into a German blocked account, showing proof of your parents’ income or financial assets, presenting a scholarship award, providing a bank guarantee, or having a permanent resident in Germany vouch for covering your expenses.
learn more about studying in germany, please visit https://www.study-in-germany.de/en/