Can I get a student loan just for living expenses?

Yes, you can take out student loans for living expenses and other housing needs. Student loans — both federal and private — can be used to cover more than just your tuition. They can also cover living expenses, such as housing, groceries, toiletries, and more.

Can you get student loans to cover housing?

Student loans can be used to pay for room and board, which includes both on- and off-campus housing. So the short answer is yes, students can use money from their loans to pay monthly rent for apartments and other forms of residence away from campus.

Can I take a loan in Germany as a student?

Another way of financing your studies in Germany is by getting student loans. Moreover, many German universities have established their own student loan schemes to support foreign students. Public student loan schemes mostly charge no interest rate, while non-government resources may apply a low rate of interests.

How can I get a scholarship for living expenses in Germany?

Government-funded scholarships to study in Germany Erasmus+ – The largest provider of scholarships for study in the EU, Erasmus+ is led by the European Commission, funding international students to study in Europe. It provides grants towards living costs when participating in an exchange program to study in Europe.

Can I use student loans for a laptop?

Yes, you can in fact use student loans to pay for a computer. You can use student loans to pay for a new computer since it is a pretty essential tool for college. You can also use your student loans to purchase software and internet access as well. Any amount you borrow, you will need to pay back, plus interest.

Does OSAP give you money for rent?

OSAP comes in the form of a loan (you pay this back) and grants (you do not have to pay this back, yay!) provided by the federal and provincial governments. You can put this money towards your tuition, books, residence/rent, etc.

Who can get Bafog?

To qualify for BAföG, one must generally be a citizen or permanent resident of Germany and/or have lived in Germany for five consecutive years. There are some exceptions. Generally, BAföG repayments are capped to a maximum of 10,000 € regardless of the total loan sum that was granted.

How much is the cost of living for a student in Germany?

Average Monthly Expenses for an International Student in Germany

Item/Expense	Rate	INR (As Per Exchange Rate) Approx.
Personal Expenses	€50 – €200 Depending on the lifestyle you choose to live in Germany.	INR 4,300 – INR 17,000
Total Expense	€750 – €1715 per month	INR 64,000 – INR 1,47,500