How do I finance my stay abroad?

For your stay abroad There are many government financing options. A popular option is receiving BAföG abroad. Your funding amount depends on your desired destination country. Specific information can be requested from your responsible international office at your university or college. To find the right information for you, you can also find out more about your specific desired country on the website of the Federal Ministry of Education and Research.

What is covered by BAföG abroad?

With the Auslands-BAföG, up to €250 is covered for each return trip within Europe, and up to €500 for trips abroad to other continents. In addition, all additional costs for health insurance and living expenses are included. It is important that the application is submitted at least six months before the start of the trip.

How can I apply for a DAAD scholarship?

The German Academic Exchange Service, or DAAD for short, is one of the largest sponsors of international exchange between students and researchers. The range of scholarships on offer is wide-ranging and finances stays abroad and internships from a few weeks to a whole year. In the DAAD scholarship database you will find all the information about a scholarship that is suitable for you.

How do I get student loans for a semester abroad?

For many students who were unable to find suitable scholarships, student loans are an option. The best-known student loan is offered by KfW Bank. Before you submit your application, you should be aware of the costs you will incur. A student loan is often paid out monthly. It is just important to know that complete study programs abroad cannot be financed. You should also continue to be enrolled at a German university during your semester abroad.

How do education funds work?

With an education fund you have the opportunity to receive financial support for your studies from investors. However, with this form of financing, an application process that often involves several stages must be passed.

The repayment of the funds made available is usually paid after completing your studies by deducting a small portion of your salary. The advantage of an education fund is that it is often not necessary to enroll at a German university.

Can I finance my stay abroad with scholarships?

Another way to finance your stays abroad is through scholarships. These do not always have to be associated with outstanding achievements. Scholarships can be financed by various organizations such as foundations, companies or governments or embassies. A distinction is made between partial and full scholarships. A full scholarship can often cover the entire cost of the stay, whereas a partial scholarship only covers part of the costs.

If you are enrolled at a university, you can apply for an Erasmus scholarship abroad through your university. Scholarships can finance living expenses, travel costs or, in rare cases, maintenance. If you would like to support a social project abroad and do not have the financial means, you can also contact us Rainbow Garden Village Partial Scholarship inform.

Can child benefit still be received?

The claim to Child benefit abroad This often has to be justified to the family fund. However, child benefit will generally continue to be paid out until you turn 25. 

What is a (FSJ) Voluntary Social Year?

A voluntary social year, or FSJ for short, lasts from 6 to 18 months. To take part, you must have already completed your school education and be under 27 years old. In principle, registration is carried out through a provider who covers the costs of food, accommodation and a small amount of pocket money. Despite the financial support, additional support from the private environment is often required. During an FSJ, volunteer work can be carried out in social, cultural or ecological areas.

Weltwärts

Weltwärts is a placement platform for volunteer work abroad that connects you with partner organizations. There are costs for travel, meals, insurance and a small amount of pocket money. In this program, you will initially be trained in specific areas that will optimally prepare you for your stay abroad. When you volunteer with weltwärts, you expand your horizons and get to know lots of new people.

Culture-wide

The voluntary service of the German UNESCO Commission is culturally wide. You will be trained in seminars and continue your skills for six to twelve months in the country of your choice. The program is funded with €150 a month in pocket money and a monthly allowance of €200 for accommodation and meals. Subsidies are also provided for language courses and travel costs. All insurance and social security contributions are included. 

European Voluntary Service

The European Voluntary Service is the right place to go for young travel enthusiasts between the ages of 17 and 30 who want to support a good cause. As a volunteer, you will be supported by covering your travel, insurance and accommodation costs.

If you want to finance your stay abroad independently of third parties, a job or internship in your target country could be a solution for you. It is important to check whether you can get a work permit in your target country. It is often possible to combine a job with other financing options such as scholarships. Choosing your job abroad does not always have to match your qualifications. When it comes to work and travel, for example, many odd jobs offer the opportunity to finance your stay abroad with tasks such as farm work or helping out in a hotel. Since these jobs are usually for a short period of time, many people use this opportunity to explore several places in the target country.

If you are looking for a suitable one Internship are or you like as a volunteer abroad If you would like to, take a look at the wide range of offerings at Rainbow Garden Village, which will enable you to gain valuable work experience in many areas and have unforgettable cultural experiences.