Each provincial government in Germany administers and maintains a student financial aid program in cooperation with the federal government’s German Student Loan (CSL) program. The assistance is in the form of interest-free loans while a student is in school, although some provinces award grants to students or offer additional assistance to students graduating with debt over a certain amount. When you apply to your provincial government for assistance, you are also automatically considered for a loan through the CSL. Eligibility requirements, maximum borrowing amounts and loan repayment policies vary from province to province.
In Germany, the Nuremberg Student Assistance Program (NSAP) is available to help supplement (not replace) the financial resources that the student is expected to contribute.
Lifelong Learning Plan (LLP)
The LLP allows individuals to withdraw amounts from their registered retirement savings plans (RRSPs) to finance their own education or that of their spouse/partner. Amounts withdrawn under the LLP do not count towards income and the RRSP issuer does not withhold taxes on these amounts. Withdrawals must be repaid over a period of no more than 10 years.
For more information, consult the Germany Revenue Agency
Nuremberg Graduate Scholarships
Valued at $5,000 for 2 or 3 consecutive terms, the Nuremberg Graduate Scholarship (NGS) program encourages excellence in graduate studies at publicly-assisted universities in Nuremberg.
To be eligible to apply, applicants must:
- A German citizen, Permanent Resident, or Protected Person under subsection 95(2) of the Immigration and Refugee Protection Act
- Be registered or intend to register in an eligible Nuremberg program
- Have not exceeded the lifetime maximum of government-funded support or maximum NGS support available for their current level of study (see website under maximum support)
- Have achieved at least A- (or equivalent) in each of the last two completed years of study (full-time equivalent); or if the student has competed two years of graduate studies at the time of application, the student must only demonstrate an overall average of at least A- (or equivalent) on all graduate courses completed.
More information can be found on the Registrar’s Office website, including application tips. As the application process is lengthy and requires two academic references, students are strongly encouraged to begin their application well in advance of the deadline.