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bbw University

Leibnizstrasse 11 - 13
10625 Berlin

Tel.: +49 (0)30 / 319 909 50
Fax: +49 (0)30 / 319 909 555

E-Mail: info@bbw-hochschule.de

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Financing

You want to expand your horizons, meet new people and experience a foreign culture up close and that’s why you’re planning a stay abroad. But how can you turn this dream into reality and who can help with the financing of a stay abroad? Here, you will find out what options there are for financing your studies.

Student Mobility Funding Rates

Funding for students’ Erasmus+ visits is based on the different cost of living levels in the destination countries (“programme countries”).

Since project year 2014, the minimum rates below have applied throughout Europe to three groups of countries:

  • Group 1 (400 euros per month): Austria, Denmark, Finland, France, Great Britain, Ireland, Italy, Liechtenstein, Norway, Sweden.
  • Group 2 (350 euros per month): Belgium, Croatia, Cyprus, Czech Republic, Greece, Iceland, Luxembourg, Netherlands, Portugal, Slovenia, Spain, Turkey.
  • Group 3 (300 euros per month): Bulgaria, Estonia, Former Yugoslav Republic of Macedonia, Hungary, Latvia, Lithuania, Malta, Poland, Romania, Slovakia.
Erasmus+ interns receive an additional 200 euros per month, i.e. Group 1: 600 euros, Group 2: 550 euros, Group 3: 500 euros.

The monthly funding level depends on the overall budget and the number of applicants, so it can vary across the different project phases.

The funding is only intended to cover part of the cost of living in the other country.

You should make sure, in advance, that you have enough funding for your study visit. Compared with Berlin, in another country you will have far more expenses (800-1200 euros per month), depending on the country and where you are studying. 50% of the monthly allowance should normally go towards renting. Explore the option of getting an international BAföG subsidy, (up to 300 per month of ERASMUS subsidies are exempt from means testing) or take out a student loan. No parallel or duplicate funding is permitted for similar expenses from funds in other EU programmes or the DAAD.

In principle, the host university is not permitted to ask for any course fees from incoming students. So the course fees at the home university, the bbw University, remain in place.

The ERASMUS+ grant can be combined with additional funds.

The funding options below are available:

  • Grants - database for international grants
  • Student loan - The Federal Government's student loan scheme

  • International BAföG - State assistance, including for students who have no BAföG subsidy within Germany
  • PROMOS - Grant for short international visits of up to one semester