Funding and Financial Aid:

Various providers offer cash benefits from a so-called education fund to help finance studies and living costs. Those who successfully apply for the funding determine in their individual contract what percentage of their future gross income after graduation will be repaid in return for the support provided. Depending on earnings, this may be more or less than the amount received. The amount of the regular or one-time payment, the repayment period and the amount to be repaid depend on the provider’s selection criteria.

The Media University works with the provider Brain Capital.

The German Federal Student Loan Program “BAföG” is a program created by the German government and is an abbreviation for the “Federal Education Assistance Act”. This is a governmental social contribution program for apprentices, trainees and students in the form of interest-free loans.

All full-time degree programs at the Media University are generally eligible for BAföG. The amount of your personal BAföG entitlement depends on various factors, such as your parents‘ income. You can determine your personal entitlement online at www.bafoeg-rechner.de.
No matter which Media University location you study at: Since the Media University is a Berlin university, the Studentenwerk Berlin is responsible for your application.

Since the individual examination of your application by the BAföG office can take some time, you should submit the application as early as possible and enclose all the necessary documents. These include the completed forms and other supporting documents such as the rental contract (if you no longer live with your parents), your parents‘ income data and proof of your own assets. You can now also fill out the application online here.

You will only be paid from the month you apply, not retroactively.

If you have any questions about BAföG, you can contact the Department for Educational Assistance at the Studentenwerk Berlin or call the toll-free hotline offered by the Federal Ministry of Education and Research together with the German National Association for Student Affairs. You can reach the BAföG hotline by calling 0800-223 63 41 or 0800-BAFOEG1 from Monday to Thursday 8- 18, Friday 8 -16.30.

The KfW’s student loan (German abbreviation for “Kreditanstalt für Wiederaufbau”) offers a funding opportunity for students during their first academic and continuing academic careers and is independent from the income of the students, or that of their parents (assuming there is no personal insolvency issues). Students can apply to receive a monthly rate starting from 100,- up to 650,- EUR. You can have your individual amount of support calculated at the KfW’s website.

In addition to, or as an alternative to the BAföG-loan, there is the educational loan (Ger. “Bildungskredit”), which the German Federal Government initiated. The student loan provides support for students in advanced educational stages. It is of limited duration and of reduced rates of interest.

You can apply online through the Federal Administration Office’s (BVA) website here.

The German Academic Exchange Service (DAAD) supports well over 100,000 German and international students and scholars around the globe every year – making it the world’s largest funding organization of its kind.

DAAD scholarships are primarily aimed at advanced students, doctoral candidates and postgraduates and are awarded for study and research stays at universities and non-university research institutions in Germany. In some programs, internships are also funded.

Here you can find more information

Prospective and current students of Media University have the possibility to apply for public scholarships. Depending on the selection process (prospective) students can apply or be proposed for a scholarship. As a rule, the receipt of a scholarship is linked to outstanding achievements in school or university and/or to a special social, social or political commitment. In addition to financial support, which does not have to be paid back, scholarship holders often receive non-material support in the form of knowledge transfer, advice and contacts.

There are several websites that may help finding the right scholarship for you:

www.e-fellows.net

www.elternkompass.info

www.mystipendium.de

Selection of Foundations

Cusanuswerk – Bischöfliche Studienförderung – www.cusanuswerk.de

Ernst Ludwig Ehrlich Studienwerk – www.ELES-studienwerk.de

Evangelisches Studienwerk e.V. Villigst – www.evstudienwerk.de

Friedrich-Ebert-Stiftung – www.fes.de

Friedrich-Naumann-Stiftung – www.freiheit.org

Hanns-Seidel- Stiftung – www.hss.de

Hans-Böckler-Stiftung – www.boeckler.de

Heinrich-Böll-Stiftung – www.boell.de

Konrad-Adenauer-Stiftung – www.kas.de

Stiftung Begabtenförderung berufliche Bildung – www.sbb-stipendien.de

Stiftung der Deutschen Wirtschaft – www.sdw.org

Studienstiftung des deutschen Volkes – www.studienstiftung.de

There are special funding programs or scholarships for refugees. You can find an overview, also by country of the Media University locations, here:
Overview of federal/state funding opportunities: click here

Berlin: https: click here
North Rhine-Westphalia: click here
Hesse: click here

When enrolling in a full-time degree program, it is important to note that studying should be the student’s main occupation and that holding a part-time job can extend the length of study. Nevertheless, student part-time jobs are common practice, which is why they should not be left out of this list.

Please note that the money you earn in your part-time job will affect your BAföG entitlement.

At this point, we would like to draw your attention to local job exchanges:

Job database of the Studentenwerk Berlin