Warm money rain for students: Increase from the winter semester

Warm money rain for students: Increase from the winter semester

Finally good news for students who are chronically deprived of their money because their parents do not earn enough to finance their studies:

From the winter semester there are more Education Assistance Act fees!

From the winter semester there are more Education Assistance Act fees!

And the increase in School will be noticeable: There are seven percent more for students and students who are eligible for Education Assistance Act. The maximum funding increases from 670 to 735 € per month.

 

For students who are already funded, the new School rates apply from October, for new applications already from 1 August 2016. The following overview shows how the long-awaited School increase in euros fails:

Overview: These are the new School rates from winter semester 2016  

Overview: These are the new School rates from winter semester 2016  

  Outside living Living with the parents
  so far from autumn 2016 so far from autumn 2016
basic needs 373 € 399 € 373 € 399 €
Need for accommodation 224 € 250 € 49 € 52 €
usually required 597 € 649 € 422 € 451 €
health care allowance 62 € 71 € 62 € 71 €
term care insurance allowance 11 € 15 € 11 € 15 €
maximum funding 670 € 735 € 495 € 537 €

Are you entitled to Education Assistance Act? Now check again!

Are you entitled to Education Assistance Act? Now check again!

Simultaneously with the promotion, the allowances on the income of the parents also increase. In other words, anyone who was left empty-handed in the past year because the parents earned too much can now expect the coveted monthly subsidy after raising the rates. For example in such a constellation:

Example: The parents have an annual income of € 53,000 as employees and pay € 8,200 in taxes. So far there was no Education Assistance Act. After the increase to this winter semester, however, a claim of € 108 a month arises.

Background: What is EA anyway?

EA is the abbreviation for the financing of studies by the Federal Education Assistance Act. The application is submitted to the respective Studentenwerk of the university. Half of the funding is a grant that does not have to be repaid. The other half will be paid as an interest-free loan, which the beneficiaries will have to pay back after completing their training – but not more than € 10,000.

 

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