Loans, Scholarships & Co.

Financial Support for Students

Did you know? 76 percent of all students in Germany finance their studies at least to some extent with a part-time job. Students who receive BAföG benefits are allowed to earn up to 603€ per month from a part-time job without this being counted towards their funding. Our student job placement service will help you find the right job.

You need more information on financial support for students?
Our social counsellor is there to help!

However, your finances are not always secured until the successful completion of your studies: If you would like to study but are not entitled to BAföG and do not have any additional income, there are other forms of assistance available.

How can you finance your studies?
In the University of Potsdam's “Study Stream,” the Central Student Advisory Service and the Studierendenwerk West:Brandenburg provided information about BAföG, part-time jobs, scholarships, and support options in case of financial difficulties. The german recording is available on YouTube.

Only the students with the best grades receive a scholarship? That is not true! Students who do volunteer work as well as others can be eligible for scholarships, too.

In its Scholarship Database (EN | DE) the Deutscher Akademischer Austauschdienst (DAAD) lists all possible sponsors for international students. Also: Find more information about grants and scholarships for international students on the website of Deutsches Studierendenwerk (EN | DE).

 

Hardship Loan
Students in a financial emergency situation can apply for an interest-free hardship loan from us. If BAföG payments temporarily cease for reasons for which you are not responsible - for example, until approval of your BAföG application - the loan can be applied for to bridge the gap and will then be offset against the next BAföG payment.

Please note:
You can also apply in other cases, however, we need proof of the financial emergency situation within your application. A maximum of up to 500 euros will be paid out. The payment modalities - whether one-time payment of the total amount or distribution of the amount over several months - are specified in the loan agreement. The same applies to the repayment of the loan, which starts three months after the payment.

Contact: bafoeg[at]stwwb.de

Loan for Students, Who Are in the Process of Graduating
Making ends meet financially, but you are not or no longer entitled to BAföG? Students who are in financial need during the final phase of their studies and have no other means of financing their living expenses can apply for a "Studienabschlussdarlehen" from us.

Please note:

  • Apply in good time! This ensures payment from the beginning of the penultimate semester.
  • A guarantee ("Bürgschaft") is required for the loan to be granted.
  •  PhD students etc. are not eligible for this type of loan.
  • The loan will not be granted if your living expenses can be secured in another way

Contact: bafoeg[at]stwwb.de

Students in a financial emergency situation can apply for a one-time assistance from our emergency fund. This is a one-time grant of a maximum of 380 euros.
Please note:

  • The emergency situation must be proven in the application.

Application for One-Time Assistance:
The basis on which we check explains our policy (DE)
Please complete the application for one-time financial aid (EN) and and send it to us.

Along with your application we need:

  • A Copy of identity card or passport
  • A Certificate of study for the current semester
  • Bank statements for the last two months (retroactive from the day of application)
  • Proof of all accounts - also online accounts (Visa, PayPal, ... with current balance)

Do you have questions about the one-time assistance? Our social counsellor will help you: einmalhilfe[at]stwwb.de

Only few international students are eligible for these loans: "Bildungskredit" and "KfW-Studienkredit". The Bildungskredit is intended for students in an advanced stage of their education and is paid for a maximum of 2 years (max. 300€ per month). Students who do not receive BAföG benefits (anymore) have the possibility to apply for the KfW-Studienkredit.The maximum payment amount is 650 euros per month. Important: The loan is only available to students in their 10th semester or less. The interest rates are considerably . Against this background, you should carefully consider whether taking out a student loan is the best choice and no other financing option is available. Applications can only be made online. Information on the KfW student loan and application

 

As an international student, you may be eligible if:

  • you are an EU-citizen, who has been living in Germany for at least three years and who is registered here
  • you are related to a German or an EU-Citizen and live with them at a registerd address in Germany
  • you have a German university entrance qualification through a German school leaving certificate

More Information:

https://www.kfw.de/inlandsfoerderung/Privatpersonen/Studieren-Qualifizieren/index-2.html

 

Privacy policy for the application process for financial grant for students in need (one-time assistance)

The Studierendenwerk West:Brandenburg collects and processes personal data solely in accordance with the applicable data protection regulations of the Federal Republic of Germany.

Name and Contact Details of the Controller Responsible for Processing, as well as the Data Protection Officer

The Studierendenwerk West:Brandenburg, Babelsberger Straße 02, 14473 Potsdam (hereinafter referred to as “we”), is the controller within the meaning of the EU General Data Protection Regulation (“GDPR”). The Data Protection Officer can be contacted at the above address or via email at datenschutz@stwwb.de

Collection and Storage of Personal Data, as well as Their Type, Purpose, and Use

We process personal data related to the allocation of funds from semester fees or the exemption/reimbursement of the Student Services contribution. Specifically, the following categories of personal data may be processed, including, where applicable, data of the spouse or registered/unregistered partner: personal information; contact details; marital status data; payment data; social security data; access credentials; health data that do not necessarily include diagnoses; traffic data (such as the IP address of the device accessing the portal); educational data; income data; asset information; financial obligations; childcare data; image data; and social benefits data.

We process your personal data solely for the purpose of fulfilling the tasks assigned to us under Section 87 (2) of the Brandenburg Higher Education Act (BbgHG), in particular to provide services for students in social, economic, and cultural areas.

The processing is based on the following legal grounds: The legal basis for processing your personal data is Article 6(1) sentence 1 lit. (e) GDPR. According to this provision, the processing of personal data by public authorities is permissible if it is necessary for the performance of a task carried out in the public interest or in the exercise of official authority vested in the controller. Furthermore, data processing may also be based on your consent (Art. 6(1) sentence 1 lit. (a) GDPR) or for the fulfillment of a legal obligation (Art. 6(1) sentence 1 lit. (c) GDPR).

Retention Period

We delete your personal data once it is no longer necessary for the purposes described above and provided that no statutory retention obligations prevent deletion.

Disclosure of Data to Third Parties

Your personal data will not be transferred to third parties for purposes other than those listed under section 2) and based on the legal grounds specified therein. Otherwise, personal data is processed on our behalf under contracts in accordance with Art. 28 GDPR, in particular by the provider of the application platform, NETQUES . daten & diagnostik GmbH. No transfer to a third country takes place, nor is it intended by us.

Your Rights

You have the following rights:

    • Under Art. 7(3) GDPR, you have the right to withdraw any consent you have previously given to us at any time. This means that we may no longer continue processing data based on this consent for the future.
    • Under Art. 15 GDPR, you have the right to request information about the personal data we process about you.
    • Under Art. 16 GDPR, you have the right to request the immediate correction of inaccurate or incomplete personal data we hold about you.
    • Under Art. 17 GDPR, you have the right to request the deletion of your personal data we hold, unless processing is necessary for exercising the right to freedom of expression and information, for compliance with a legal obligation, for reasons of public interest, or for the establishment, exercise, or defense of legal claims.
    • Under Art. 18 GDPR, you have the right to request the restriction of processing of your personal data, where the accuracy of the data is contested by you, the processing is unlawful but you oppose deletion, and we no longer need the data, but you require it for the establishment, exercise, or defense of legal claims, or you have objected to processing under Art. 21 GDPR.
    • Under Art. 20 GDPR, you have the right to receive your personal data that you have provided to us in a structured, commonly used, and machine-readable format, or to request its transfer to another controller.
    • Under Art. 77 GDPR, you have the right to lodge a complaint with a supervisory authority. Typically, you may contact the supervisory authority of your habitual residence, place of work, or our company’s registered office.

Necessity of Providing Personal Data

Providing personal data is neither mandatory nor are you obliged to do so. However, the provision of your data is necessary for the allocation of funds from semester fees. This means that if you do not provide personal data, your application for the allocation of funds from semester fees cannot be accepted or processed.

No Automated Decision-Making

No automated individual decision-making takes place within the meaning of Art. 22 GDPR.

Changes to the Privacy Notice

We continuously develop and optimize our services, which may include adding new functionalities. If this affects the way your personal data is processed, we will inform you in a timely manner through our privacy notice. For further information, please refer to the privacy notice on the website of the Student Services Organization West:Brandenburg: https://www.stwwb.de/en/about-us/privacy-policy

Contact

General BAföG-Consultation
+49 331 3706 308
Babelsberger Straße 2
14473
Potsdam
Katrin Steffen
Social counsellor
room: 4.19
+49 331 3706-251
Babelsberger Straße 2
14473
Potsdam