KfW study loan
For financing your entire studies or longer study periods
For financing your entire studies or longer study periods, many banks offer a so-called study loan. The Studentenwerk Frankfurt am Main consults you in regards to the KfW study loan of the KfW development bank.
Starting from the first payment, the KfW study loan is paid with interest. The entire loan duration can be freely adjusted. Monthly payments between 100,- euros and 650,- euros are possible until the 14th semester. The parents’ or spouse’s income is irrelevant, collateral are not required.
The repayment begins after the payment period in monthly rates of at least 20,- euros, six months at the earliest and 23 months at the latest. The repayment can take up to 25 years, deferments are optional.
Advising and application are to be considered at the Studentenwerk Frankfurt am Main or any other distributor of the KfW development bank.
We recommend considering a thorough advising through our employees about the conditions of a study loan. The total loan with the accrued interest, which must be repaid after your studies, should not be underestimated.
You can find further information about the application and a repayment calculator here.