From 01.06.2020, international students (non-EU) in #Germany can apply for a loan with 0% interest rate from the #KfW (Kreditanstalt für Wiederaufbau, State Development Bank). The program helps those who are facing financial hardship because of losing their part-time jobs during the #Corona #crisis.
Here is an overview of the #Corona-Hilfe:
📑 you are eligible:
You are enrolled in public or state-recognized institutions in Germany
You are doing: - a first or second degree with a bachelor's, diploma, master's or state examination (undergraduate degree) - an additional, supplementary, postgraduate or master's degree course (postgraduate course), - a doctorate
You are between 18-44 years old
Residence in Germany
💶 Loan: 1. Max 650€/month
Interest rate = 0% (until 31.03.2021, after that you have to pay the regular interest rate)
Application from 01.06.2020 to 15.02.2021, online via https://onlinekreditportal.kfw.de/…/Studienkred…/Allgemeines
First payout starts from 01.07.2020
Still have questions? Don't hesitate to chat with us!