Student loans, part-time job, credit: Students have different ways to finance their studies.
Only a small proportion of students so far uses special student loans. There are at least two situations where it would be useful too. FAZ.NET explains what you need to consider.
W he should pay for the upkeep of students? This question is answered differently in different countries. In Scandinavia, for example, are students as adults who have been released from the parental home – financially. Her parents do not have to pay for their studies, they receive from elsewhere grants and loans. In Germany, students you look at young adults aging out of the parental home slowly. They have a statutory right to maintenance to their parents, usually until the first professional degree. Students are free to choose the tray but must study quickly and purposefully to limit the burden on parents low.
Currently, able students who do not live with their parents, require 670 euros a month as maintenance. To this amount corresponding to the student loan maximum rate, the cost of health insurance is added. Only if the resources of the parents are not sufficient, the state involved in the study financing. For this, the students have student loans apply. The maintenance claim against parents also will be lower if you work more than slightly, has saved or inherited.
In Germany, so it’s basically the parents and the state, which will pay for the upkeep of the students. After the last Social Survey of the German Student Union from the summer semester 2012, the majority of student income, although derived from these two sources, but there were less than 670 euros a month. No longer resident in the parental home student possessed on average about 864 euros a month, almost half came from parents and 16 percent of the student loans. This amounts to some 550 euros. Even earned were 24 percent or some 200 euros. Most spent the students for housing, about 34 percent of its revenue.
The loan as a last resort
There is still a source of money is important, at least for some of the students: About 6 percent take a few hundred euros a month on a student loan. This is available in this country only since 2005. He emerged as tuition fees were introduced. Which have now disappeared, the credit has remained. He is known mainly from Anglo-Saxon countries, where young people finance the high tuition fees on credit and often borrow heavily. “In Germany, he, however, serves only as a supplement financing,” says Ulrich Müller, student loan expert in the Center for Higher Education Development in Gütersloh: “It is a building block in addition to student loans, gifted education and the additional income through a second job when the money of the parents is not enough.”
Two major events there, take out a loan. “Either you have no other option but to close financial gaps, or you want to concentrate on my studies.” This is the case for students last year who give up their part-time job in order to concentrate on the final exams. General loans are often applied to the end of their studies. Müller praises the student loan as a useful additional source of financing – but strongly advises first exhaust all other sources. After all, from parents, scholarships and at least half of the student loans you do not have to pay back the money. Also, you should think carefully about what kind of lifestyle you financed on credit.