New financing option - Monthly payment scheme

In light of the current situation, Frankfurt School is pleased to announce a new monthly payment scheme to ensure students do not have to worry about their finances in these uncertain times.

Frankfurt School will thus create subsidized financing packages with some including reduced costs for the first year in the FS Dorms.

Additional features

• Housing for first 12 months is included in some packages from 1 August to 31 July of the following year
• Any additional reductions (scholarship, early bird discount, etc.) lead to adjustment in final rate
• FS students eligible for KfW funding up to 650 EUR (compare to monthly rates)

• The monthly payment plan accounts for the interest compensated by FS in the payments being delayed. The interest is accounted for in the final payment. You may also increase your monthly payments if you wish to reduce the interest in the final payment.

The KfW Student Loan supports students with at least 100 Euro and up to 650 Euro per month during your degree course. It requires no collateral and is independent of income or assets.

Students enrolled at a state or state-recognised tertiary institution in Germany in the following categories

• German citizens
• EU citizens who have been lawfully residing in Germany on a permanent basis for at least three years
• So-called educational residents with a domestic primary residence who obtained a German Higher Education Entrance Qualification by graduating from a high school in Germany or a German school abroad.
• EXCEPTION (financial bridging assistance in pandemic emergency situation): All foreign students in Germany and with a registered address in Germany, regardless of their nationality and the duration of their stay in Germany so far.

Application requires a valid student matriculation certificate for the requested start of financing: the certificate must specify the (first) subject, semester and intended degree

The term of the KfW Student Loan is divided into 3 periods (disbursement, grace and repayment period)