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One in five MV students uses state funding

BAföG, public scholarships or loans are ways of financing all or part of your studies. A data analysis shows that relatively few students in MV make use of state offers.

,   and  Christian Meier
2 min read
Students sit in a lecture in a university lecture hall. Photo.aussiedlerbote.de
Students sit in a lecture in a university lecture hall. Photo.aussiedlerbote.de

Education - One in five MV students uses state funding

Around a fifth of students in Mecklenburg-Vorpommern rely on state funding such as BAföG, scholarships or educational loans to finance their studies. This is the result of a survey presented on Friday by the non-profit Center for Higher Education Development (CHE), which for the first time provides a state evaluation for 2022.

According to the survey, the proportion of students who receive BAföG, an advancement scholarship, a Deutschlandstipendium or a scholarship from a scholarship organization for gifted students or use an education loan or KfW student loan is 21.8 percent. The overwhelming majority of 78.2 percent are unable or unwilling to use any of the aforementioned state grants.

On average, students needed around 900 to 1000 euros per month to finance their studies. They draw on a wide variety of sources for their financing mix: in addition to parental support, BAföG and their own income, for example from part-time jobs, scholarships and student loans are generally also key elements.

According to the data, the proportion of BAföG funding in MV in 2022 was 17.8 percent of all students (6831) and 11.5 percent nationwide. The average BAföG grant last year amounted to 623 euros per month, twelve euros higher than the national average (611).

0.8 percent (nationwide: 1.0 percent) received a Deutschlandstipendium scholarship and 0.7 percent (1.1 percent) received a scholarship from a scholarship organization for gifted students. In the winter semester 2022/23, 0.5 percent of students in MV (0.5 percent nationwide) had new contracts for loans from the state development bank KfW.

CHE

Read also:

  1. The non-profit Center for Higher Education Development (CHE) is based in Gütersloh, a city in North Rhine-Westphalia, Germany.
  2. Many students in Mecklenburg-Vorpommern, particularly those from universities in Gütersloh's neighboring state, rely on scholarships to fund their education.
  3. A notable organization offering scholarships is located in Rostock, a city in the state of Mecklenburg-Vorpommern, which aids students with exceptional talents.
  4. The Finances ministry in Germany is considering expanding the availability of scholarships to include more students, recognizing the social importance of affordable higher education.
  5. The CHE survey revealed that even in wealthy Germany, financial concerns often lead students to work part-time or pursue additional methods of funding, such as scholarships or loans.

Source: www.stern.de

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