Year abroad financing, how can i finance my year abroad?

The crucial question for the year abroad is: How do I finance my stay abroad? Your project is certainly not affordable. But don’t despair: We have some great tips for you to help you with the financial aspect of your year abroad.

Sources of money to finance the year abroad

If you are not currently blessed with wealthy and willing parents to pay, it means that for you, after alternative sources of money to see. It makes sense if you have one right at the start of planning – at least a year in advance Kassensturz doing. If the savings book, account or savings stock is not enough, you definitely have enough time to fill it up. There is the possibility, Applications for grants such as a scholarship put. You should definitely take this opportunity. And then you should take every opportunity to To save money. It can make sense to tell you about one part-time job like babysitting or tutoring at least partially to finance your dream. But make sure that jobs and school or study do not get in the way. This does not help anyone. Please also ask your parents, relatives and friends for your birthday, Christmas, etc. instead of wool socks, chocolates or ties Bares for your project "year abroad" to give. Once the money sources have been exhausted, the financing of the year abroad is certain to be on the safe footing after your planning year.

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Funding through a scholarship

Numerous professional Organizations from years abroad offer scholarships for stays abroad. In addition, forgive other German institutions, such as the German trade association “High School“(DFH), either partial or full scholarships to promising young people. Also look out for other funding opportunities local initiatives or programs in your environment.

Financing through BAföG abroad

You may be entitled to receive BAföG abroad. For this funding you have to make an application in good time. Whether and how much support you get depends very much on the target country and other factors.

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Here we show you exchange organizations that offer student exchange programs worldwide. Order catalogs to your home free of charge and without obligation and get information about student exchange goals.

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