KNOW ALL REQUIREMENTS
PROOF FINANCIAL RESOURCES
Proof Financial Resources: Before you begin your studies, you will have to prove that you have enough money to support yourself. The document you need is called a “Finanzierungsnachweis”, or proof of financial resources. You are asked for it when you apply for an entry visa. At the latest, you will need to present it when you apply for a residence permit in Germany. In most cases, applicants have to prove that they have around 8,700 euros at their disposal for one year.
PROOF FINANCIAL RESOURCES
8,700 EUROS FOR ONE YEAR
There are a number of ways to show that you can finance your studies. The following forms of proof are possible:
– Your parents can submit documents certifying their income and financial assets.
– Someone with permanent residence in Germany can guarantee the Alien Registration Office to cover your expenses.
– A security payment can be deposited into a blocked account.
– You can present a bank guarantee.
– You can present a scholarship award notification from a recognised scholarship provider.
Make sure to inquire at the Green Way in your country as to which form of financial proof is required!
SELF SUPPORT
PART-TIME JOB
If you would like to work in Germany, there are certain rules you have to observe as an international student. A part-time job can provide some extra spending money, and you can work up to 960 hour per year, given that the minimum rate for the working hour is 8.5 euro/hour, this can be a great support to your study in Germany.
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