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There is a state support program for Students (starting at High school age if necessary, covering higher education and apprenticeship programs) whose parents co
by pintxo 8y ago
There is a state support program for Students (starting at High school age if necessary, covering higher education and apprenticeship programs) whose parents combined income is below the threshold.
It‘s called Bafög (if I recall correctly that’s for Bundesausbildungsförderungsgesetz, Federal Apprenticeship/Study Subsidary Law)
Depending on financial background it‘s partly paid as loan / gift. With low interest and payment schedules linked to the actual income after exiting the program.
- Broken_Hippo 8y agoNorway has a similar program. Students have a stipend that doesn't need repaid: It is just enough to live a very frugal life (and in some cases, not quite enough). I'm pretty sure repayment is dependent on what you earn afterwards. And as a bonus, if someone is willing to live and work up north for some years (5 or 10, I can't remember), you won't have to repay the loans.