Looking to study in Germany? Fear not, as the cost of studying here is quite affordable, especially for Indian students. However, getting financially stable is the priority of every student opting for abroad education. While it may seem like an easy task, managing your finances once you are here can be a challenging task. While the university and academic charges are not so heavy, the cost of living in Germany can put you in a tough situation.
For a student, different factors come into play when considering their financial responsibilities. Take a look at a few factors that can help you decide the overall cost of your education in Germany.
Total College/Tuition Fee For Studying In Germany
Tuition fee is one of the most crucial factors among entire study costs in Germany for Indian students. You can compare the tuition fee per your field of study. In comparison, some universities charge you per semester, while others may charge you based on your qualifications. Other than this, some colleges also charge students a certain number of euros each month for accommodation and food.
Studying in Germany is highly competitive, and getting admission to good colleges is not easy. To get admission to popular German universities, like the University of Berlin and Philipps Universität Marburg, etc., one must apply six months in advance. Different universities will have different tuition rates, which are set according to the specific education subjects and their difficulty levels.
Duration of The Course
It is a fact that studying for a longer duration will lead to better opportunities and more time to get acquainted with the local culture. However, this is usually true only in the case of more technical courses such as engineering. Furthermore, the course duration can also affect the tuition charge, so it’s best to check with your chosen university/college on what this entails. Get more information about the duration/cost of study in Germany
On the other hand, studying for less duration will give you the possibility to get a job at a faster pace and make some money. But, the rate of return per your investment will be very low in the case of shorter-duration studies. Hence, students opting for a shorter duration should study those subjects which require lesser skills and are easy to learn.
Accommodation Type and Charges
Budgeting accommodation on top of your tuition fee can be a major hurdle for some students. After all, living expenses in Germany will surely rise when you combine them with higher tuition costs.
However, whatever the type of housing, one thing that should remain in mind is that there are different licenses for different types of accommodation. That means you should choose an accommodation licensed as per your university charge and not as per the surroundings.
Visa & Application Charges for Studying In Germany
If you are applying for a German visa, then you will have to pay more money for the visa application. Not all students who study abroad in Germany need a visa, but it is always better if you apply for your visa on time so that there is no problem with the time of your travel and documentation. Apart from this, many other documents will have to be submitted along with the application form, and they cost different amounts.
For example, if you are applying for a Student Visa in Germany by way of long-stay visas, it will cost around 200 euros per year. A student from India cannot directly apply for this visa, but it can still be helpful if you have a job offer in Germany.
Conclusion
Studying in Germany is a great way to enhance your career prospects and gain a lot of experience. Hence, it is always better if you can manage your finances well and make the most out of your time as a student in Germany. Therefore, it’s not about how much money you have but how you spend it wisely and keep yourself financially stable.
