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The new package of reforms for the German Federal Education Assistance Act, known as “BAföG”, is in force since August 1, 2016, with the aim of improving the financial assistance for present and future beneficiaries. The amendment provides for an increase of the required rate and income allowance, rent subsidy and support for young parents as well as a reduction of the bureaucratic process. Students will be able to benefit from these improved conditions in the regulatory framework with the start of the new school year/Winter-semester.
According to the forecasts, not only will the funding amount rise but more students will actually be able to benefit from BAföG, leading to an estimated average increase yearly by 110.000, resulting in the highest number of beneficiaries in more than 3 decades.Concretely the changes entail:
Apart from this, third-country nationals with permit for residence or tolerated stay will now be able to apply for BAföG after just 15 months rather than 4 years, as before.
To better support BAföG beneficiaries and create more equitable education opportunities, the total reform package sees an additional yearly investment of EUR 825 Million.