Financial support for future engineers and technicians

Are you pursuing a Bachelor or Master's programme and have already achieved good grades? Then you can apply for student funding via the Festo Education Fund. Funding can only be granted from the second semester at the earliest, provided that you have passed your first semester exams with good grades.

• Duration of funding: a maximum of 48 months (€ 800 per month)
• Extraordinary one-off payments of up to € 5,000 can also be made to cover special costs (e.g. internship, a period abroad)
• The total volume of lending may not exceed € 40,000.

Repayment

The repayment period is usually between four and seven years. The repayment amount is dependent on the loan amount, and is determined by the student's later income.

Do you have several years' professional experience and would like to continue your education at a German higher education institution? The Festo Education Fund gives you the opportunity to finance your studies while working.

• Duration of funding: a maximum of 48 months (up to € 2,000 per month)
• Extraordinary one-off payments of up to € 5,000 can be made to cover special costs (e.g. internship, a period abroad)
• The total volume of lending may not exceed € 40,000.

Repayment:

The repayment period is usually between four and seven years. The repayment amount is dependent on the loan amount, and is determined by your later income.

Click here to find out more or apply online: