The cost of education in Germany

Student loans in Germany today

By Johan van Wyk | 09h15 |

Student grants or loans or mostly referred to as BAföG [ "Bundesausbildungsförderungsgesetz" (Federal Training Assistance Act) or "BAföG"]

Here is an overview published by Wikipedia.

"The eligibility for student loans is (usually) dependent upon parent income, as parents are required by law to fund their children's education (including higher education), and therefore students could theoretically sue their parents for funds for their education (although this is rarely done for obvious reasons). For low-income families, BAföG loans take over when these obligations can not reasonably be met by parents.
   

BAföG-loans are usually given out half as zero interest loan (to be repaid only after the receiver exceeds a certain income level after graduation) and half as grant money to university students. High school students get the full amount as grant money if they are eligible. The current maximum amount per month (for a university student is €643,-). 

This can be lowered gradually if student or parent income or student assets exceed certain amounts. Thus the amount paid out can be lower than the maximum amount and even loans of 1 euro per month are given out if the calculation returns that amount. Such low grants seem nonsensical at first, but they are usually accepted by students (loans can be refused by the student), because eligibility for a BAföG loan (even at the minimum of 10 euro per month) makes the student eligible for some other benefits like cut-rate telephone service or waiving of public television licence fees (which otherwise are paid by everyone who manages a household).

Generally, BAföG loans are independent on student achievement or grades at least for two years. After that, a certain minimum grade level has to be met and proof of participation in required, but ungraded courses, needs to be provided to stay eligible. Change of field of study is allowed once during the first two years without becoming ineligible. For university studies, every field of study has predefined a maximum study duration (usually around five years), after which the student becomes ineligible for BAföG. Further funds can be granted as low-interest loan for another two years if certain criteria (like reasonable likelihood that the student will graduate during that time) are met."


You can read the facts here: FAQ about study grants or loans in Germany


Hinweis: Alle Informationen haben wir nach bestem Wissen zusammengestellt, können aber trotzdem keine Gewähr für Ihre Richtigkeit übernehmen.
 

How many people see your post on Facebook really?

Have you ever though, how many people saw your post on Facebook?

Well you can google it, or if you use AOL, Bing or another search engine.It is really interested to see the dream world Facebook have create to its users.

User content visibility on Facebook

Users often think, the whole world see post of them on Facebook. If it is the case, why does Facebook require with its boost payment?

What can we learn from the graphics below?

Add your comments in the text box below. To zoom in on the picture, simply "Click" on the picture for a bigger effect. If it does not open in another window, click on the back button, left from the URL or Address Bar.

Networking: How can it change your life situation?

Questions and answers about networking.

When you read or hear the word "networking", all of us shape different ideas and opinions about what "networking" mean to us. This is perfectly correct to have your own opinion and there is nothing wrong about having different opinions.

A case study has revealed the above illustration, how different races do networking. It also illustrate that focus are put on careers often by whites.

Blacks or non-whites (mulato, mixed-race, colored, Indian, Hindu, Arab and Pakistani) mostly focus on religious related issues in networking.

Do you see the difference?

If you do, share the post in a group, on twitter, Facebook or among your friends.

How do networking start?

There are different ways to start networking. Networking is influenced by many economic decisions, both private and public. Sometime unemployment drive people to start networking. Often enough networking is started by a demand to create a better quality of life style. With the economic slow-down accross the world, people has start to create more business networking models, that create more wealth to their present situation or to change their present situation.

Bad economic times.

During bad economic downturns, the overall demand often lead to prolonged periods of unemployment. This cause the reduction of spending and uncertainty often erodes consumer confidence and overall spending decrease.

Interested in changing your financial situation?

You and you alone can cause change. No government will bring that change to you. If you are waiting for a government to bring change, keep waiting.


If you believe you have the ability to change your economic situation, then you are on the right track .

Communication networking

Communication networking is free and everyone can do it. Through communication networking, you may grow into social networking. Social networking often lead to financial networking, and it is as simple as that.

Situation Right Now

Situation right now - State of the Nation
Situation right now - State of the Nation
Posted by Avimedia on Wednesday, October 12, 2016

Situation right now

The Borgward returns after an absent of 55 years.

Borgward has returned to Geneva, with the BX7, after 55 years in absentia.

The come-back is stunningly impressive, to bring a cross-over between BMW, Mercedes-Benz and Audi. The resurrection of production has been the efforts of the grandsons and a consortium of companies.

Carl F. W. founded the company in Bremen, Germany. Mercedes Benz Bremen, operate from the premises today. 

Carl Borgward's grandson, Christian Borgward, together with Chinese investors has revived the brand, with his partner Karlheinz L. Knöss.

 In 1961, the company was forced into liquidation by creditors. Carl Borgward died in July 1963, still insisting the company had been technically solvent. This proved to be true in the sense that after the creditors were paid in full, there was still 4.5 million Marks left over from the business

After the war, in the troubled economic situation then confronting Germany, the business failed to prosper and by the late 1920s faced bankruptcy. For Carl Borgward, already the successful creator of the Goliath-Blitzkarren business, the misfortunes of Hansa-Lloyd presented an opportunity greatly to expand the scope of his auto business, and he took control of it

Borgward Hansa 1500 Sport-coupé of 1954.

 Borgward Hansa 1500 of 1952

Borgward Isabella built in 1959

 

 Borgward Isabella Coupé (2+2)

 Borgward P100 with air spring

In 1960 the Borgward P100 was introduced, equipped with pneumatic suspension.

 Isabella TS Deluxe

Production of the Borgward Isabella began in 1954. The Isabella would become Borgward's most popular model and remained in production for the life of the company

 Borgward B4500 (1957)

Borgward introduced a line of 1500 cc sports racers in the late 1950s, with the 16-valve engine from these becoming a successful Formula Two power unit (which was also used by some F1 privateers in 1961).

 

Sources: Wiki & others