German Federal Ministry of Education and Research (BMBF) has extended the Coronavirus aid program for students who have been affected by COVID-19, and the state will be offering them financial support from November until the end of the winter semester, the Ministry announced on Friday, November 20.
Announcing the move, the Federal Education Minister, Anja Karliczek, said that by extending the financial programs, the Ministry wants to assist students who are unable to finance themselves or receive support from their parents due to measures imposed to prevent the COVID-19 spread, Erudera College News reports.
According to the Ministry’s announcement, student unions who since June have been coordinating and delivering the funds provided by BMBF will once again be in charge of it.
The application procedures will be the same as in the previous months, meaning students must submit applications online again.
The monthly amount of €500, which does not have to be paid back is allocated to all students in Germany, including local and international students who are enrolled at German universities and are not on leave.
Moreover, the KfW student loan will be interest-free until the end of 2021, and students can continue to receive this loan until the end of March 2021. Students are allowed to receive up to €650 a month.
The Coronavirus emergency aid of €100 million was approved by the Federal Government of Germany in June.
In addition to state help, in an effort to assist students affected by the pandemic, universities across Germany have established funds to offer financial support to students who are in need of assistance due to COVID-19 developments.
Between May and June, around 250 students were helped by the Cologne University Foundation, each one of them receiving 800€.
40 per cent of students in Germany said they fear unemployment amid pandemic, claiming that good career opportunities have worsened lately, a study carried out by Ernst & Young (EY) for the German Press Agency has shown.