As of the WS 2010/2011 we set up Studienfonds gGmbH, an education fund at the Universität zu Lübeck. This provides financial aid in the form of micro-loans to eligible students and thereby helps minimise the debt you incur while getting an education. In return, we require you as a borrower to pay back the loan after you graduate and begin working. The payment amount is determined by your income and the degree you earned at the Universität zu Lübeck.
A typical student at the Universität zu Lübeck has € 240/month less to spend than the average student in Germany.
And 60% of our students work on the side, which only prolongs their stay at the university.
Only 3% of university students in Germany get financial aid, and most of the recipients come from high-income families.