EED – Help For The Study

A completed application for financial support, requires a little time and should be done very carefully. This applies to the application in paper form as well as for those who will be filled on the computer and printed out. Ultimately it is about money and the opportunity to complete his studies faster thanks to financial support. Clerical error, negligence or misrepresentation help anyone in doubt, and have unpleasant consequences – apart from the fact that no money flows. The application for the EED aims to ensure that only students to benefit from a promotion to meet the requirements. They must not be older than 30 years, one’s wealth and income of the parents must not exceed certain limits and be the educational objective must be recognized. All conditions are met, is after a certain time – patience, you should bring already – a positive decision. If the BAfG decision is negative, may appeal to the courts. In an emergency, there remains only the case before thecompetent administrative court. Who does not want to let it get that far, should worry about a student loan, can be alleviated with the help of the financial burden during the study. The monthly payments are based on the average cost, which causes a degree. The total amount that will be added this way as a student loan, subject to an effective annual rate rather low. Entirely free of interest is the proportion that will be repaid in that Law. Be paid monthly in accordance with the Federal Training Assistance Act, for example 400 euros, then 200 euro grant and $ 200 interest-free loan that must be repaid after graduation. The rates will be repaid with EED fall in quarterly and are based on merit. As it is now, however, no longer is sure to find a job after graduation, when repayment of the EED is always the option to request a postponement.

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