Germany has increased the financial requirements for student visas, effective September 1, 2024. Applicants must now show proof of at least €11,904 in their blocked accounts to be eligible. This change aims to ensure financial stability for international students.
A Response to Inflation
Ameya Gadkari, a Systems Engineering student, believes the increase is a response to Germany’s rising inflation. “It’s expected until the situation becomes normal,” he says. The German Academic Exchange Service (DAAD) and German missions abroad announced this change.
Finding Ways to Cope
Students are adapting to the new requirements. Samruddhi Chaugule, a Masters student in Aviation Management, thinks having a good amount of blocked money is safer due to the increase in immigrants and difficulty finding rental places and part-time jobs.
Germany has increased the financial requirements for student visas, effective September 1, 2024. Applicants must now show proof of at least €11,904 in their blocked accounts to be eligible. This change aims to ensure financial stability for international students.
A Response to Inflation
Ameya Gadkari, a Systems Engineering student, believes the increase is a response to Germany’s rising inflation. “It’s expected until the situation becomes normal,” he says. The German Academic Exchange Service (DAAD) and German missions abroad announced this change.
Finding Ways to Cope
Students are adapting to the new requirements. Samruddhi Chaugule, a Masters student in Aviation Management, thinks having a good amount of blocked money is safer due to the increase in immigrants and difficulty finding rental places and part-time jobs.