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What is the approximate budget for a Master's in Germany including an education loan?

22 Jun 2026 · Answered by Swastika Ghosh · 1 min read
Swastika Ghosh
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For a master's in Germany, most public universities charge little or no tuition, except in some states like Baden-Württemberg or Bavaria, where fees can be €1,500-€3,000 per semester. Living expenses are about €11,900 per year. With semester contributions, your total yearly cost is roughly €12,000-€18,700. Indian students often fund these costs through education loans from banks like SBI, HDFC Credila, or Axis Bank. Check specific universities for up-to-date fees.

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Deepak Kumar
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You should plan for an overall annual budget of €12,000 - €15,000 for your Master’s in Germany, based on typical current costs.

Main expenses include:
- Tuition fees: €0 at most public universities (some states charge €2,000 - €6,000/semester for non-EU students; private universities: €5,000 - €20,000/year)
- Semester contribution: €150 - €400/semester
- Living expenses: €900 - €1,200/month (includes accommodation, food, health insurance, transport, personal expenses)

You must also show proof of funds of at least €11,208/year (subject to change) for your student visa.

Costs vary by city and lifestyle. If you need a detailed estimate for a specific university or location, connect with your LeapScholar counsellor.

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