Can 10 lakh cover an engineering masters in Germany?
Your Rs. 10 lakh budget can work for an engineering masters in Germany, but you need to plan carefully, since public universities charge no tuition and your money mainly needs to cover the mandatory blocked account that proves you can support yourself for the year.
Where Your Rs. 10 Lakh Actually Goes
| Expense | Cost In Euros | Cost In Rupees |
|---|---|---|
| Blocked account for one year | EUR 11,904 | About Rs. 10.8 lakh |
| Semester contribution | EUR 150 to EUR 400 | About Rs. 13,500 to Rs. 36,000 |
| Tuition at public universities | EUR 0 | Rs. 0 |
How To Close The Gap
- Work up to 140 full days a year through a Werkstudent role to cover month to month costs
- Choose lower cost cities like Dresden, Chemnitz or Magdeburg instead of Munich or Frankfurt
- Apply early for the DAAD scholarship or the Deutschlandstipendium to offset living costs
- Avoid Baden Wurttemberg universities such as TU Stuttgart or KIT, which charge non EU tuition
My Advice
Start your blocked account paperwork now and plan for a part time Werkstudent job from your very first semester, since that Rs. 80,000 shortfall disappears quickly once you are earning, and you will need to prove funds again for year two.
Cash income, business income or no ITR?
See whether your funds and documents will pass the German visa check.
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